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    Connext

    NEXT

    Rank #1017

    $0.2810

    -10.69%
    24H Low$0.2754
    $0.308824H High
    24H Volume
    $3.79 M
    All-Time High(ATH)
    $0.4497
    All-Time Low(ATL)
    $0.01360
    Market Cap
    $29.52 M
    Fully Diluted Valuation
    $276.26 M
    Market Cap/FDV
    10.68%
    Circulating Supply
    106.84 M NEXT
    Total Supply
    1 B NEXT
    Max Supply
    Market Sentiment
    Positive
    * Data from 3rd parties

    Connext (NEXT) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.002276
    -0.81%
    24H
    $-0.03004
    -10.69%
    7D
    $-0.05112
    -18.19%
    30D
    $-0.07947
    -28.28%
    1Y
    $--
    --

    Team Members

    Arjun Bhuptani

    Arjun Bhuptani

    CEO,Founder

    Layne Haber

    Layne Haber

    Co-Founder

    Rahul Sethuram

    Rahul Sethuram

    CTO

    Sarah Brooks

    Sarah Brooks

    CLO,COO

    Investors

    Polychain Capital

    Polychain Capital

    Coinbase Ventures

    Coinbase Ventures

    KR1

    KR1

    NGC Ventures

    NGC Ventures

    Hashed Fund

    Hashed Fund

    CMS Holdings

    CMS Holdings

    Polygon Ventures

    Polygon Ventures

    Kenetic Capital

    Kenetic Capital

    Live Connext (NEXT) Price Update

    Connext price today is $0.2810 with a 24-hour trading volume of $3.79 M, and as such Connext has a market cap of $29.52 M, giving it a market dominance of 0.011%. The Connext price moved -10.69% in the last 24 hours.

    Connext reached its highest price on 2023-09-05 when it was trading at its all-time high of $0.4497, while its lowest price was recorded on 2023-09-05 when it was trading at its all-time low of $0.01360. The current lowest price since the last cycle high was $0.01360, and the highest price since the last cycle low was $0.4497. The social sentiment of Connext is currently Positive.

    The current circulating supply of Connext is $106.84 M NEXT. In terms of market cap, Connext is currently ranked 1017.

    About Connext (NEXT)

    Connext is an interoperability protocol that enables fast, non-storage-related asset transfers between blockchains and contract work between EVM-compliant blockchains.Connext solves the lack or presence of small amounts of liquidity in L2 solutions and EVMs. In essence, in simple terms you could say it is a crosschain bridge. Just 5 weeks after launch, Connext NXTP has expanded to support 9 networks including Ethereum, Polygon, Arbitrum and Avalanche on the main network. Just look how many networks Connext supports today: Binance Smart Chain, Polygon, xDai, Fantom Opera, Arbitrum One, Avalanche, Optimism, Moonriver, Moonbeam. And they will also add support for Fuse, Celo, Aurora, Harmony, Evmos, Neon, Godwoken, zkSync, StarkNet.Deals take place in three stages:Auction: The user requests the desired route. Routers respond with bids containing commitments to complete the transaction within a certain time period and in a certain price range.Preparation: Once the auction is completed, the transaction can be prepared. The user sends a transaction to the TransactionManager contract on the sender's network containing the signed router bid. This transaction locks the user's funds in the sending network. Upon detecting an event containing their signed request, the router sends the same transaction to the TransactionManager in the chain on the recipient side and locks the appropriate amount of liquidity. The amount blocked in the receiving network is equal to the sending amount minus the commission, so the router is rewarded for completing the transaction.Execution: when a TransactionPrepared event is detected on the receiving network, the user signs the message and sends it to the repeater, which receives a sending fee. The repeater (which is usually another router) then sends a message to the Transaction Manager to complete the user's transaction on the destination network and claim the funds blocked by the router.If the transaction is not completed within a fixed validity

    FAQs

    1. What determines the price movement of Connext?

    There are two schools of thought in determining the price of Connext.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Connext, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Connext from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Connext on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Connext as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Connext and the cryptocurrency market as a whole.

    Connext Tokenomics

    Next Unlock Events

    Next Unlock Events

    NEXT --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Unlock Rounds --

    --

    D

    0

    --

    Unlock Rounds --

    --

    D

    0

    --

    NEXT --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Vesting Info

    Links to official documents

    Allocations

    Name
    Total
    Unlocked
    Locked

    DAO

    29.3%

    --

    --

    Early backers

    22.43%

    --

    --

    Early Team & Advisors

    11.61%

    --

    --

    Ecosystem & Strategic Backers

    11.24%

    --

    --

    Connext Foundation

    10.94%

    --

    --

    Airdrop

    10.7%

    10.7%

    --

    Proxima Labs

    3.78%

    --

    --

    Vesting Info

    Links to official documents

    Vesting Schedule

    Round
    Token Allocation
    TGE Unlock
    Cliff

    Unlocked

    Locked

    Next Unlock
    Summary

    107M

    100%

    --

    NEXT 107 M

    --

    Sep 5, 2023

    Sep 5, 2023

    --

    100.0% TGE,

    37.80M

    0%

    --

    --

    --

    --

    --

    293M

    0%

    --

    --

    --

    --

    --

    224.3M

    0%

    1Y

    --

    --

    Sep 5, 2025

    2024/09/05

    7.692%

    1 year-cliff,then 7.692% months for 12 months

    116.1M

    0%

    1Y

    --

    --

    Sep 5, 2025

    2024/09/05

    7.692%

    1 year-cliff,then 7.692% months for 12 months

    112.4M

    0%

    1Y

    --

    --

    Sep 5, 2025

    2024/09/05

    7.692%

    1 year-cliff,then 7.692% months for 12 months

    109.4M

    0%

    --

    --

    --

    --

    --

    Total
    Token Allocation
    Next Unlock
    Summary
    Total
    NEXT 107M

    NEXT 107M

    10.7% of Supply

    Connext Analysis

    Connext (NEXT) News

    Date
    Market Cap
    Volume
    Open
    Close
    2024-03-19
    $31.57 M
    3148.63 NEXT
    $0.2955
    N/A
    2024-03-18
    $32.86 M
    20619.96 NEXT
    $0.3076
    $0.2955
    2024-03-17
    $31.41 M
    2019.84 NEXT
    $0.2939
    $0.3076
    2024-03-16
    $31.38 M
    3159.51 NEXT
    $0.2937
    $0.2939
    2024-03-15
    $33.49 M
    -- NEXT
    $0.3135
    $0.2937
    2024-03-14
    $34.55 M
    12756.28 NEXT
    $0.3234
    $0.3135
    2024-03-13
    $35.94 M
    2901.21 NEXT
    $0.3364
    $0.3234
    2024-03-12
    $37.21 M
    17136.74 NEXT
    $0.3483
    $0.3364