ELA ELA / USELESS Crypto

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Asset ELA / USELESS

Latest Price 14.410

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Volatility % 12.70%

Win Rate % 54.9%

CAGR % +719.59%

Best Day % +75.96%

Worst Day % -34.63%

Max Drawdown % -72.84%

Period High 21.04

Period Low 3.42

From High % -31.5%

From Low % +321.9%

Sharpe Ratio 0.11

Days >Avg % 48.1%

Total Volume 299,116,738

Volume: 2026-03-07

Aggregate Volume: 206 Days

Price Chart Percentage Gains

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Price Overlay ChartPercentage Gains

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Volume Chart Daily Volume

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What is ELA?

This cryptocurrency project centers on establishing a decentralized, secure, and scalable blockchain platform designed to foster a robust digital economy. Its core innovation lies in a unique hybrid consensus mechanism, combining aspects of Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS). This approach aims to achieve enhanced transaction speeds and throughput while maintaining a high degree of decentralization and security against attacks. The platform's primary objective is to address the scalability and usability challenges prevalent in existing blockchain networks, particularly for enterprise-grade applications and widespread consumer adoption. It seeks to provide a flexible framework that supports smart contracts and decentralized applications (dApps) with lower transaction fees and faster confirmation times. The technology emphasizes interoperability, aiming to connect various blockchain ecosystems and facilitate seamless asset transfers. This focus on practical implementation and efficiency positions it as a contender for powering real-world use cases in areas like supply chain management, digital identity, and decentralized finance.