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About VELAR

Velar (VELAR) is a cryptocurrency launched in 2024. VELAR has a current supply of 1.00Bn with 0 in circulation. The last known price of VELAR is 0.071784215441 USD and is 0.00330012428 over the last 24 hours. It is currently trading on active market(s) with $299,639.55 traded over the last 24 hours. More information can be found at .
VELAR Price Statistics
VELAR’s Price Today
24h Price Change
+$0.003300124284.82%
24h Volume
$299,639.555.84%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#5461
VELAR Market Cap
Market Cap
$0
Fully Diluted Market Cap
$71.78M
VELAR Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
VELAR Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Nov 21, 2024 9:13 pm
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VELAR
Velar
$0.071784215441
$0.00330012428(+4.82%)
Mkt Cap $0
There's nothing here for now
Bitcoin Layer-2 Networks Could See $47 Billion Liquidity By 2030
Bitcoin Layer-2 Networks Could See $47 Billion Liquidity By 2030
According to Cointelegraph, Galaxy Digital's research division projects that Bitcoin layer-2 (L2) networks could see approximately $47 billion in Bitcoin liquidity by 2030. This estimation comes as part of a broader analysis of the Bitcoin L2 ecosystem's growth, which has seen a significant increase in projects and venture capital investments. In its latest report, Galaxy Research highlighted the expansion of Bitcoin L2 ecosystems in 2024, noting a sevenfold increase in projects and around $447 million in venture capital investments to date. The report emphasized that venture funding in Bitcoin L2s has already reached $447 million, with 39% of these investments occurring in the first three quarters of 2024. Between January and September 2024, Bitcoin L2s secured $174 million in funding, with $105 million allocated to sidechains and $63 million to rollups. The second quarter of 2024 marked a pivotal shift, with Bitcoin L2s capturing 44% of all venture capital invested in layer-2s across the crypto industry. This period also saw a 159% increase in investments compared to the first quarter of 2024. Galaxy Research noted that traditional crypto venture capitalists, excluding Bitcoin-focused funds, had minimal exposure to the Bitcoin ecosystem before 2024. Previously, many firms viewed Bitcoin primarily as "digital gold," but the emergence of Bitcoin Ordinals and BRC-20 tokens in 2023 introduced new investment opportunities. Galaxy Digital anticipates that crypto venture capitalists will continue to invest in Bitcoin L2s as the ecosystem matures. The report suggests that as the Bitcoin L2 ecosystem develops, approximately $47 billion in Bitcoin could flow into the L2 ecosystem by 2030. This influx is expected as Bitcoin holders seek yield opportunities for their assets. Galaxy's report further elaborates that if Bitcoin reaches $100,000 by 2030, the total addressable market for Bitcoin L2s could reach up to $47 billion, assuming 2.3% of the total Bitcoin supply is locked in Bitcoin L2s by that time. Despite the rapid expansion of the ecosystem, Galaxy researchers predict that only a few players, between three and five, will dominate the market among the 75 builders currently involved in the space. This projection underscores the competitive nature of the Bitcoin L2 landscape as it continues to evolve and attract significant investment.
Nov 21, 2024 8:53 pm

Frequently Asked Questions

  • What is the all-time high price of Velar (VELAR)?

    The all-time high of VELAR was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Velar (VELAR) is 0. The current price of VELAR is down 0% from its all-time high.

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  • How much Velar (VELAR) is there in circulation?

    As of , there is currently 0 VELAR in circulation. VELAR has a maximum supply of 1.00Bn.

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  • What is the market cap of Velar (VELAR)?

    The current market cap of VELAR is 0. It is calculated by multiplying the current supply of VELAR by its real-time market price of 0.071784215441.

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  • What is the all-time low price of Velar (VELAR)?

    The all-time low of VELAR was 0 , from which the coin is now up 0%. The all-time low price of Velar (VELAR) is 0. The current price of VELAR is up 0% from its all-time low.

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  • Is Velar (VELAR) a good investment?

    Velar (VELAR) has a market capitalization of $0 and is ranked #5461 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Velar (VELAR) price trends and patterns to find the best time to purchase VELAR.

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