ParallaxPrice(LAX)
Details Parallax (LAX) Price information (USD)
The current real-time price of LAX is $0.0180. In the past 24 hours, LAX has traded between $0.0145 and $0.0185, showing strong market activity. The all-time high of LAX is $0.1944, and the all-time low is $0.0075.
From a short-term perspective, the price change of LAX over the past 1 hour is
Parallax (LAX) Market Information
Parallax (LAX) Today's Price
The live price of LAX today is $0.0180, with a current market cap of $29,178.33. The 24-hour trading volume is 244.22. The price of LAX to USD is updated in real time.
Parallax (LAX) Price History (USD)
What is PARALLAX (LAX)?
When is the right time to buy LAX? Should I buy or sell LAX now?
Before deciding whether to buy or sell LAX, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s LAX technical analysis can provide you with trading references.
Future price trend of LAX
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for LAX.
How much will LAX be worth tomorrow, next week, or next month in ? What about your LAX assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! LAX Price Prediction
How to buy PARALLAX (LAX)
Convert LAX to local currency
LAX Resources
To learn more about LAX, consider exploring other resources such as the whitepaper, official website, and other published information:
Hot Events
PARALLAX (LAX) FAQ
What are the tokenomics and total supply details of the Parallax (LAX) project?
Parallax features a strictly capped maximum supply of 21 million tokens, mirroring the scarcity model of Bitcoin. The project utilized a fair launch approach from block zero, ensuring there was no premine, no venture capital allocation, and no reserved tokens for the development team. All tokens are distributed via mining rewards to ensure decentralized distribution. The block reward starts at 50 LAX and follows a periodic halving schedule to reduce inflation over time.
What are the technical specifications and mining algorithm used by Parallax?
Parallax is a clean-room fork of Go-Ethereum (geth) that has been re-engineered at the consensus level to use Proof-of-Work. It utilizes a custom, GPU-friendly algorithm called XHash, which is derived from Ethash. XHash is specifically designed to be ASIC-resistant to keep mining accessible to individual participants. To maintain network stability and security, the project has a target block time of 10 minutes.
How can users connect to the Parallax network and manage their LAX tokens?
Since Parallax is EVM-compatible, users can easily manage their tokens using popular non-custodial wallets by adding a custom network. The configuration requires the Network Name (Parallax), RPC URL, Chain ID (2110), and the Currency Symbol (LAX). Additionally, because it uses the same address format as Ethereum, users can secure their assets using hardware wallet integrations.
What are the requirements for mining LAX and participating in the network?
Mining is currently one of the primary ways to acquire LAX. The network supports GPU mining through popular software compatible with the XHash algorithm. Participants can join various mining pools to contribute their hashrate. For those looking to support the network further, running a full node typically requires at least 2 CPU cores, 4GB of RAM, and a 250GB+ SSD.
Does Parallax support smart contracts and the development of DApps?
Yes, Parallax is fully EVM-compatible. This allows developers to deploy Solidity-based smart contracts, decentralized applications (DApps), and NFTs exactly as they would on other major EVM chains. This compatibility ensures that the project can support a wide range of decentralized finance and utility tools while maintaining its core Proof-of-Work foundation.
What is the primary vision behind the Parallax project and where is it traded?
The Parallax vision is to provide a 'Neutral Base Layer' that combines the programmable flexibility of Ethereum with the immutable, fixed-supply monetary policy of Bitcoin. It aims to offer a platform free from the influence of early-stage corporate investors. LAX tokens can be traded on digital asset platforms like LBank, which provide access to emerging Proof-of-Work projects and mining-centric ecosystems.
