rootnetwork

#rootnetwork
Price: Approximately $0.0088 USD

24h Change: Up over 110% in the last 24 hours

7-Day Change: Up over **130%**

Market Cap: Around $19 million USD

Circulating Supply: ~2.28 billion ROOT tokens

All-Time High: $0.13 (March 2024)

All-Time Low: $0.0035 (May 2025)

This recent surge in price is attributed to increased trading activity and growing investor interest in the platform’s metaverse and gaming infrastructure.
The Root Network is a Layer 1 blockchain designed for the open metaverse. It emphasizes interoperability and user experience, featuring:

Dual-token system: Utilizes XRP as the gas token and ROOT for governance and staking.

EVM compatibility: Supports Ethereum-based smart contracts.

Cross-chain integration: Bridges with $XRP and Ethereum$ETH , with plans to connect to additional networks.

Developer-friendly tools: Offers custom runtimes for NFTs and fungible tokens.

Have you heard of the root network? It’s a new Layer 1 blockchain that aims to be the hub of the open metaverse, where anything can be connected to anything. Let me tell you why I’m excited about this project. 🧵The Root Network is purpose-built for the open metaverse with core, UX and digital content focused protocols that enable seamless user experience and enhanced asset interoperability across different applications, experiences .
The Root Network prioritizes user experience and safety with built-in account abstraction and features like its any token gas economy, which allows users to pay transaction fees with any token they own. This makes it easy and safe for new users to join the web3 . The Root Network is also EVM compatible, meaning that any code previously written for Ethereum can run natively on The Root Network. This provides the broadest possible support for smart contracts, DApps and existing Ethereum-based asset collections
The Root Network has a unique rewards economy that collects fees from a range of network activities and creates a pool of rewards for anyone participating in the network by validating and nominating. This incentivizes network security and growth The Root Network has an impressive team behind it. It is an open-source community project founded by Futureverse, a global media tech powerhouse with expertise in web3, AI and entertainment. Futureverse has also partnered with Ripple and FLUF World to bootstrap the applications on The Root Network
The Root Network is more than just a blockchain. It is a vision for the future of the open metaverse, where creators, companies and communities can conjure their own reality. 
#rootnetwork