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REI Network (REI) is not tradable on Coinbase.

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

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REI Network

REI

About REI Network

REI Network is a blockchain framework that strives to adapt to the evolving trends of the blockchain industry. It seeks to provide a lightweight, Ethereum-compatible platform with high performance and minimal transaction costs. The network is built on a unique design of tokenomics, which aims to lower resource consumption, providing a more user-friendly solution. REI Network also focuses on speed, with an average block time of 3 seconds and a transaction per second (TPS) rate of over 3000. This focus on speed aims to provide users a faster experience without compromising decentralization.

REI Network operates through a unique staking and replacement system for on-chain resources, which allows users to complete on-chain transactions with minimal costs. This system is designed to be efficient and economical, with no Proof of Work (PoW) but a green-based Delegated Proof of Stake (DPoS) + Byzantine Fault Tolerance (BFT) consensus mechanism. The network also features an abstract consensus module built into its cross-chain mechanism, which can be easily integrated to become a chain-making tool. Additionally, REI Network supports developers with resources and support to encourage ecosystem building.

REI Network supports a wide range of potential use cases, particularly in the areas of decentralized finance (DeFi), GameFi, and Non-Fungible Tokens (NFTs). The network's compatibility with the Ethereum Virtual Machine (EVM) and Ethereum infrastructure allows for seamless migration of Ethereum applications. Developers can build various decentralized applications (DApps) on REI Network, including decentralized exchanges, play-to-earn games, NFT marketplaces, non-custodial lending solutions, and next-generation stablecoins. The network also encourages community participation in governance and proposal submission through its Decentralized Autonomous Organization (DAO).

REI Network's history began with the release of the GXChain 2.0 developer preview version in the second quarter of 2021. The network underwent several upgrades and enhancements throughout the year, including the introduction of stacking and slashing modules for second-level block confirmation and the implementation of an economic model. In the fourth quarter of 2021, GXChain 2.0 was officially renamed REI Network, and the two networks were interconnected and cross-chained through GXC-Relay. The network's rebranding from GXChain to REI Network marked the singularity of its evolution, and it has since focused on ecosystem infrastructure construction, brand building, and the development of its stake-based economic model.

Market

Market stats

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

$52.7M

Volume (24h)

$16.8M

Circulating supply

950.0M REI

All time high

$0.36

Market performance

Price change (1h)

+0.35%

Price change (1d)

+3.76%

Price change (1w)

+11.44%

Price change (2w)

+7.4%

Price change (1m)

+12.64%

Price change (1y)

+150.51%

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REI Network is on the rise this week.

The price of REI Network has increased by 0.35% in the last hour and increased by 3.76% in the past 24 hours. REI Network’s price has also risen by 11.44% in the past week. The current price is $0.0555 per REI with a 24-hour trading volume of $16.83M. Currently, REI Network is valued at 84.48% below its all time high of $0.36. This all-time high was the highest price paid for REI Network since its launch.

The current circulating supply of REI Network is 950,000,000 REI which means that REI Network has as total market cap of 950,000,000.

FAQ

What is the current price of REI Network?

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

What is the market cap of REI Network?

The current market cap of REI Network is $52.74M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of REI Network?

The all-time high of REI Network is $0.36. This all-time high is highest price paid for REI Network since it was launched.

What is the 24 hour trading volume of REI Network?

Over the last 24 hours, the trading volume of REI Network is $16.83M.

What other assets are similar to REI Network?

Assets that have a similar market cap to REI Network include UFO Gaming, Polytrade, Katana Inu, and many others. To see a full list, see our comparable market cap assets.

How many REI Network are there?

The current circulating supply of REI Network is 950 million.

Can I buy REI Network on Coinbase?

No, REI Network is not currently available on Coinbase, but you can sign up to get the latest news on REI Network and be notified when it gets added to our exchange.