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About RED and ELMT
Redstone is climbing, while Element is falling this week. The current RED to ELMT conversion rate is 1,626.99. Inversely, this means that if you convert 1 ELMT you will get 0.0006146 RED. The conversion rate of RED/ELMT has increased by 3.05% in the last hour (ELMT/RED decreased by 3.05%). In the last 24 hours, RED/ELMT grew by 21.99%, while ELMT/RED shrunk by the same amount.
The exchange rate of Redstone is increasing. The current value of 1 RED is 1,626.99 ELMT. In other words, to buy 5 Redstone, it would cost you 8,134.97 ELMT. Inversely, 1 ELMT would allow you to trade for 0.0006146 RED while 50 ELMT would convert to 0.03073 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.43%. Meanwhile, in the last 24 hours, the rate has changed by 20.3%, and that the highest exchange rate of 1 RED to ELMT was 1,628.10 ELMT and the lowest 24 hour value was 1 RED for 1,293.03 ELMT. Last month, 1 RED was worth 658.61 ELMT. Today, it's up 59.52%. Looking back a year, Redstone has changed by 1,179.97 ELMT. That means that in a single year, the value of Redstone has grown by 27.48%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Element Market Stats
ELMT - The ELMT Token is the ERC-20 of the bridged digital rewards from the Element Blockchain, which is using blockchain based technologies to fight destructive mining practices globally. Whereas some tokens are created from ICOs, or Initial Coin Offerings, the ELMT Token is minted on and by the Element Blockchain as a digital reward for node owners who own and host node licenses that power the blockchain. The ELMT Token is an ERC-20 Token that has been bridged over to the Ethereum Network from the Native Element Blockchain. The Element Blockchain is managed by the community of node owners and governed by the Element Distributed Governance Framework (DGF) Charter that was voted in and approved by node owners. Element United, the company, neither promotes the token nor handles its listing on exchanges and does not create liquidity. The company remains focused on building blockchain-based products and services. The company operates independently from the Blockchain, aiming to navigate the intricate regulatory landscape with complete transparency and compliance. Element United is a company working to fight destructive mining practices worldwide with the use of blockchain technologies. This is done in a variety of ways including partnering with mines to create alternate revenue, creating blockchain-based products such as NFTs and interactive gaming, mining certification programs that encourage environmental stewardship and tokenized carbon offset programs. Project Launch Date: 04/21/23 – First Bridge of Token Country of Origin: The majority of the dev team and headquarters is in the United States. Sales team/business developer in Jakarta, Indonesia. Node Owners globally including some mines in Tanzania. Media Coverage:
Conversion tables
RED to ELMT values from Today at 8:50 am
0.5 RED = 813.50 ELMT |
1 RED = 1,626.99 ELMT |
5 RED = 8,134.97 ELMT |
10 RED = 16,269.94 ELMT |
50 RED = 81,349.68 ELMT |
100 RED = 162,699.37 ELMT |
500 RED = 813,496.84 ELMT |
1,000 RED = 1,626,993.68 ELMT |
ELMT to RED values from Today at 8:48 am
0.5 ELMT = 0.0003073 RED |
1 ELMT = 0.0006146 RED |
5 ELMT = 0.003073 RED |
10 ELMT = 0.006146 RED |
50 ELMT = 0.03073 RED |
100 ELMT = 0.06146 RED |
500 ELMT = 0.3073 RED |
1,000 ELMT = 0.6146 RED |
RED to ELMT over time
RED | Today | 24H 20.30% | 1M 59.52% | 1Y 27.48% |
|---|---|---|---|---|
0.5 RED | 813.50 ELMT | 648.37 ELMT | 329.31 ELMT | 589.99 ELMT |
1 RED | 1,626.99 ELMT | 1,296.75 ELMT | 658.61 ELMT | 1,179.97 ELMT |
5 RED | 8,134.97 ELMT | 6,483.74 ELMT | 3,293.07 ELMT | 5,899.87 ELMT |
10 RED | 16,269.94 ELMT | 12,967.49 ELMT | 6,586.13 ELMT | 11,799.75 ELMT |
50 RED | 81,349.68 ELMT | 64,837.43 ELMT | 32,930.65 ELMT | 58,998.74 ELMT |
100 RED | 162,699.37 ELMT | 129,674.86 ELMT | 65,861.30 ELMT | 117,997.47 ELMT |
500 RED | 813,496.84 ELMT | 648,374.28 ELMT | 329,306.52 ELMT | 589,987.36 ELMT |
1,000 RED | 1,626,993.68 ELMT | 1,296,748.56 ELMT | 658,613.05 ELMT | 1,179,974.73 ELMT |
Frequently asked questions
Right now, 1 Redstone is worth about $0.1532.
Based on the current rate, you could get 6.53 RED for 1 USD.
Redstone price has been on the rise. Since yesterday, the exchange rate of Redstone has increased. Since last month, the exchange rate of Redstone has increased. Since this time last year, the price of Redstone has decreased.
You can use our RED to USD calculator at the top of this page to convert any amount of RED to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 32.64 RED. Inversely, 5 RED will cost about $0.766
Redstone is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Redstone.
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including Banana For Scale, Kava, and FUNToken. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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