
Fuel Network FUELPrice $ 0.00897
Rank: 570
FUEL Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
Fuel Network (FUEL) Chart
FUEL to USD Converter

IEO
17 Dec 2024 — 19 Dec 2024
Raised
$ 5.50M
Price:
$ 0.02
ROI:
0.45x -55.1%
Platform:
N/A
ATH ROI:
4.22x +322.1%










What is Fuel Network (FUEL)?
Fuel is an execution layer specifically designed for Ethereum rollups, providing a high-performance, parallelized environment for executing smart contracts. It features the Fuel Virtual Machine (FuelVM), which improves upon the Ethereum Virtual Machine (EVM) by allowing parallel transaction execution and supporting multiple native assets. This setup significantly increases computational throughput and state access efficiency compared to traditional single-threaded blockchains.
The FuelVM leverages a UTXO-based model, which helps in identifying and isolating transaction dependencies before execution. This parallel execution capability allows Fuel to utilize more CPU cores, enhancing overall performance and scalability. Fuel introduces a domain-specific language called Sway, inspired by Rust, to simplify and enhance the development experience for smart contracts on its platform. Sway prioritizes compile-time analysis and safety, making it a robust choice for high-performance blockchain applications. Moreover, Fuel supports a comprehensive suite of developer tools, including TypeScript and Rust SDKs, and a GraphQL API, to facilitate seamless integration and interaction with the Fuel network. These tools allow developers to build, test, and deploy smart contracts efficiently.
Fuel Network Price Today
Fuel Network's current price is $ 0.00897, it has dropped -3.14% over the past 24 hours.
Fuel Network's All Time High (ATH) of $ 0.0844 was reached on 28 Dec 2024, and is currently -89.4% down.
The current circulating supply of Fuel Network is 4.47 Billions tokens, and the maximum supply of Fuel Network is 10.08 Billions.
Fuel Network’s 24 hour trading volume is $ 1.93 Million.
Fuel Network's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 40.11 Million.
You can find more details about Fuel Network on its official website and on the block explorer.
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