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Rank #395
iExec RLC Price (RLC)
iExec RLC (RLC)
$0.787907 -1.0%
0.00002730 BTC -0.2%
0.00044689 ETH -0.0%
21,111 people like this
$0.757699
24H Range
$0.803523
Market Cap $56,702,088
24 Hour Trading Vol $3,195,800
Circulating Supply 71,632,547
Total Supply 86,999,784
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RLC
USD
USD

iExec RLC Price Chart (RLC)

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1h
24h
7d
14d
30d
1y
-1.9%
-1.0%
-12.6%
-3.2%
-55.8%
-85.4%

RLC Price Statistics

iExec RLC Price Today
iExec RLC Price $0.790538
Market Cap $56,702,088
Market Cap Dominance 0.00%
Trading Volume $3,202,512
Volume / Market Cap 0.061
24h Low / 24h High $0.757699 / $0.803523
7d Low / 7d High $0.752900 / $0.975719
Market Cap Rank #395
All-Time High $15.51 -94.9%
May 10, 2021 (about 1 year)
All-Time Low $0.153815 414.6%
Dec 15, 2018 (over 3 years)

RLC Price Today

iExec RLC price today is $0.787907 with a 24-hour trading volume of $3,195,800. RLC price is down -1.0% in the last 24 hours. It has a circulating supply of 72 Million RLC coins and a total supply of 87 Million. If you are looking to buy or sell iExec RLC, Binance is currently the most active exchange.

What was the highest price for iExec RLC?

iExec RLC hit an all time high of $15.51 on May 10, 2021 (about 1 year).

What was the lowest price for iExec RLC?

iExec RLC had an all time low of $0.153815 on Dec 15, 2018 (over 3 years).

What was the 24 hour trading volume of iExec RLC?

The 24 hour trading volume of iExec RLC is $3,195,800.

Where can iExec RLC be traded?

You can trade iExec RLC on Binance, WhiteBIT, and Bitvavo. Popular trading pairs for iExec RLC in the market includes RLC/USD, RLC/CAD, RLC/EUR, RLC/PHP, RLC/INR, and RLC/IDR.

iExec is an open-source, decentralized cloud computing platform, running on Ethereum blockchain. iExec allows decentralized applications (dApps) an on-demand access to computing resources and technologies on iExec cloud. iExec has built a blockchain network where dApps can take advantage of cost effective and high-performance resources such as servers, databases, SaaS applications, web hosting and computer farms. iExec’s native cryptocurrency — The RLC token is the primary asset used to access services in iExec infrastructure. RLC is short for “Run on Lots of Computers.”

iExec is headquartered at Lyon, France. It was founded by Gilles Fedak and Haiwu He, both are serving as Chief Executive Officer and Head of Asian-Pacific Region of iExec, respectively. Oleg Lodygensky is the Chief Technical Officer. Gilles Fedak received his PhD from the University of Paris Sud in 2003, and has been working as INRIA (Inventeurs du Monde Numerique) research scientist at ENS in Lyon, France. Similarly, Haiwu completed his M.Sc. and PhD from the University of Sciences and Technologies of Lille, France. On April 19, 2017, iExec launched its token sale and raised more than $12 million in exchange for 86,999,784 RLC.

In order to support dApps, smart contracts, and their platforms, iExec takes processing-intensive computations off-chain so as to keep a blockchain’s on-chain functions running smoothly. To do this, iExec makes use of XtremWeb-HEP, an open-sourced Desktop Grid Software. Desktop Grid computing (also known as Volunteer Computing) pools unused computing resources to be used by applications and platforms, and according to iExec’s whitepaper, XtremWeb-HEP “implements all the needed features” to make this possible on a global scale, including “fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and many more.” Essentially, with this software, dApps can utilize any computing resource in the iExec framework to run their programs.

In their whitepaper, the iExec team lays out the project’s competitive landscape and explains these competitors in relation to iExec. They’re quick to note that decentralized cloud storage providers like Filecoin, Storj, and Siacoin are not direct competitors, and it’s easy to see why. While iExec could theoretically take a step in this direction as it matures, it’s not a storage platform; it’s a computing platform. This does put it in competition with other decentralized computing protocols like Golem and SONM. Both of these, however, are taking aim at a different animal. Essentially, they’re both building a decentralized supercomputer on blockchain technology, while iExec is targeting dApp development and sustainability. Both look towards a future of a blockchain-powered, decentralized internet, but their functions, while sometimes similar, are more complementary than conflicting.

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