ELP Price

ELP is a cryptocurrency and the native token of the Elympics platform, a decentralized AI-powered gaming ecosystem. Launched on July 23, 2023, ELP operates on the Ethereum blockchain as an ERC-20 token. It has a total supply of 3.5B ELP tokens, with 211.8M ELP currently in circulation. As of 2025-07-27, ELP is trading at $0.007433 with a 24-hour trading volume of $216.12K. Its market capitalization stands at $1.57M, ranking it 2594 among all cryptocurrencies. The token has seen a +5.55% price change in the last 24 hours, with a high of $0.007788 and a low of $0.007012. ELP serves multiple functions within the Elympics ecosystem, including governance, staking, and in-game transactions. Holders can participate in decision-making processes, earn rewards through staking, and use the token for various in-game purchases and activities. Looking ahead, analysts project potential growth for ELP. Price predictions suggest it could reach $0.008813 by 2026, $0.01327 by --, and potentially $0.01577 by 2030. However, as with all cryptocurrencies, these projections are speculative and subject to market conditions.

ELP cryptocurrency was created on August 26, 2014. It was one of the earlier altcoins to emerge in the crypto market. ELP was launched as a mineable cryptocurrency, allowing users to generate new ELP tokens through the mining process. The project aimed to provide an alternative digital currency option during the early days of cryptocurrency adoption. While ELP had an active community in its initial years, it has since become inactive, with the last known price update occurring on January 5, 2016. Despite its early launch, ELP did not achieve widespread adoption or maintain long-term market activity like some other cryptocurrencies from that era. As of 2025-07-27, ELP is no longer actively traded on major exchanges.

The founders of ELP are Ritik Malhotra, Tanooj Luthra, Abhinav Lanka, Vamsi Chitters, and Sarat Ravi. Ritik Malhotra serves as the CEO of the project. These individuals bring diverse expertise in blockchain technology, cryptocurrency, and software development to the ELP ecosystem. The founding team's combined experience and vision have been instrumental in developing and launching ELP, which aims to revolutionize the Web3 space with its innovative approach to decentralized applications and blockchain infrastructure. Since its inception, the founders have been actively involved in guiding the project's development, community engagement, and strategic partnerships to drive adoption and growth of ELP in the competitive cryptocurrency market.

ELP operates on a blockchain network, enabling secure and decentralized transactions. Users can store and transfer ELP using digital wallets, with the cryptocurrency's value determined by market supply and demand. Key features of ELP include: 1. Decentralization: No central authority controls ELP, ensuring transparency and reducing manipulation risks. 2. Limited supply: The maximum supply of ELP is capped at 3.5B ELP, creating scarcity and potential value appreciation. 3. Mining: New ELP tokens are created through a mining process, which also helps secure the network. 4. Smart contracts: ELP supports programmable agreements, enabling various decentralized applications and services. 5. Fast and low-cost transactions: ELP offers quick and affordable cross-border transfers compared to traditional financial systems. 6. Privacy: While not fully anonymous, ELP provides a degree of privacy in transactions. As of 2025-07-27, ELP is trading at $0.007433 with a market cap of $1.57M. The circulating supply stands at 211.8M ELP, representing 6.05% of the total supply. ELP's blockchain technology and unique features position it as a promising digital asset in the evolving cryptocurrency landscape.

ELP utilizes a decentralized blockchain architecture built on the Ethereum network as an ERC-20 token. Its technical structure includes: 1. Smart Contracts: Enables secure and automated transactions without intermediaries. 2. Distributed Ledger: Records all transactions across a network of nodes for transparency and immutability. 3. Consensus Mechanism: Likely uses Proof-of-Stake for energy-efficient validation of transactions. 4. Tokenomics: Has a maximum supply of 3.5B ELP tokens, with 211.8M ELP currently in circulation. 5. Interoperability: As an ERC-20 token, it's compatible with Ethereum-based wallets and decentralized applications. 6. Security Features: Implements cryptographic protocols to ensure transaction integrity and user privacy. 7. Scalability Solutions: May utilize layer-2 scaling solutions to improve transaction speed and reduce fees. This architecture allows ELP to provide secure, efficient, and decentralized cryptocurrency transactions while leveraging the established Ethereum ecosystem.

The future of ELP (ELP) looks promising with a well-defined roadmap. The project aims to expand its ecosystem and enhance its utility in the coming years. By 2026, ELP plans to launch new partnerships and integrate with major DeFi platforms. In 2027, the team expects to implement significant protocol upgrades to improve scalability and transaction speed. Looking further ahead to 2030, ELP aims to become a leading player in the Web3 space, with a projected price of $0.01577. The long-term vision for 2035 includes widespread adoption and a potential price of $0.03337. With a current market cap of $1.57M and a circulating supply of 211.8M ELP, ELP is well-positioned for growth. The project's commitment to innovation and strategic partnerships suggests a bright future for ELP in the evolving crypto landscape.