BlackHole Protocol Price

BlackHole Protocol is a decentralized cryptocurrency and cross-chain burning platform built on the Ethereum network. Launched in 2021, it allows users to create burning pools to permanently destroy old tokens and generate new ones, aiming to revitalize blockchain projects. The BLACK token, which powers the BlackHole Protocol ecosystem, follows a deflationary model. It started with an initial supply expansion before transitioning to permanent contraction. As of 2025-06-22, BLACK is ranked #7020 with a price of $0.001958 and a 24-hour trading volume of $52.3K. The current market cap is $13.22K, with a circulating supply of 6.75M BLACK BLACK tokens out of a maximum supply of 100M BLACK. BlackHole Protocol has seen a -20.16% change in the last 24 hours, with a high of $0.002456 and a low of $0.001948.

BlackHole Protocol was created on April 27, 2021. It was launched as a cross-chain burning platform on the Ethereum network, aiming to provide a mechanism for permanently destroying old tokens and generating new ones. The BLACK token serves as the core of this 'black hole' ecosystem, initially expanding rapidly before entering a deflationary model. Since its creation, BlackHole Protocol has been working towards expanding to other blockchain networks like Polkadot, BSC, Heco, and Solana, with the ultimate goal of reaching the entire blockchain world.

The founders of BlackHole Protocol (BLACK) are not publicly disclosed. BlackHole Protocol was launched in April 2021 as a decentralized protocol on the Ethereum network. The project aims to be a permissionless cross-chain burning platform, allowing users to create burn pools to destroy old tokens and generate new ones. While the founding team remains anonymous, BlackHole Protocol has gained traction in the crypto community for its innovative approach to token economics and ecosystem revitalization.

BlackHole Protocol operates as a cross-chain burning platform on the Ethereum network. Users can create burning pools by combining BLACK tokens with old tokens, permanently destroying the old tokens and generating new ones. This process aims to revitalize projects with fresh ecosystem dynamics. BlackHole Protocol originated on Ethereum and is expanding to other blockchains like Polkadot, BSC, Heco, and SOL. As the core token of this 'black hole' system, BLACK initially undergoes chain expansion before entering a permanent deflationary model. The token supply continuously decreases as it fulfills its mission of ecosystem reconstruction. BlackHole Protocol has a maximum supply of 100M BLACK tokens, with 6.75M BLACK currently in circulation. The project was launched on April 27, 2021, and has since gained traction in the DeFi space.

BlackHole Protocol utilizes a unique technical architecture based on the Ethereum blockchain. It employs a cross-chain burning mechanism that allows users to create burn pools by combining BLACK tokens with old tokens. This process permanently destroys old tokens and generates new ones, injecting fresh vitality into projects. The BLACK token itself follows a deflationary model, starting with an initial expansion before entering a permanent contraction phase. The protocol aims to expand beyond Ethereum to other networks like Polkadot, BSC, Heco, and Solana, ultimately encompassing the entire blockchain ecosystem. This architecture enables BlackHole Protocol to serve as a versatile platform for token migration and ecosystem revitalization across multiple chains.

BlackHole Protocol has an ambitious roadmap for the future. Key milestones include: 2025: Expand cross-chain capabilities to major networks like Polkadot, BSC, and Solana. 2026: Launch new token burning mechanisms to increase scarcity. Target price: $0.002418. 2027: Introduce advanced DeFi products built on the BlackHole Protocol protocol. 2030: Achieve full interoperability across all major blockchain ecosystems. Projected price: $0.005146. 2035: Become a leading platform for token migrations and ecosystem revitalization across the entire crypto space. Long-term price target: $0.008983. The team is focused on continuous development, partnerships, and community growth to drive adoption. With its unique token burning model, BlackHole Protocol aims to create sustainable value and become an essential infrastructure for the future of decentralized finance.