Loom Network (NEW)Price(LOOM)
Details Loom Network (NEW) (LOOM) Price information (USD)
The current real-time price of LOOM is $0.0{4}7671. In the past 24 hours, LOOM has traded between $0.0{4}6949 and $0.0{4}7724, showing strong market activity. The all-time high of LOOM is $0.4922, and the all-time low is $0.0{4}4234.
From a short-term perspective, the price change of LOOM over the past 1 hour is
Loom Network (NEW) (LOOM) Market Information
Loom Network (NEW) (LOOM) Today's Price
The live price of LOOM today is $0.0{4}7671, with a current market cap of $95,344.46. The 24-hour trading volume is 12.89. The price of LOOM to USD is updated in real time.
Loom Network (NEW) (LOOM) Price History (USD)
What is LOOM NETWORK (NEW) (LOOM)?
When is the right time to buy LOOM? Should I buy or sell LOOM now?
Before deciding whether to buy or sell LOOM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s LOOM technical analysis can provide you with trading references.
Future price trend of LOOM
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for LOOM.
How much will LOOM be worth tomorrow, next week, or next month in ? What about your LOOM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! LOOM Price Prediction
How to buy LOOM NETWORK (NEW) (LOOM)
Convert LOOM to local currency
LOOM Resources
To learn more about LOOM, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x91dc...20dc92  | 299.739M | 23.06% |
ethereum | 0xce7b...bde6b5 | 159.189M | 12.25% |
ethereum | 0x0529...c553b7 | 124.596M | 9.58% |
ethereum | 0x3c02...5fe7c6 | 122.260M | 9.4% |
ethereum | 0x760f...0074f0 | 57.079M | 4.39% |
Other | 537.128M | 41.32% |
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LOOM NETWORK (NEW) (LOOM) FAQ
Why is the token referred to as Loom Network (NEW) and what is the official contract address?
The (NEW) designation distinguishes the current active token from the legacy contract following a major migration. This update was finalized to support advanced features like zkRollups (zkLoom) and enhanced scalability. The official Ethereum smart contract address for the new token is 0x42476f744292107e34519f9c357927074ea3f75d. Most major exchanges have already transitioned to this updated version to support the network's strategic pivot toward becoming a production-grade, multichain platform.
What is zkLoom and how does it improve the Loom Network ecosystem?
zkLoom is Loom Network’s advanced scaling solution that utilizes zero-knowledge rollups (zk-rollups). This technology batches transactions off-chain before submitting them to the Ethereum mainnet, which significantly reduces transaction costs and increases processing speeds. This technical evolution was a core part of the project's April 2025 strategic update, allowing the network to provide high-performance infrastructure for decentralized applications across multiple chains including Ethereum, Bitcoin, and BNB Chain.
How do users stake LOOM tokens and what are the requirements for participation?
Staking is conducted through the official Loom Basechain Dashboard. Users can delegate their tokens to one of the 21+ validators to secure the network. The minimum requirement to participate in staking is 1 LOOM token, as the system does not support fractional amounts. Rewards are distributed in LOOM and are funded by block rewards and network fees. Yields are influenced by the selected lock-up period, with longer commitments offering higher reward multipliers.
What are the primary utilities of the LOOM token within its multichain environment?
The LOOM token serves three essential functions. First, it is used for network security, as validators and delegators stake it to protect the Basechain. Second, it acts as a payment method for developers, who pay a flat fee in LOOM to host dApps and cover bandwidth. Third, it functions as a governance token, granting stakers the power to vote on network updates and emission rates. The total supply is fixed at 1.3 billion tokens.
Does Loom Network offer a gasless experience for decentralized application users?
Yes, one of the unique features of the Loom Network is that developers pay the hosting fees instead of the users. By paying a monthly subscription in LOOM tokens, developers allow their users to enjoy a gasless experience. This makes interacting with blockchain-based applications as seamless as using traditional web apps, as users do not need to hold LOOM or pay transaction fees themselves.
Where can I trade Loom Network (NEW) and what happens to legacy tokens?
Loom Network (NEW) is available for trading on LBank and other leading global cryptocurrency exchanges. If you hold tokens from the old contract in a private wallet, you may need to perform a manual swap via the official Loom dashboard to migrate to the new version. For users holding tokens on LBank, the migration to the updated smart contract is typically handled automatically, ensuring a seamless transition to the current active ecosystem.
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