Nervos Price

Nervos (CKB) is the native cryptocurrency of the Nervos Network, currently ranked #295 with a price of $0.003475. It has seen a +7.12% change in the last 24 hours, with trading volume reaching $872.92K. CKB serves dual purposes: as a means to pay transaction fees and as a state storage token where 1 CKB equals 1 byte of data storage on the Nervos blockchain. The token has a circulating supply of 46.72B CKB out of a total supply of 44.68B CKB. CKB launched in 2019 with an initial supply of 33.6 billion tokens. It follows a unique issuance model with base issuance that halves every four years and a fixed secondary issuance of 1.344 billion tokens annually. Miners earn rewards from both issuance sources. The token supports various blockchain functionalities including smart contracts, interoperability, NFTs, and layer 2 scaling solutions, making it a versatile Web3 infrastructure token.

Nervos was created on November 19, 2019. It was launched as the native cryptocurrency of the Nervos Network, a public blockchain ecosystem designed to provide a universal foundation for decentralized applications. The project aims to solve the challenges faced by today's blockchains, including scalability, interoperability, and security. Since its creation, Nervos has established itself as a notable project in the Web3 space, currently ranked 295 with a market cap of $162.38M.

Nervos was founded by a team of blockchain experts who established the Nervos Network in 2018. The key founders include Jan Xie, Daniel Lv, Terry Tai, and Kevin Wang. These founders brought extensive experience from previous blockchain projects and aimed to create a layered blockchain architecture that addresses scalability and interoperability challenges. The Nervos Foundation, a non-profit organization based in Singapore, oversees the development of the Nervos ecosystem, while the founding team continues to lead technical development and strategic direction for the project as of 2025-06-24.

Nervos (CKB) is a cryptocurrency that powers the Nervos Network blockchain platform. It functions as both a store of value and utility token with two key purposes: 1. Transaction fees: Users pay CKB to process transactions on the network 2. State storage: Each CKB token represents 1 byte of data storage on the blockchain The CKB consensus mechanism uses Proof of Work (PoW), where miners validate transactions and secure the network. The tokenomics include: - A total supply of 44.68B CKB tokens - Current circulating supply of 46.72B CKB - Current market cap of $162.38M CKB has a unique dual issuance model: - Base issuance: Rewards miners and halves every four years - Secondary issuance: Fixed at 1.344 billion annually to ensure sustainable security This economic model balances security incentives with long-term value preservation, making CKB function as both a utility token and store of value in the Web3 ecosystem.

Nervos employs a unique layered architecture that focuses on states rather than computation. The core technical components include: 1. Cell Model: The foundational data structure that stores state, similar to Bitcoin's UTXO but more flexible and programmable. 2. Proof-of-Work (PoW) Consensus: Nervos uses the NC-MAX (Nervos-Blake2b) algorithm for security and decentralization. 3. Two-Layer Structure: - Layer 1 (CKB): The base blockchain providing security and state verification - Layer 2: Various scaling solutions including rollups for higher throughput 4. VM Architecture: Features a RISC-V based virtual machine that allows developers to use multiple programming languages. 5. Economic Model: Implements a state rent mechanism where users pay for the storage they occupy on the blockchain. This architecture enables Nervos to serve as a common knowledge base for the crypto-economy, supporting digital assets, identities, and cross-chain interoperability while maintaining security and scalability.

Nervos is focused on building a comprehensive blockchain ecosystem with several key developments on its roadmap. In 2025, the project is prioritizing Layer 2 scaling solutions, with significant progress on both zk-Rollups and optimistic rollups to enhance transaction throughput while maintaining security. The CKB team is also advancing interoperability protocols to connect with other blockchain networks. By 2026, Nervos plans to complete its modular blockchain architecture, improving scalability and developer experience. The roadmap includes quantum-resistant security features scheduled for implementation by 2027, positioning CKB as a future-proof platform. With backing from notable venture capital firms like Polychain Capital and DragonFly Capital, Nervos has secured funding for long-term development. The project's Web3 infrastructure focus and NFT/DAO capabilities are expected to drive adoption through 2030, potentially improving its current market position of 295.