UnionPrice(U)
Details Union (U) Price information (USD)
The current real-time price of U is $0.0007. In the past 24 hours, U has traded between $0.0007 and $0.0008, showing strong market activity. The all-time high of U is $0.0276, and the all-time low is $0.0006.
From a short-term perspective, the price change of U over the past 1 hour is
Union (U) Market Information
Union (U) Today's Price
The live price of U today is $0.0007, with a current market cap of $1.508M. The 24-hour trading volume is 1M. The price of U to USD is updated in real time.
Union (U) Price History (USD)
What is UNION (U)?
When is the right time to buy U? Should I buy or sell U now?
Before deciding whether to buy or sell U, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s U technical analysis can provide you with trading references.
Future price trend of U
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for U.
How much will U be worth tomorrow, next week, or next month in ? What about your U assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! U Price Prediction
How to buy UNION (U)
Convert U to local currency
U Resources
To learn more about U, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xd31e...92c638  | 6.639B | 76.13% |
ethereum | 0x5fbe...1aeb03 | 963.894M | 11.05% |
ethereum | 0xab78...3ee1bc | 234.957M | 2.69% |
ethereum | 0xf89d...5eaa40 | 141.340M | 1.62% |
ethereum | 0x0d07...b492fe | 103.098M | 1.18% |
Other | 637.998M | 7.32% |
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UNION (U) FAQ
What distinguishes Union's technology from other cross-chain bridging solutions?
Union utilizes zk-IBC (Zero-Knowledge Inter-Blockchain Communication) to facilitate interoperability. Unlike traditional bridges that rely on centralized multisigs or external oracles—which require trusting human intermediaries—Union uses mathematical proofs to verify transactions. This architecture ensures a trustless environment where security is guaranteed by cryptography. Additionally, the network's security is bolstered by the Groth16 trusted setup, which involved over 5,800 participants to ensure robust zk-proof generation.
What are the primary use cases and utility of the $U token within the network?
The $U token serves three core functions: gas, staking, and governance. It is used as gas to pay for every cross-chain proof and message processed by the network. As a Proof-of-Stake (PoS) blockchain, $U is also used for staking to secure the infrastructure. Finally, token holders can participate in governance, voting on protocol upgrades and decisions directly from Union or even from connected chains like Ethereum.
How is the $U token supply structured and what is the protocol's inflation model?
The total genesis supply for $U is 10 billion tokens, with an initial circulating supply of approximately 1.9 billion at launch. To maintain network security and incentivize participants, Union employs an annual inflation model. The rate starts at 6% and decreases by 10% each year. This reduction continues until the inflation reaches a terminal rate of 2%, balancing early participant rewards with long-term token sustainability.
What should users know about the staking process and the associated unbonding period?
Staking $U tokens allows users to help secure the network while earning rewards derived from network emissions and transaction fees. However, users should be aware of the unbonding period, which typically lasts 21 days. During this time, tokens are locked and cannot be moved or traded. This period is a standard security feature in many PoS networks to ensure validator stability and prevent malicious activity.
How does Union integrate with Bitcoin through the Bitcoin Supercharged Network (BSN)?
Through a partnership with Babylon, Union is a key component of the Bitcoin Supercharged Network (BSN). This integration enables Bitcoin restaking, allowing BTC holders to use their assets to secure the Union network. This setup provides a way for users to earn rewards using their Bitcoin holdings while simultaneously strengthening the interoperability bridge between the Bitcoin ecosystem and other Layer 1 networks.
Where can I trade $U and how can I view the tokens in my digital wallet?
$U is listed on prominent cryptocurrency exchanges, including LBank. It is also available as an ERC-20 token on decentralized platforms like PancakeSwap. To view $U in a wallet like MetaMask, users must either configure the wallet with the correct Layer 1 RPC settings for the native network or import the specific ERC-20 contract address to see their holdings on the Ethereum network.
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