Here’s the latest market snapshot for API3 (versus USD):
Stock market information for Api3 (API3)
Api3 is a crypto in the CRYPTO market.
The price is 1.53 USD currently with a change of 0.69 USD (0.83%) from the previous close.
The intraday high is 1.82 USD and the intraday low is 0.81112 USD.
Market Overview & Price Action
Current Price: API3 is trading at around $1.53, showing a modest intraday gain (~0.83%) with a range between $0.81 and $1.82—indicating high intraday volatility.
Recent History: As of mid-April 2025, Binance recorded API3 at $0.8674, reflecting a ~19.9% 24-hour increase, with a market cap of approximately $75 million. (Binance)
Earlier in April, API3 was priced around $0.7678, marking a 6.5% daily decrease and a 7% weekly gain. (Binance)
Insight: The current price (~$1.53) suggests a strong upward movement since April—nearly doubling—indicating renewed bullish sentiment or possibly speculative trading activity. The wide intraday range further underscores elevated volatility, common in lower-cap altcoins.
What Is API3 & What Makes It Unique?
API3 is a first-party oracle project aiming to solve the “blockchain oracle problem” by enabling API providers themselves to host nodes (via Airnode). This eliminates middleman layers, enhances transparency, and potentially reduces costs. (Coin98, Binance)
Token Utilities:
Pays for data access via dAPIs.
Enables governance participation via staking.
Supports insurance mechanisms for data reliability.
Governance & Staking: API3's DAO model gives token holders direct on‑chain governance rights, and stakers earn rewards like dAPI revenue.
Community Perspective: Community sentiment reflects bullish expectations—one user remarked:
“API3 is the leading first‑party oracle solution… eliminates the middleman tax.
Another noted:
“It’s hard to see how first‑party Oracles like API3 don’t change the game.
Performance Drivers & Risks
Renewed investor interest or speculation
Likely fueled the price surge from ~$0.80 to ~$1.53.