ChainPort Price

ChainPort is a cross-chain bridge protocol that enables seamless asset transfers between different blockchain networks. Key features of PORTX include: - Supports 7 blockchains currently, with plans to expand to all major EVM-compatible chains and non-EVM chains - Provides institutional-grade security through multi-layer technology combining multiparty computing cryptography and hardware isolation - Allows full interoperability, letting users transfer tokens to any supported chain without restoring the original token - Launched in 2022 and has over 140 tokens using the platform with around $250 million in Total Value Locked (TVL) - Native token PORTX is used for governance and incentives within the ecosystem As of 2026-02-02, PORTX is trading at $0.0004264 with a 24-hour trading volume of $11.54K. It has a circulating supply of 171.13M PORTX tokens and a total supply of 679.81M PORTX. The current market cap is $72.97K, ranking #5266 among all cryptocurrencies.

ChainPort was created on January 19, 2022. The project launched its token on this date, marking the official creation of the PORTX cryptocurrency. Since then, ChainPort has been operating on multiple blockchain platforms, including Ethereum, BNB Smart Chain, Fantom, and Polygon. The token was designed to support ChainPort's innovative blockchain bridge technology, which aims to provide institutional-grade security and true interoperability across different blockchain networks.

The founders of ChainPort are not publicly disclosed. ChainPort was launched as a decentralized project focused on providing interoperability between blockchains. The team behind ChainPort has chosen to remain anonymous, which is not uncommon in the cryptocurrency space. This approach allows the project to be judged on its technical merits and community adoption rather than the reputation of specific individuals. ChainPort was introduced in January 2022 with the goal of creating a secure and efficient cross-chain bridge solution. While the identities of the founders are unknown, the project has gained traction due to its innovative technology and partnerships within the blockchain industry.

ChainPort operates as a blockchain bridge, providing secure and interoperable token transfers across multiple networks. Here's how it works: 1. Multi-chain support: ChainPort currently supports 7 blockchains, with plans to expand to all major EVM-compatible chains and non-EVM chains. 2. Token porting: Users can transfer tokens from one supported blockchain to another seamlessly through the ChainPort platform. 3. Security measures: ChainPort utilizes multi-layer security technology, combining multiparty computing cryptography from providers like Fireblocks and Gnosis, along with hardware isolation. 4. Interoperability: ChainPort allows tokens to be transferred to any supported chain without needing to restore the original token. 5. Liquidity: With a total supply of 679.81M PORTX PORTX tokens and a circulating supply of 171.13M PORTX, ChainPort maintains liquidity across supported networks. 6. Governance: The PORTX token may be used for governance decisions within the ChainPort ecosystem. By facilitating cross-chain transfers with institutional-grade security, ChainPort aims to enhance blockchain interoperability and expand the possibilities for decentralized applications and DeFi protocols across multiple networks.

ChainPort utilizes a multi-chain architecture to enable seamless asset transfers across different blockchain networks. Its technical infrastructure includes: 1. Cross-chain bridges: Secure bridges connecting 7 major blockchains, with plans to support all major EVM chains by Q1 2027 and non-EVM chains by Q2 2027. 2. Multi-party computation (MPC): Leverages advanced MPC cryptography from providers like Fireblocks and Gnosis for enhanced security. 3. Hardware isolation: Employs hardware-based security measures to protect assets and transactions. 4. Smart contracts: Deployed on multiple chains including Ethereum, BNB Chain, Fantom, and Polygon to facilitate cross-chain operations. 5. Interoperability protocol: Allows tokens to be transferred to any supported chain without reverting to the original token. 6. Custodian-level security: Implements multi-layered security measures to ensure the safety of all bridged assets. This architecture enables ChainPort to provide a secure, efficient, and truly interoperable cross-chain solution for the decentralized finance ecosystem.

ChainPort has an ambitious roadmap for the future. Key milestones include: • Expanding blockchain support to all major EVM chains by 2027 Q1 • Adding non-EVM chain support starting 2027 Q2 • Enhancing security features and interoperability • Growing partnerships and integrations across DeFi ecosystems • Scaling infrastructure to handle increased transaction volumes • Launching new products and services built on the ChainPort bridge technology The team is focused on establishing ChainPort as the leading cross-chain bridge solution. With its innovative multi-layer security approach and true interoperability, ChainPort is well-positioned for growth. The current price of $0.0004264 is expected to increase significantly, potentially reaching $0.0004455 by 2027 and $0.0007181 by 2031 as adoption expands. However, as with any crypto project, actual results may vary based on market conditions and development progress.