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About Kylin

Kylin network describes itself as a cross-chain platform supporting the data economy of Polkadot. Kylin network is considered a connective tissue between the blockchain or Web3 world and the 'real world,' offering insights and informing each in synergy.

According to the whitepaper, there are various problems associated with the existing blockchain networks including need of accessible data querying and data analytics, and high costs of Legacy oracles and difficulties in feeding off-chain data. The Kylin Network is based on the Polkadot network, and its cross-chain interoperability is considered a resolution for these issues that plague the blockchain ecosystem. The Kylin network aims to be the data infrastructure for decentralized finance (DeFi) and Web3.0 backed by Polkadot.

The platform powers the infrastructure of the main adoption layers of blockchain, such as NFTs, Defi, and DAOs, via reforming data awareness and access. Kylin also assists GameFi in creating an economic ecology by enabling access to off and on-chain data, varying data streams, guaranteeing their accuracy and authenticity.

The native token of the Kylin network platform is KYL. The KYL token plays a significant role in securing and supporting the decentralized data network.

The users need to stake the tokens with a high stake to accomplish the data requests. Users can use KYL tokens to pay transaction fees and query fees. Also, the token holders are eligible to vote for the upgrades related to the protocol and changes in the parameters on Kylin Network.

The Kylin Network team comprises twenty-one members from technical, financial, and marketing backgrounds. Kylin Network's skilled team hails from some of the most prestigious blockchain initiatives and companies, including Wharton, Columbia University, Harmony, Credit Suisse, and many others. Dylan Dewdney, a crypto enthusiast, is the project lead and the co-founder of Harbour DAO. The platform's launch took place in 2020, with the official whitepaper published in the same year.

The total supply of KYL tokens is one billion.

Market

France Market Stats

Market cap

€3.0M

Volume (24h)

-

Circulating supply

270.3M KYL

All time high

€0.0131

Price change (1h)

+0.2%

Price change (24h)

+0.68%

Price change (7d)

+1.02%

France News about Kylin

BeInCrypto • Apr 27, 24

Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights

This move reflects Oklahoma's commitment to protecting its residents' Bitcoin ownership rights amid ongoing regulatory challenges facing the cryptocurrency industry nationwide.The post Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights appeared first on BeInCrypto.

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BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries.The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto.

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Decrypt • Apr 27, 24

This Week in Coins: Bitcoin Stumbles but Meme Coins Come Out Winning—Again

Bonk, Pepe, and Floki are among the biggest gainers of the past seven days.

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BeInCrypto • Apr 27, 24

5 Altcoins You Should Keep an Eye on in May

These crypto assets have been overlooked in the past few weeks but the coming month could change things up.The post 5 Altcoins You Should Keep an Eye on in May appeared first on BeInCrypto.

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Unchained • Apr 26, 24

New Bitcoin Exchange Traded Product Launches in Germany, Chasing 24/7 Trading

A fresh entrant to the exchange traded spot bitcoin market has launched with an extended-hours trading twist. ETC Group, a crypto exchange traded product (ETP) issuer with about $1.5 billion of assets under management, on Thursday launched its ETC Group Core Bitcoin ETP. It trades on the German s...

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The Block • Apr 26, 24

Arkham Intel finds wallets associated with Wisdomtree’s Physical Bitcoin ETP WBIT

WBIT holds 8,900 BTC, worth around $579 million, across 134 wallets, Arkham Intel finds.

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Kylin is on the rise this week.

The price of Kylin has increased by 0.20% in the last hour and increased by 0.68% in the past 24 hours. Kylin’s price has also risen by 1.02% in the past week. The current price is €0.0111 per KYL with a 24-hour trading volume of €0.00. Currently, Kylin is valued at 15.73% below its all time high of €0.0131. This all-time high was the highest price paid for Kylin since its launch.

The current circulating supply of Kylin is 270,259,840 KYL which means that Kylin has as total market cap of 270,259,840.

FAQ

What is the current price of Kylin?

We update our Kylin to EUR currency in real-time. Get the live price of Kylin on Coinbase.

What is the market cap of Kylin?

The current market cap of Kylin is €2.99M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kylin?

The all-time high of Kylin is €0.0131. This all-time high is highest price paid for Kylin since it was launched.

What is the 24 hour trading volume of Kylin?

Over the last 24 hours, the trading volume of Kylin is €0.00.

What other assets are similar to Kylin?

Assets that have a similar market cap to Kylin include Venus Reward Token, DOSE, BaaSid, and many others. To see a full list, see our comparable market cap assets.

How many Kylin are there?

The current circulating supply of Kylin is 270 million.

Can I buy Kylin on Coinbase?

Yes, Kylin is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Kylin guide.

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