pNetwork
Monthly Returns heatmap
Heatmap summary
pNetwork posted 19 positive months out of 47. The longest positive streak lasted 3 months, while the longest negative streak lasted 5 months.
- Strongest month
- Jan 2021 +184.4%
- Weakest month
- Mar 2024 -73.6%
- Longest positive streak
- 3 Jan 2021 — Mar 2021
- Longest negative streak
- 5 Aug 2020 — Dec 2020
- Luckiest calendar month
- Jul • avg 40.4% • 4 mo.
- Unluckiest calendar month
- May • avg -36.4% • 3 mo.
Networks
About the coin
pNetwork (PNT) is a decentralized protocol designed to facilitate the transfer of assets across different blockchain networks. It operates as a bridge, enabling interoperability between various distributed ledger technologies.
The core functionality of pNetwork revolves around its ability to connect disparate blockchains, allowing users to move digital assets from one chain to another seamlessly. This cross-chain functionality is crucial for the evolving landscape of decentralized finance (DeFi) and the broader Web3 ecosystem, where assets and applications are often siloed on individual networks.
pNetwork utilizes a system of validators and a robust consensus mechanism to ensure the security and integrity of cross-chain transactions. These validators are responsible for processing and confirming asset transfers between supported blockchains.
The protocol aims to create a more unified blockchain environment, reducing the fragmentation that can arise from the proliferation of different blockchain networks. By enabling interoperability, pNetwork seeks to unlock new possibilities for developers and users alike.
The native token of the pNetwork ecosystem is PNT. This token plays a vital role in the governance and operation of the protocol.
PNT tokens can be used for staking, which helps secure the network and rewards participants. Staking is a common mechanism in Proof-of-Stake (PoS) and related consensus models, where token holders lock up their assets to support network operations.
Furthermore, PNT tokens are instrumental in the governance of the pNetwork protocol. Token holders have the ability to propose and vote on changes and upgrades to the network, giving them a direct say in its future development.
The distribution and utility of PNT tokens are designed to incentivize participation and alignment with the long-term goals of the pNetwork ecosystem.
pNetwork supports connectivity across multiple blockchain networks. Currently, it has a presence on:
- BNB Smart Chain as a BEP-20 token.
- Ethereum as an ERC-20 token.
The PNT token on BNB Smart Chain has the contract address: 0xdaacb0ab6fb34d24e8a67bfa14bf4d95d4c7af92.
The PNT token on Ethereum has the contract address: 0x89ab32156e46f46d02ade3fecbe5fc4243b9aaed.
The protocol's architecture is built to be extensible, with the potential to integrate with additional blockchain networks in the future, further expanding its reach and utility.
By providing a reliable and secure bridge between blockchains, pNetwork contributes to the overall growth and adoption of decentralized technologies.
The project's focus on interoperability addresses a key challenge in the blockchain space, aiming to make digital assets more fluid and accessible across the entire decentralized landscape.
The active status of pNetwork indicates its ongoing development and operation within the cryptocurrency market.
The PNT token, being an integral part of this active protocol, serves as a key component for its decentralized governance and operational security.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are maintained from the current Gygaz market dataset for this asset.
About Gygaz: Gygaz is a crypto transfer intelligence project focused on exchanges, assets and networks. We structure routing, support and market context so users can compare how crypto moves between platforms.