Powerloom Price

Powerloom is a native gas token that powers the Powerloom ecosystem. Launched in January 2025, POWERLOOM operates on the Ethereum platform and serves as the fuel for activities within Powerloom's composable data network. This network aims to provide Web3 consumers with easy access to reliable and verifiable on-chain insights. Key features of Powerloom: - Total supply: 1B POWERLOOM - Circulating supply: 324.98M POWERLOOM - Current price: $0.0009499 - 24-hour trading volume: $4.17K - Market cap: $308.7K Powerloom plays a crucial role in facilitating transactions and operations within the Powerloom ecosystem. As the project continues to develop and expand its offerings, POWERLOOM is expected to gain more utility and potentially increase in value. The token reached its all-time high of $0.36 on January 10, 2025, shortly after its launch. As of 2026-02-02, POWERLOOM is ranked #3562 among all cryptocurrencies by market capitalization. With its focus on providing reliable on-chain data insights, Powerloom aims to become an essential component of the Web3 infrastructure in the coming years.

Powerloom was created on January 9, 2025. The cryptocurrency was launched on the Ethereum platform as an ERC-20 token. Powerloom aims to power the Powerloom ecosystem, which is a composable data network providing reliable and verifiable on-chain insights for Web3 consumers. As the native gas token, POWERLOOM fuels activities within this ecosystem, supporting Powerloom's mission to ensure hassle-free access to blockchain data and analytics.

The founders of Powerloom are not publicly disclosed. Powerloom was launched in January 2025 as the native token of the Powerloom protocol, which is a composable data network for Web3. While the specific individuals behind the project remain anonymous, Powerloom was developed by the team at Powerloom to fuel activities within their ecosystem. The project aims to provide reliable and verifiable on-chain insights for Web3 consumers through its decentralized data infrastructure. As is common in many cryptocurrency projects, the founders have chosen to keep their identities private, focusing instead on the technology and vision behind Powerloom and the Powerloom network.

Powerloom works as a native gas token within the Powerloom ecosystem, fueling activities on this composable data network. Here's how it functions: 1. Network Fuel: POWERLOOM powers transactions and operations on the Powerloom network. 2. Data Access: Users spend POWERLOOM to access reliable, verifiable on-chain insights. 3. Incentivization: The token incentivizes network participants to contribute and maintain data integrity. 4. Governance: POWERLOOM holders may participate in network governance decisions. 5. Value Accrual: As network usage increases, demand for POWERLOOM is expected to grow. 6. Ethereum-based: Powerloom is an ERC-20 token, leveraging Ethereum's security and infrastructure. 7. Limited Supply: With a max supply of 1B POWERLOOM, POWERLOOM has scarcity built-in. 8. Market Dynamics: POWERLOOM's value fluctuates based on supply and demand, with a current price of $0.0009499. 9. Ecosystem Growth: The token's utility expands as Powerloom's data network and partnerships develop. 10. Future Potential: As Web3 data needs grow, Powerloom's role in facilitating reliable insights may become increasingly valuable.

Powerloom utilizes a layered technical architecture designed for scalability and efficiency: 1. Base Layer: Built on Ethereum, leveraging its security and smart contract capabilities. 2. Data Layer: Implements a composable data network for aggregating and verifying on-chain insights. 3. Consensus Layer: Uses a Proof-of-Stake mechanism for network validation and governance. 4. Execution Layer: Employs smart contracts for executing network operations and token utilities. 5. Application Layer: Provides APIs and SDKs for developers to build decentralized applications. The POWERLOOM token serves as the native gas token, fueling all activities within the ecosystem. This architecture enables Powerloom to offer reliable, verifiable on-chain data access while maintaining high throughput and low latency. The network's design prioritizes interoperability, allowing seamless integration with other blockchain protocols and Web3 services.

Powerloom has an ambitious roadmap for the future. Key milestones include: 2026: Expanding the Powerloom data network and onboarding more Web3 projects to utilize its verifiable on-chain insights. 2027: Launching advanced data analytics tools and APIs to make blockchain data more accessible and actionable for developers and businesses. 2028: Introducing cross-chain data aggregation capabilities to provide unified insights across multiple blockchain networks. 2031: Developing AI-powered predictive analytics features to offer valuable forecasts based on on-chain data patterns. The team is focused on continuous improvement of the Powerloom ecosystem, aiming to become the go-to platform for reliable and verifiable blockchain data. With its current price of $0.0009499 and market cap of $308.7K, Powerloom has significant growth potential as it executes on this roadmap and gains wider adoption in the Web3 space. Long-term price predictions suggest Powerloom could reach $0.001002 by 2027, $0.001835 by 2031, and potentially -- by 2036 if it successfully captures a large share of the blockchain data market.