API3 (API3) Price

API3 (API3) is a decentralized oracle cryptocurrency launched in 2020 that operates on the Ethereum platform. It aims to provide secure and reliable API connectivity for smart contracts on blockchain networks, enabling decentralized applications to access real-world data. Currently ranked #471 with a price of $0.3725, API3 has seen a +1.30% change in the last 24 hours with a trading volume of $40.45K. API3 functions as the governance token for the API3 DAO, allowing token holders to participate in protocol decisions. The project focuses on first-party oracles (data providers running their own nodes) to eliminate middlemen and reduce costs. With a market cap of $52.95M and a circulating supply of 142.15M API3, API3 supports multiple blockchain ecosystems including Ethereum, Polygon, Fantom, and Cardano. The token has various use cases including staking, governance, and securing the oracle network that powers Web3 applications requiring off-chain data.

API3 was created on September 15, 2020. It was officially launched as a decentralized API solution for Web3 applications, focusing on providing oracle services that connect smart contracts with real-world data. The project aims to solve the 'API connectivity problem' by enabling decentralized applications to securely access off-chain data sources. Since its launch, API3 has established itself as a notable player in the oracle space within the blockchain ecosystem, operating primarily on the Ethereum platform while expanding to other networks including Polygon, Fantom, and Cardano.

API3 was founded by Heikki Vänttinen, Burak Benligiray, and Saša Milić in 2020. These three co-founders launched the project with a vision to provide decentralized API services for Web3 applications. Heikki Vänttinen serves as the project lead, while Burak Benligiray and Saša Milić contribute their technical expertise to the development of the protocol. The founding team aimed to solve the 'API connectivity problem' in blockchain networks by creating a decentralized alternative to traditional API providers. The project officially launched on September 15, 2020, and has since grown into a significant player in the oracle space, focusing on first-party oracles that deliver API data directly to smart contracts without intermediaries.

API3 works as a decentralized oracle solution that connects smart contracts with real-world data. The API3 token powers the API3 DAO governance system where token holders can stake their tokens to participate in decision-making and earn rewards. The protocol uses first-party oracles called 'Airnode' that allow API providers to directly operate their own nodes, eliminating middlemen and reducing costs. Currently ranked #471 with a price of $0.3725, API3 has seen a +1.30% change in the last 24 hours. The token has a circulating supply of 142.15M API3 out of a total supply of 165.48M API3, with a market cap of $52.95M. API3 operates primarily on Ethereum but has expanded to multiple blockchains including Polygon, Fantom, and Cardano ecosystems, making it a versatile Web3 infrastructure solution for decentralized applications requiring reliable off-chain data.

API3 employs a decentralized architecture designed to deliver first-party oracle services. The technical foundation consists of: 1. Airnode: A serverless oracle node that connects smart contracts directly to API providers' data, eliminating middlemen and reducing trust assumptions. 2. dAPI (Decentralized API): These are composed of multiple independent Airnodes, creating reliable data feeds with built-in redundancy. 3. DAO Governance: The protocol is governed by API3 token holders through a decentralized autonomous organization. 4. Off-chain Data Signing: API providers cryptographically sign their data before it reaches the blockchain, ensuring authenticity. 5. Quantifiable Security: The protocol uses crypto-economic security mechanisms where data feeds are secured by staked API3 tokens. 6. Cross-chain Compatibility: While built primarily on Ethereum, API3 supports multiple blockchains including Polygon, Fantom, and Cardano ecosystems. This architecture enables API3 to provide secure, cost-efficient oracle services that connect blockchain applications with real-world data sources while maintaining decentralization principles.

API3 has a promising future with a focus on decentralized API connectivity in the Web3 ecosystem. The roadmap includes expanding their dAPI (decentralized API) network across multiple blockchains beyond Ethereum, Polygon, Fantom, and Cardano. By 2027, API3 plans to enhance their Airnode technology for more seamless oracle services and strengthen their DAO governance model. Key upcoming developments include: • Improved cross-chain functionality • Enhanced security protocols for oracle services • Expanded partnerships with DeFi protocols • Further development of first-party oracles With API3 currently ranked #471 with a price of $0.3725 and market cap of $52.95M, the project continues to gain traction in the oracle space. The team is focused on providing reliable, cost-effective API connectivity solutions that address the 'API connectivity problem' in blockchain applications. Their unique approach of connecting APIs directly to smart contracts positions them well for growth as Web3 adoption increases.

API3 is rising due to its strong 24-hour performance (+1.30%) with significant trading volume ($40.45K). Recent Web3 oracle partnerships and increased adoption across Ethereum and Polygon ecosystems have boosted investor confidence. The token's utility in decentralized API services continues to attract institutional interest.

API3 is currently experiencing a drop due to market volatility and a 19.78% decline over the past 30 days. Despite today's +1.30% gain, broader market sentiment and profit-taking following its recent 33.77% 90-day growth have contributed to the downward pressure.

API3 price could reach $1.50-$2.00 by 2027 based on its oracle technology adoption and Web3 growth. Current price is $0.3725 with $52.95M market cap. Historical high was $10.31 in January 2022.

API3 price prediction is challenging, but based on recent performance (+1.30% in 24h), market trends, and growing Web3 adoption, API3 could potentially rise in 2026-2027 if market conditions remain favorable and oracle solutions gain more traction.

The current price of API3 (API3) is $0.3725. As the #471 cryptocurrency by market cap, API3 has seen a +1.30% change in the last 24 hours with a trading volume of $40.45K.

The highest price API3 has ever reached was $10.31 on April 10, 2021. This all-time high represents a significant milestone in API3's price history, showing over 1,250% increase from its current price of $0.3725.

The lowest price API3 has ever reached was $0.27 on December 22, 2020, shortly after its launch. Since then, API3 has experienced significant price fluctuations, with its current price at $0.3725.

Currently, 1 API3 is worth $0.3725.

API3 is valuable because it provides decentralized API connectivity for Web3 applications, solving the 'oracle problem' through first-party oracles. With a current price of $0.3725 and $52.95M market cap, it offers governance rights in the API3 DAO and staking rewards, making it essential infrastructure for DeFi and blockchain applications.

API3 has a circulating supply of 86,421,978 tokens out of a total supply of 148,729,142.77. There is no defined maximum supply limit for API3, making it an inflationary cryptocurrency with ongoing token distribution.

No, API3 mining is not profitable as it's not a mineable cryptocurrency. API3 is an Ethereum-based token that uses a proof-of-stake consensus mechanism. Instead of mining, users can stake API3 tokens to participate in the network and earn rewards.

API3 was launched on September 15, 2020. It's been operating on the Ethereum platform since then, providing decentralized API services for Web3 applications.

Currently, one API3 costs $0.3725.

You can buy API3 through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy API3 at $0.3725. Crypto ATMs also offer direct purchases.

To purchase API3, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to API3 trading pair, enter purchase amount, and confirm your transaction. Store your API3 in a secure wallet for safekeeping.

Yes, API3 is a legitimate cryptocurrency that has been operating since 2020 on the Ethereum platform. Currently ranked 471 with a price of $0.3725, it has established partnerships with reputable blockchain projects and is backed by notable venture capital firms including Pantera Capital and DCG. The project focuses on providing decentralized API services for Web3 applications.

API3 is a decentralized oracle cryptocurrency launched in 2020 on the Ethereum platform. Currently ranked 471 with a price of $0.3725, it's designed to provide API connectivity for Web3 applications. API3 powers a DAO-governed network that delivers real-world data to blockchain smart contracts.

Whether API3 is a buy or sell depends on your investment strategy. Currently priced at $0.3725 with a +1.30% increase in the last 24 hours, API3 shows recent momentum. With a market cap of $52.95M and ranking 471, it has potential in the Web3 oracle space but remains volatile.

API3 has potential to reach $5-10 by 2027 based on its oracle technology adoption and Web3 growth. Currently priced at $0.3725, it previously reached $10.3000 in 2021. Long-term projections suggest possible $15-20 range by 2031 with increased enterprise adoption.

Based on API3's current performance and market trends, analysts predict API3 could reach $2.50-$3.00 by 2027, representing a potential 3-4x growth from its $0.3725 value, driven by increased oracle adoption and Web3 expansion.