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Rocket Pool (RPL) price, chart, coin profile and news

Find the latest Rocket Pool (RPL) price, coin profile, news and history to get you started with Rocket Pool trading and investing.

Rocket Pool (RPL) is the 1075th largest cryptocurrency in the world by market cap, valued at $801,940,739. The current price of Rocket Pool is $41.2, which is -0.194% lower than yesterday. Prices have ranged between $43.48 and $39.63 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 08:02 UTC.

Rocket Pool price chart

Price over the past month

What is Rocket Pool?

Rocket Pool is a staking and pool provision service heavily integrated with the Ethereum 2.0 protocol and decentralized finance landscape. Staking is the process of locking up tokens in a network and receiving interest as a reward.

While these coins are locked up in a "node", they are used to validate transactions and execute smart contracts. This is known as a Proof-of-Stake protocol (PoS). Though this is a very popular method of making money, it has a barrier for entry that many casual crypto investors cannot overcome. Rocket Pool aims to be a solution for this. To operate a node, investors need to lock up a significant portion of their Ethereum tokens (32 ETH), as well as have a server that is constantly online. Rocket Pool takes away the complexity from this process, and allows users to "delegate" their tokens to the platform, which will run a node and stake on their behalf. RPL is an ERC-20 token that is used to economically secure the Rocket Pool network. It can be staked in exchange for additional RPL tokens, though this is not a prerequisite for users that wish to stake ETH.

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Rocket Pool at a glance

Basic stats for Rocket Pool

#1075
$802 M
19 M
19 M

Rocket Pool performance over time

Rocket Pool fundamental and technical analysis

Time frame
Movement
1 day
0.19%
1 week
4.44%
1 month
96.61%
2 months
107.50%
200 days
196.35%
1 year
34.64%
Show all

Social activity for Rocket Pool

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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