Metis
Current price
$3.73
+3.32%24h
LiveUpdated 26s ago
TodayMetis rises 3.3%, while the market falls.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour+2.75%
- 24 hours+3.32%
- 7 days+11.34%
- 30 days+26.40%
- 1 year−61.19%
Metis's move in context
Beating the market today
+3.32% today against −3.26% for the market as a whole, a gap of 6.6 points. A gap this wide suggests something specific to Metis may be moving it, not just the market mood.
Part of a climb
+11.3% over 7 days and +26.4% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Metis
Overview
Metis is a decentralized layer-2 scaling solution designed to enhance the functionality and efficiency of blockchain networks. Its primary mission is to simplify the complexities of decentralized applications (dApps) and facilitate the adoption of web3 technologies. Metis aims to provide a robust infrastructure that allows developers and users to navigate the blockchain ecosystem with ease. The platform is distinguished by its unique approach to layer-2 solutions, which combines features of both rollups and sidechains to deliver fast transaction speeds, lower costs, and improved scalability.
Technical Features
One of the core technical features of Metis is its 'Optimistic Rollup' technology, which allows it to process transactions off the main Ethereum chain while maintaining the security of the Ethereum network. This consensus mechanism works by assuming transactions are valid until proven otherwise, enabling significantly faster transaction speeds and lower fees. The security model is further enhanced through the use of fraud proofs, which ensure that any invalid transactions can be contested and rectified. Metis employs a unique network architecture that combines the benefits of Layer-1 and Layer-2 solutions, allowing it to operate effectively within a decentralized ecosystem. Additionally, the platform supports the Ethereum Virtual Machine (EVM), making it easy for developers to deploy existing Ethereum dApps with minimal modifications.
Use Cases
Metis serves multiple use cases across various sectors in the blockchain landscape. In the realm of decentralized finance (DeFi), it offers solutions for efficient trading and liquidity provision, allowing users to make faster transactions with lower fees. The governance aspect of Metis provides users with the ability to participate in decision-making processes through its decentralized autonomous organization (DAO) structure. Furthermore, Metis is well-suited for applications involving Non-Fungible Tokens (NFTs), enabling the creation, trading, and management of unique digital assets. The platform also facilitates cross-border payments by providing a seamless and cost-effective way to transfer value globally, while its smart contract functionality supports a wide range of dApps and decentralized services.
Development Background
The development of Metis began with a vision to democratize access to blockchain technology and empower developers to bring their ideas to fruition with greater ease. Founded by a team of experienced blockchain engineers and entrepreneurs, Metis has garnered support from notable investors and organizations in the crypto space. Since its inception, the project has seen significant milestones, including successful funding rounds, partnerships with major blockchain entities, and the launch of its mainnet. Noteworthy events, such as strategic collaborations and community engagements, have further solidified its standing within the cryptocurrency ecosystem.
Community and Ecosystem
Metis boasts a vibrant and growing community that is actively involved in its development and governance. The ecosystem includes a variety of projects ranging from DeFi protocols to NFT marketplaces, all built on the Metis platform. Developers have access to extensive resources and tools, enabling them to create and deploy dApps with relative ease. Furthermore, Metis has established partnerships with other blockchain projects and organizations, fostering an environment of collaboration and innovation. The community governance model ensures that all stakeholders have a voice in the development process, making it a truly decentralized initiative.
Future Potential
The future potential of Metis appears promising given its innovative technology and diverse use cases. As blockchain technology continues to evolve, Metis is well-positioned to play a significant role in the proliferation of decentralized applications and services. Upcoming features on its roadmap, such as enhanced interoperability with other networks, improved user interfaces, and expanded support for additional industries, are expected to elevate Metis's impact. The ongoing development of its ecosystem and member-driven governance model will undoubtedly contribute to its growth and adoption in the ever-expanding world of cryptocurrency.
Metis market
- Position by market cap among the coins we track.
- #281
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $30.28M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $3.38High $3.74
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $323.54
- Now 1% of itReached 16 Jan 2022 · Needs +8,574% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 8.12M METIS
- 81% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 10M METIS
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 10M METIS
- The most coins that can ever exist. Some coins have no limit.
Metis converter
1 Metis = $3.73
