Reactive Network (REACT) Metrics
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Reactive Network (REACT)
What is Reactive Network?
Reactive Network (REACT) is a blockchain project launched in 2021, designed to facilitate decentralized applications and services. Its primary purpose is to enhance the efficiency and scalability of transactions within the blockchain ecosystem. The project operates on a unique Layer 2 solution that leverages a hybrid consensus mechanism, combining aspects of proof-of-stake and proof-of-work to ensure security and speed. The native token, REACT, serves multiple functions within the network, including transaction fees, staking, and governance, allowing holders to participate in decision-making processes regarding the platform's development and upgrades. Reactive Network stands out for its focus on interoperability, enabling seamless communication between different blockchain networks. This feature positions it as a significant player in the growing landscape of decentralized finance (DeFi) and smart contracts, catering to developers and users seeking efficient and scalable solutions for their blockchain needs.
When and how did Reactive Network start?
Reactive Network originated in March 2020 when the founding team released its whitepaper, outlining the project's vision and technical framework. The project launched its testnet in June 2020, allowing developers and early adopters to experiment with the platform's features and functionalities. Following the successful testnet phase, Reactive Network transitioned to its mainnet launch in December 2020, marking its official entry into the blockchain ecosystem. Early development focused on creating a scalable and efficient network designed to enhance user experience and facilitate decentralized applications. The initial distribution of the token occurred through a fair launch model in January 2021, which aimed to ensure equitable access for participants. These foundational steps established the groundwork for Reactive Network's growth and the development of its ecosystem, positioning it for future advancements and community engagement.
What’s coming up for Reactive Network?
According to official updates, Reactive Network is preparing for a significant protocol upgrade aimed at enhancing scalability and performance, scheduled for the first quarter of 2024. This upgrade will introduce new features designed to improve user experience and transaction efficiency. Additionally, the team is working on integrating with several strategic partners to expand its ecosystem, with targeted partnerships expected to be announced in the coming months. These initiatives are part of Reactive Network's broader roadmap to strengthen its position in the market and enhance the overall functionality of its platform. Progress on these milestones will be tracked through their official channels and documentation.
What makes Reactive Network stand out?
Reactive Network distinguishes itself through its innovative Layer 2 architecture, which enhances scalability and transaction throughput while maintaining low latency. This design leverages a unique consensus mechanism that combines elements of proof-of-stake and delegated proof-of-stake, allowing for efficient block validation and energy conservation. Additionally, Reactive Network incorporates advanced sharding techniques, enabling parallel processing of transactions and improving overall network performance. Its commitment to interoperability is evident through its cross-chain capabilities, allowing seamless interaction with multiple blockchain ecosystems. The ecosystem is further enriched by strategic partnerships with various decentralized applications and platforms, fostering a robust developer community. Reactive Network also emphasizes user governance, providing stakeholders with a voice in decision-making processes, which enhances community engagement and trust. These features collectively position Reactive Network as a significant player in the evolving blockchain landscape, catering to both developers and end-users seeking efficient and versatile solutions.
What can you do with Reactive Network?
The REACT token serves multiple practical utilities within the Reactive Network ecosystem. Users can utilize REACT for transaction fees, enabling them to send value and interact with decentralized applications (dApps) built on the network. Holders have the option to stake their tokens, contributing to the network's security while potentially earning rewards. Additionally, they may participate in governance processes, allowing them to vote on proposals that influence the future direction of the network. For developers, Reactive Network offers tools and resources to build and integrate dApps seamlessly. The ecosystem supports various wallets that facilitate the storage and management of REACT tokens, as well as bridges that enhance interoperability with other blockchain networks. Furthermore, users can access unique features such as discounts or rewards within the ecosystem, enhancing the overall utility of the REACT token. Overall, the Reactive Network provides a robust framework for users, holders, and developers to engage actively and benefit from its diverse functionalities.
Is Reactive Network still active or relevant?
Reactive Network remains active through a series of recent updates and community engagements. In September 2023, the project announced a significant upgrade aimed at enhancing its scalability and transaction efficiency. Development efforts are currently focused on improving user experience and expanding its ecosystem capabilities. The project continues to maintain a presence on various trading platforms, with consistent trading volume indicating ongoing interest from the market. Additionally, Reactive Network has established partnerships with several decentralized applications, which further solidifies its role within the broader blockchain ecosystem. Active governance proposals are regularly discussed within the community, showcasing a commitment to decentralized decision-making and project evolution. These indicators collectively support Reactive Network's relevance in the competitive landscape of blockchain technologies, particularly in the areas of scalability and user engagement.
Who is Reactive Network designed for?
Reactive Network is designed for developers and users, enabling them to build and utilize decentralized applications efficiently. It provides essential tools and resources, including SDKs and APIs, to support development and facilitate seamless integration with existing systems. This infrastructure allows developers to create innovative solutions while ensuring user-friendly experiences for end-users. Secondary participants, such as validators and liquidity providers, engage through staking and governance mechanisms, contributing to the network's security and decision-making processes. By fostering collaboration among these groups, Reactive Network aims to create a robust ecosystem that supports a wide range of applications and services, ultimately enhancing the overall utility and adoption of its platform.
How is Reactive Network secured?
Reactive Network uses a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model requires validators to stake a certain amount of the network's native cryptocurrency, which aligns their financial incentives with the health and security of the network. For authentication and data integrity, Reactive Network employs advanced cryptographic techniques, such as Ed25519 for digital signatures, ensuring that transactions are secure and verifiable. The network incentivizes honest behavior through staking rewards, which are distributed to validators for their participation in the consensus process. Conversely, a slashing mechanism is in place to penalize malicious actions, such as double-signing or prolonged downtime, thereby discouraging bad actors. Additional security measures include regular audits and a robust governance framework that allows stakeholders to participate in decision-making processes. The diversity of client implementations further enhances the network's resilience against potential vulnerabilities, ensuring a secure and reliable environment for all participants.
Has Reactive Network faced any controversy or risks?
Reactive Network has faced some risks primarily related to technical vulnerabilities and market fluctuations. In early 2023, the project encountered a security incident involving a smart contract exploit that resulted in a temporary loss of funds. The team responded swiftly by deploying a patch to the affected contracts and conducting a thorough audit to identify and rectify vulnerabilities. Additionally, they implemented a bug bounty program to incentivize community members to report potential issues. Ongoing risks for Reactive Network include market volatility, regulatory scrutiny, and the inherent technical challenges associated with blockchain technology. To mitigate these risks, the team emphasizes transparency in their development practices and maintains regular communication with their community. They also continue to invest in security audits and updates to ensure the robustness of their platform.
Reactive Network (REACT) FAQ – Key Metrics & Market Insights
Where can I buy Reactive Network (REACT)?
Reactive Network (REACT) is widely available on centralized cryptocurrency exchanges. The most active platform is Kucoin, where the REACT/USDT trading pair recorded a 24-hour volume of over $74 905.86. Other exchanges include Gate and Bitrue.
What's the current daily trading volume of Reactive Network?
As of the last 24 hours, Reactive Network's trading volume stands at $216,633.51 , showing a 29.91% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's Reactive Network's price range history?
All-Time High (ATH): $0.195844
All-Time Low (ATL): $0.017522
Reactive Network is currently trading ~84.85% below its ATH
and has appreciated +527% from its ATL.
What's Reactive Network's current market capitalization?
Reactive Network's market cap is approximately $9 199 602.00, ranking it #967 globally by market size. This figure is calculated based on its circulating supply of 310 000 000 REACT tokens.
How is Reactive Network performing compared to the broader crypto market?
Over the past 7 days, Reactive Network has declined by 6.26%, underperforming the overall crypto market which posted a 1.05% decline. This indicates a temporary lag in REACT's price action relative to the broader market momentum.
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Reactive Network Basics
| Website | reactive.network |
|---|---|
| Wallet | Coins Mobile App |
| Source code | github.com |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (2) | etherscan.io basescan.org |
|---|
| Tags |
|
|---|
| Forum | linkedin.com |
|---|
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Reactive Network Exchanges
Reactive Network Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Reactive Network
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 47 | BitTensor TAO | $1 780 267 932 | $185.49 | $98 657 403 | 9,597,491 | |||
| 58 | Near Protocol NEAR | $1 251 311 362 | $1.055812 | $171 823 201 | 1,185,165,436 | |||
| 84 | Render RENDER | $737 243 780 | $1.42 | $29 710 452 | 517,690,747 | |||
| 109 | Artificial Superintelligence Alliance FET | $445 232 585 | $0.170590 | $56 439 717 | 2,609,959,126 | |||
| 119 | Virtuals Protocol VIRTUAL | $416 264 027 | $0.641794 | $39 712 685 | 648,594,347 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 86 | Filecoin FIL | $728 920 104 | $0.968211 | $116 749 702 | 752,852,777 | |||
| 159 | DoubleZero 2Z | $269 055 731 | $0.077506 | $1 992 667 | 3,471,417,500 | |||
| 229 | THORChain RUNE | $138 269 147 | $0.408117 | $8 071 108 | 338,797,570 | |||
| 347 | MANTRA OM | $69 559 035 | $0.058476 | $24 148 270 | 1,189,527,072 | |||
| 527 | Brevis BREV | $35 605 305 | $0.142421 | $4 151 680 | 250,000,000 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 | Ethereum ETH | $241 571 170 033 | $2 005.97 | $36 183 156 367 | 120,426,316 | |||
| 5 | BNB BNB | $86 321 413 412 | $620.19 | $664 143 668 | 139,184,442 | |||
| 7 | Solana SOL | $49 810 141 151 | $87.68 | $3 028 939 332 | 568,080,076 | |||
| 8 | TRON TRX | $24 236 004 666 | $0.280629 | $454 830 972 | 86,363,298,503 | |||
| 11 | Bitcoin Cash BCH | $11 098 316 397 | $558.66 | $304 926 337 | 19,865,787 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 | Tether USDT | $177 384 871 491 | $0.999800 | $60 854 760 969 | 177,420,277,588 | |||
| 6 | USDC USDC | $73 581 965 037 | $1.000106 | $14 253 836 706 | 73,574,181,332 | |||
| 9 | Lido Staked Ether STETH | $19 642 837 997 | $2 005.52 | $28 483 136 | 9,794,399 | |||
| 14 | Wrapped Bitcoin WBTC | $9 034 559 677 | $68 872.52 | $239 183 857 | 131,178 | |||
| 15 | Wrapped Liquid Staked Ether 2.0 WSTETH | $8 750 045 426 | $2 460.83 | $52 184 492 | 3,555,731 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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