Band protocol (BAND) is a cross-chain data predictor platform that aggregates and combines real-world data and APIs to smart contracts. The band allows blockchains to access available data via API. BAND is the native token of the Band Protocol ecosystem. The protocol’s token runs on Ethereum (ERC-20). It is used as collateral by validators and as the primary medium of exchange on BandChain — to pay for private data. It transitioned to the Cosmos network in June 2020 with Band Protocol 2.0. It uses a trusted proof-of-stake consensus tool to confirm the decentralized oracle network. Band Protocol creates a range of new use cases for developers of Dapps.
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Band Protocol (BAND) price history shows the highest value of 21.11 USD . We recorded this price on April 17, 2021, but we cannot exclude that a higher price was registered before August 11, 2020.