Buy Loom Network with Coinbase Wallet

Loom Network can be traded using Coinbase Wallet, your key to the world of crypto.


Market stats

Market cap


Volume (24h)


Circulating supply


Typical hold time

Not enough data



All time high


Price change (1h)


Price change (24h)


Price change (7d)


About Loom Network

Loom Network (LOOM) is an Ethereum token that powers a network of delegated proof of stake sidechains (a system that Loom dubs “EOS on Ethereum”). This allows for highly-scalable games and user-facing dApps backed by the security of Ethereum.


What is Loom Network?

Loom Network (LOOM) is a service platform built on Ethereum that enables developers to run large-scale decentralized applications. Launched in 2017, it strives to provide smart contracts with more computing power when needed or maintain the same power at lower costs for tasks such as onboarding new users or applications that do not require the full security of blockchain. Loom Network operates on Plasma, a scaling solution that aims to facilitate faster transactions across the network. The LOOM token, which is built on Ethereum in accordance with the ERC-20 standard, acts as a membership token, granting access to all apps running on the Loom Network.

How does Loom Network work?

Loom Network operates by allowing Ethereum Solidity applications to run through side chains, which means the applications can have consensus mechanisms specific to their needs and potential threat model. Loom Network aims to make scaling decentralized applications faster and easier on the Ethereum network, using DPoS sidechains for scalability with DApps through the security of Ethereum mainnet. The LOOM token functions on all of the DAppChains that run on the Loom Network, enabling the transfer of digital assets and data between Ethereum and Loom DAppChains.

What are the potential use cases for Loom Network?

Loom Network seeks to be a platform for smart contract developers to create applications without the need to switch to another programming language. It allows developers to easily integrate their applications with the outside world, interacting with APIs developed by third parties which are not on chain. This makes Loom Network particularly useful for large-scale applications that require high transaction throughput and fast confirmation times, such as online games and social apps. Furthermore, Loom Network's compatibility with Ethereum token standards like ERC20 and ERC721 opens up possibilities for a wide range of decentralized applications.

What is the history of Loom Network?

Loom Network was established by Matthew Campbell, James Martin Duffy, and Luke Zhang in 2017. Campbell, a seasoned software engineer, has held positions at several notable companies, including Digital Ocean and Thomson Reuters. Duffy, the CMO at Loom Network, has a background in cryptocurrency trading and web development. Zhang, a co-founder of Loom Network, has a history of working as a lead developer at various companies. Since its inception, Loom Network has been focused on providing a platform that allows developers to run large-scale decentralized applications, with a particular emphasis on gaming and social apps.


Decrypt • Dec 06, 23

How To AI: Best AI Tools for Image Generation

Which AI image generator fits your needs? From Dall-E and MidJourney to Stable Diffusion, we've got a comprehensive guide to help you choose.

Read more

News Article Image

CoinDesk • Dec 06, 23

Pro-Blockchain Bill Clears Hurdle in U.S. House

Another crypto bill has cleared the goal posts of a committee in the U.S. House of Representatives, with the unanimous approval of legislation that would direct the U.S. Secretary of Commerce to support blockchain technology.

Read more

News Article Image

Synthetix Blog • Dec 06, 23

SNXweave Weekly Recap 118

December 6, 2023The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week.👉TLDRAndromeda has been deployed to testnet with the latest version of Perps V3, and

Read more

News Article Image

Unchained • Dec 06, 23

Dogecoin, Oldest Meme-Fueled Crypto, Turns 10 Years Old (That’s About 56 in Dog Years)

Dogecoin, the widely adopted satirical digital currency, turned ten years old on Wednesday. The “open-source peer-to-peer digital currency, favoured by Shiba Inus worldwide,” as declared on its website, is the longest-standing, meme-fueled cryptocurrency and currently has a market capitalization ...

Read more

News Article Image

Unchained • Dec 06, 23

Sam Altman’s Worldcoin Launches Community Grants Program

The Worldcoin Foundation, the non-profit behind the biometric digital identification platform Worldcoin, launched of Wave0 Wave0, a community grants program that will initially invest two million Worldcoins (WLD) (about $5 million at the token’s current price) into ecosystem projects based outsid...

Read more

News Article Image

Bitcoin Magazine • Dec 06, 23

Duplex Democracy

As the electoral engine of the United States purrs to life, many are questioning the point of it all. Aristophanes makes sense of the interplay between public referendum and elite constituencies in “The Primary Issue”.

Read more

News Article Image


Some highlights about Loom Network on social media

22 unique individuals are talking about Loom Network and it is ranked #693 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Loom Network has an average sentiment score of 3 out of 5. Finally, Loom Network is becoming more newsworthy, with 0 news articles published about Loom Network. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Loom Network. There were 96% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Loom Network. 4% of tweets were neutral about Loom Network. These sentiments are based on 25 tweets.

On Reddit, Loom Network was mentioned in 0 Reddit posts and there were 0 comments about Loom Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush



22 people


19 posts



Volume rank


Average Sentiment

3 out of 5


Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Loom Network is on the decline this week.

The price of Loom Network has fallen by 0.99% in the past 7 days. The price declined by 1.10% in the last 24 hours. In just the past hour, the price shrunk by 0.52%. The current price is $0.11 per LOOM. Loom Network is 85.16% below the all time high of $0.77.

The current circulating supply is 1,219,425,697.579 LOOM.


What is the current price of Loom Network?

We update our Loom Network to USD currency in real-time. Get the live price of Loom Network on Coinbase.

What is the market cap of Loom Network?

The current market cap of Loom Network is $139.33M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Loom Network?

The all-time high of Loom Network is $0.77. This all-time high is highest price paid for Loom Network since it was launched.

What is the 24 hour trading volume of Loom Network?

Over the last 24 hours, the trading volume of Loom Network is $23.04M.

What other assets are similar to Loom Network?

Assets that have a similar market cap to Loom Network include VVS Finance, BORA, Ontology Gas, and many others. To see a full list, see our comparable market cap assets.

How many Loom Network are there?

The current circulating supply of Loom Network is 1.2 billion.

What is the relative popularity of Loom Network?

Loom Network ranks 136 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy Loom Network on Coinbase?

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

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on Check out some of the most popular ENS profiles below.