Price Chart

Chart by TradingView

24h Volume$7.81M
7d Avg Daily$6.87M
30d Avg Daily$6.37M
365d Total$5.88B
Volume
$6.2Mavg/day
avg $6.2MMay 8May 15May 22May 29Jun 5

What is Flow?

Flow is a layer-1 blockchain developed by Dapper Labs — the team behind CryptoKitties and NBA Top Shot — and designed specifically for consumer-scale NFT applications and games. Rather than sharding the state or relying on layer-2 rollups, Flow introduces a multi-role architecture that splits validation work into four specialized node types (Collection, Consensus, Execution, Verification), allowing each node to specialize without holding the full transaction load. The Cadence smart contract language, developed by Dapper Labs exclusively for Flow, uses a resource-oriented programming model intended to make NFT ownership semantics safer and more explicit than Solidity's approach.

Flow's architecture was a direct response to the lessons learned from CryptoKitties congesting Ethereum in late 2017. By separating transaction ordering (Consensus nodes), execution (Execution nodes), result verification (Verification nodes), and data availability (Collection nodes) into distinct roles, Flow avoids the bottleneck of every validator processing every transaction — achieving higher throughput without the security fragmentation of sharding or the trust assumptions of rollups. NBA Top Shot, which processed billions of dollars in officially licensed NBA highlight NFT sales, demonstrated that Flow can handle consumer-scale demand with account abstraction features that hide wallet complexity from mainstream users.

Flow's persistent challenge is ecosystemconcentration and developer adoption outside Dapper Labs' own properties. NBA Top Shot remains by far the most significant application on Flow, and Dapper Labs' own financial difficulties — the company underwent significant layoffs in 2022 and 2023 and restructured after losses on Dapper's own balance sheet — cast uncertainty over the foundation's continued development investment. Cadence, while technically innovative, requires learning a non-EVM language with a small existing developer base compared to Solidity. A migration path to EVM compatibility (Flow EVM) was introduced to lower the barrier for Ethereum developers, though this somewhat dilutes Cadence's distinctiveness as a differentiator.

Reviewed by the 2Bitcoins Editorial Team · Updated . Not financial advice.

Flow FAQ

What is Cadence and why does Flow use it instead of Solidity?+

Cadence is a resource-oriented smart contract language designed by Dapper Labs for Flow. Its key innovation is treating digital assets (like NFTs) as first-class resource types that can only exist in one location at a time and cannot be accidentally duplicated or destroyed — enforced at the language level rather than by convention. Solidity tracks NFT ownership via mappings in contract storage, which requires careful auditing; Cadence's type system makes mishandling ownership a compile-time error.

How does Flow achieve throughput without sharding?+

Flow splits node responsibilities into four specialized roles rather than having every node perform all tasks. Collection nodes group transactions into batches; Consensus nodes order those batches into blocks; Execution nodes compute state transitions; Verification nodes check the execution results. Only Execution nodes need high compute resources, and only Verification nodes need to check results, allowing the network to scale throughput without requiring every node to re-execute every transaction.

What is NBA Top Shot and why was it significant for Flow?+

NBA Top Shot is an officially licensed NFT platform developed by Dapper Labs on Flow, selling short video highlights ('Moments') of NBA plays as collectible NFTs. Launched publicly in late 2020, it generated over $700 million in cumulative sales by mid-2021, making it the first blockchain application to demonstrate mass-market consumer NFT adoption with mainstream brand licensing. Its success was Flow's primary proof of concept for consumer-scale blockchain gaming and collectibles.

Flow key numbers

Price (USD)$0.025659
Market cap$42.74M
24h low / high$0.024558 → $0.026826
24h change 1.46%
7d change 19.53%
Circulating supply1.67B FLOW

Where to buy Flow

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Flow Markets

#ExchangePairPriceVolume (24h)Trust
1Binance logoBinanceFLOW/USDT$0.025665$798.35K
2MEXC logoMEXCFLOW/USDT$0.025656$81.97K
3Bitunix logoBitunixFLOW/USDT$0.025666$87.42K
4OKX logoOKXFLOW/USDT$0.025670$81.26K
5Coinbase Exchange logoCoinbase ExchangeFLOW/USD$0.025680$79.19K
6Bybit logoBybitFLOW/USDT$0.025745$93.29K
7LBank logoLBankFLOW/USDT$0.025615$187.35K
8WhiteBIT logoWhiteBITFLOW/USDT$0.025652$412.72K
9Aivora Exchange logoAivora ExchangeFLOW/USDT$0.025615$3.42M
10XT.COM logoXT.COMFLOW/USDT$0.025666$78.67K
11Gate logoGateFLOW/USDT$0.025716$9.76K
12Kraken logoKrakenFLOW/USD$0.025700$45.84K
13XBO.com logoXBO.comFLOW/USDT$0.025664$58.35K
14Biconomy.com logoBiconomy.comFLOW/USDC$0.025690$1.21M
15Increment Swap logoIncrement SwapA.1654653399040A61.FLOWTOKEN/A.D6F80565193AD727.STFLOWTOKEN$0.025676$18.68K
16BTCC logoBTCCFLOW/USDT$0.025735$402.39K
17KuCoin logoKuCoinFLOW/USDT$0.025686$29.70K
18Bitrue logoBitrueFLOW/USDT$0.025628$18.38K
19BtcTurk | Kripto logoBtcTurk | KriptoFLOW/TRY$0.025579$68.76K
20Deepcoin logoDeepcoinFLOW/USDT$0.025617$11.66K