Neutron Price

Neutron (NTRN) is a cryptocurrency that powers the Neutron platform, a secure cross-chain smart contracting system launched in 2023. Currently ranked #886 with a price of $0.03656, NTRN has seen a -4.86% change in the last 24 hours. The token has a circulating supply of 617.98M NTRN out of a maximum supply of 999.74M NTRN. Neutron operates on the Osmosis ecosystem and focuses on DeFi, smart contracts, and cross-chain interoperability. The platform leverages the security of a top blockchain by staked capitalization, making it attractive for developers building decentralized applications. With a market cap of $22.58M and 24-hour trading volume of $84.82K, NTRN has established itself as a notable player in the cross-chain infrastructure space. The token supports the platform's governance and utility functions across its ecosystem.

Neutron (NTRN) was created on May 8, 2023. It was officially launched as a cryptocurrency designed to enhance the Cosmos ecosystem with smart contract capabilities. Neutron focuses on providing DeFi solutions, cross-chain interoperability, and operates as part of the Osmosis ecosystem. Since its launch, it has gained recognition for its innovative approach to decentralized finance and has been listed on multiple trading platforms.

-- was founded by a team of blockchain experts and developers from the Cosmos ecosystem. The project was launched in May 2023 as a permissionless smart contract platform built on Cosmos. It was developed with support from notable investors including YZi Labs (formerly Binance Labs), Coinfund, and Nomad Capital. The founding team focused on creating a cross-chain platform that enables secure interoperability between blockchains while providing advanced DeFi capabilities. -- operates as a sovereign layer-1 blockchain within the Cosmos ecosystem, designed to enhance the security and functionality of cross-chain smart contracts.

Neutron (NTRN) operates as a blockchain platform built on the Cosmos ecosystem, utilizing Inter-Blockchain Communication (IBC) technology to enable cross-chain functionality. The network employs Inter-Contract Calls (ICA) and Inter-Chain Queries (ICQ) to execute transactions across different blockchains and manage accounts on various networks. NTRN tokens serve multiple purposes within the ecosystem: - Governance: Token holders can vote on protocol changes and upgrades - Staking: Users can stake tokens to secure the network and earn rewards - Transaction fees: Payments for operations on the network - DeFi applications: Supporting various decentralized finance protocols With a current price of $0.03656 and market cap of $22.58M, NTRN has established itself as a key infrastructure layer in the Cosmos ecosystem, particularly for DeFi applications. The total supply is capped at 999.74M NTRN tokens, with 617.98M NTRN currently in circulation.

Neutron utilizes a sophisticated technical architecture built on the Cosmos blockchain framework. At its core, NTRN implements Interchain Security, leveraging the Cosmos Hub's validator set for enhanced protection and consensus validation. This replicated security model allows NTRN to maintain robust network integrity without building its own validator set from scratch. The architecture features a parallelized EVM (Ethereum Virtual Machine) implementation that enables cross-chain interoperability while maintaining compatibility with Ethereum-based smart contracts. This design facilitates seamless interaction between the Cosmos ecosystem and other blockchain networks. Neutron's infrastructure includes advanced smart contract capabilities, supporting DeFi applications and cross-chain transactions. The network employs a proof-of-stake consensus mechanism that prioritizes energy efficiency and scalability. With a maximum supply of 999.74M NTRN tokens, the technical design ensures optimal token economics while supporting the platform's governance model, allowing stakeholders to participate in protocol decisions through a DAO structure.

Neutron has a promising roadmap focused on expanding its interchain DeFi ecosystem. The project aims to enhance cross-chain capabilities, improve smart contract functionality, and strengthen its position within the Cosmos ecosystem by 2025-2026. Key upcoming developments include governance improvements, additional protocol integrations, and enhanced security features. With current market cap at $22.58M and trading at $0.03656, NTRN is positioned to grow its ecosystem partnerships and increase adoption. The team is actively developing new DeFi primitives and working on scalability solutions to handle increased transaction volumes beyond the current $84.82K daily trading volume. Long-term goals through 2030 include becoming a leading interoperability solution for decentralized finance applications across multiple blockchains.