Bridged Ether (StarkGate) Information

Bridged Ether via StarkGate represents an innovative step in extending the Ethereum ecosystem through layer-2 scaling solutions. By employing zero-knowledge proofs, it aims to enhance transaction efficiency while maintaining security standards. This approach not only reduces congestion on the Ethereum network but also lowers transaction costs, thereby making decentralized applications more accessible.

Bridged Ether (StarkGate)

$3,317.95

  • Current Price $ : 3317.95 $
  • Price Change 24h : 42.13 $
  • Price Change % 24h : 1.28615 %
  • Market Cap : 300181657
  • Market Cap Change % 24h : 0.57895 %

Introduction to Bridged Ether (StarkGate)

Bridged Ether, commonly known as StarkGate Ether, represents an innovative approach within the Ethereum ecosystem. It facilitates seamless transactions using StarkNet’s layer-2 scaling solution to enhance both affordability and efficiency. Understanding this digital asset will provide insights into its past journey, current market standing, and potential future developments.

The Journey of Bridged Ether

Since its launch, Bridged Ether has seen significant price fluctuations. Its highest recorded price, or All Time High (ATH), was $4090.16 in March 2024. Conversely, its All Time Low (ATL) was $1000.36 recorded in November 2023. Such volatility signifies the dynamic nature of the crypto market and the broader trends within the Ethereum network.

Advantages of Bridged Ether

One of the primary advantages of Bridged Ether is its integration with StarkNet, which offers improved transaction speeds and reduced gas costs. This scalability solution promotes wider adoption by providing Ethereum users with cost-effective options.

Another benefit lies in its compatibility within the Ethereum ecosystem, allowing easy migration of applications and smart contracts. This feature ensures that users and developers can leverage existing resources without significant modifications.

Challenges Facing Bridged Ether

Despite its potential, Bridged Ether also faces challenges. The primary concern is the dependence on StarkNet’s infrastructure, which may entail centralization risks compared to the native Ethereum network. Moreover, fluctuating market conditions add a layer of financial unpredictability for investors and users.

Current Market Position

As of the latest update, Bridged Ether is valued at $2640.79 with a 24-hour price increase of 2.94%. Its market cap stands at approximately $211.5 million, showcasing its significant presence in the crypto sphere. The 24-hour trading volume of $7.64 million reflects its active market engagement and user interest.

Future Outlook for Bridged Ether

The future of Bridged Ether depends on the broader adoption of layer-2 solutions and the continued evolution of Ethereum’s technological landscape. Increased adoption of StarkNet can drive higher transaction volumes and potentially stabilize price fluctuations. However, keeping abreast of technological updates and market trends will be crucial for those invested in Bridged Ether.

Conclusion

Bridged Ether via StarkGate exemplifies the ongoing innovation within the Ethereum ecosystem. While it has its set of challenges, its potential benefits in terms of scalability and cost-efficiency are notable. As the crypto market evolves, Bridged Ether is poised at the cusp of a transformative journey, potentially redefining DeFi protocols and digital asset transactions.

from price
$3,318

General Information

Title
Bridged Ether (StarkGate)
Symbol
eth
Whitepaper
Website
Community
-
Last Updated
2025-01-21 23:51

Price Data

Current Price $
3317.95 $
High 24h
3363.08 $
Low 24h
3215.29 $
Price Change 24h
42.13 $
Price Change % 24h
1.28615 %

Market Data

Market Cap
300181657
Total Volume
5050695
Market Cap Change 24h
1727910
Market Cap Change % 24h
0.57895 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
90466.111715199
Total Supply
90466.111715199
Max Supply
-

Historical Data

All Time High (ATH)
4096.66
ATH Change %
-18.85881 %
ATH Date
2024-12-16 19:01
All Time Low (ATL)
1000.36
ATL Change %
232.28734 %
ATL Date
2023-11-19 04:37