ICON current price is $1.550.

ICON current price is $1.550.

ICON current price is $1.550 with a marketcap of $1.03 B. Its price is -1.73% down in last 24 hours.

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  • icon
    ICON (ICX)
  • Live Price
  • 24h %
  • Market Cap
    $1.03 B
  • Volume
    $44.29 M
  • Available Supply
    662.89 M ICX
  • Rank

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This is going to be an absolute game changer for ICON and it’s DeFi ecosystem. Looking forward to many new collateral types and trading pairs on @BalancedDAO https://twitter.com/helloiconworld/status/1441544560446881801

ICON Foundation@helloiconworld

Here's a deep-dive on BTP for some weekend reading:

No longer are we competing for dominance of L1 solutions. Rather, as established L1 protocols continue to flourish with robust, vibrant communities of their own, the future is bridging, with communication protocols like BTP that allow users to have the best of all worlds.

Onboarding new BTP partners becomes easier the more we onboard, as has been the case with EVM chains. Because similar schemes are used across protocols, the successful integration of @MoonbeamNetwork means that we can now easily onboard protocols such as @AcalaNetwork, @0xPlasma.

This means BTP does not depend on game theory, consensus amongst relays, or any measure to protect funds from malicious Relays. BTP is as secure and decentralized as the source and destination of the transactions.

BTP architecture is also robust, designed with the safety of users as the number one concern: the security of the BTP protocol depends only on smart contracts, not relays making it as secure with one Relay as with one hundred.

This means that ICON holders will be able to use assets that they already own on the ICON blockchain on @NEARProtocol, @harmonyprotocol, @BinanceChain, @HeyEdgeware, and our growing network of BTP partner blockchains--akin to seamlessly traveling between countries visa-free!

The first utility for BTP will be basic token transfer (i.e. ICX, BNB, etc.) but BTP is modular and can support many complex transaction types such as yield farming and asset staking on other networks.

For those of you who don’t already know, BTP is the inter-chain communication protocol, akin to Cosmos IBC, Ren, and Wormhole, that will enable interoperability between many networks.

The Iconist is your best resource for news, updates and insights from @helloiconworld ✨

Check it out: https://theicon.ist/

#ICON #ICONFoundation @ICONLOOP #ICONDApps #Blockchain

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