Bitrock (BROCK) Explained: How the Ethereum Sidechain Token Works

Token Message Bitrock (BROCK) Explained: How the Ethereum Sidechain Token Works

Bitrock (BROCK) Explained: How the Ethereum Sidechain Token Works

6 Mar 2025

Bitrock (BROCK) Price Tracker

Bitrock (BROCK) Overview

Current Price

$0.0129

Market Cap

$1.35M

24h Volume

$180K

Circulating Supply

96.87M

Price Change (24h)

+3.2% (Last updated: Today 14:30 UTC)

Key Statistics

Max Supply

100M BROCK

Consensus Mechanism

IBFT 2.0 PoA

Smart Contract Address

0xde67d97b8770dc98c746a3fc0093c538666eb493

Main Trading Pairs

BROCK/USDT, BROCK/BTC, BROCK/ETH

Quick Actions

Enter amount and select currency to calculate value

Market Sentiment

Bullish 42%
Neutral 35%
Bearish 23%

Price History Chart

Ever stumbled on a crypto that promises near‑zero gas fees and wonder if it’s worth a glance? Bitrock (BROCK) is an Ethereum‑based sidechain token that tries to solve exactly that problem. Below you’ll get the basics, the tech behind it, how the market treats it today, and whether it fits into your crypto toolkit.

TL;DR

  • Bitrock is an ERC‑20 token on an Ethereum sidechain using IBFT 2.0 Proof‑of‑Authority.
  • Max supply: 100million BROCK; circulating ~96.9million.
  • Current price hovers between $0.0105-$0.0152, well below its $0.2813 all‑time high.
  • Major trading venues: BitMart, MEXC, and Uniswap V2.
  • Competes with other Layer‑2s like Polygon, Arbitrum, and Optimism - but has a much smaller market cap and lower community traction.

What is Bitrock?

Bitrock (BROCK) is a cryptocurrency token that lives on a dedicated Ethereum sidechain. Launched on 12July2023, the project positioned itself as a “near‑zero gas” solution for everyday blockchain users. It inherits the security model of the Ethereum mainnet while processing transactions on its own network, which dramatically cuts fees and speeds up confirmations.

Technical Architecture

The sidechain runs an IBFT 2.0 consensus, a variant of Proof‑of‑Authority (PoA). In a PoA model, a set of pre‑approved validators sign blocks, meaning the network can confirm transactions in seconds and keep fees close to zero. Because the chain is a Layer2 solution, it periodically anchors back to Ethereum, preserving the broader ecosystem’s security guarantees.

Being an ERC‑20 token, BROCK follows the familiar Ethereum token standard. That lets developers integrate it with existing wallets, DeFi protocols, and DApps without writing custom bridge code. The smart‑contract address is 0xde67d97b8770dc98c746a3fc0093c538666eb493, publicly viewable on any block explorer.

Token Economics

  • Maximum supply: 100million BROCK.
  • Current circulating supply: ~96.87million (as reported by CoinLore).
  • Decimals: 9, allowing precise micro‑transactions.

The tokenomics are deliberately simple - no vesting schedules, no burning mechanisms, just a fixed supply. This mirrors many other Layer‑2 tokens that aim for predictability rather than gimmicks.

Market Performance (October2025)

Market Performance (October2025)

Bitrock’s price has been on a roller‑coaster. The latest data shows a range between $0.01051 and $0.015292, depending on the exchange. Trading volume sits around $180k on average, with BitMart contributing the lion’s share (about 65% of daily turnover). Market capitalization fluctuates between $1.05million and $1.6million, placing BROCK near rank #1,450 among all cryptocurrencies.

The token suffered a steep 94% drop from its all‑time high of $0.2813. Year‑over‑year figures show -84.8% against USD, -90% against Bitcoin, and -77% against Ethereum. Short‑term sentiment is mixed: some feeds report 24‑hour gains of up to 11.9%, while others note a 5% dip.

Technical indicators paint a cautious picture. The 50‑day SMA sits at $0.0198, the 200‑day SMA at $0.0284 - both well above the current price. The 14‑day RSI is 41, hinting at a possible oversold condition but not yet a buying frenzy. Volatility is modest at 7%.

How to Buy and Trade Bitrock

If you decide to dip your toes in BROCK, you have three main avenues:

  1. BitMart - the biggest spot market for BROCK, offering pairs like BROCK/USDT. The average price here is about $0.0249, creating a modest arbitrage gap with other venues.
  2. MEXC - another centralized exchange with roughly $122k daily volume. Prices hover near $0.0253.
  3. Uniswap V2 - the decentralized gateway, where liquidity is thinner (<$10k volume) and price is about $0.0250.

For fiat‑on‑ramp options, platforms like Kriptomat let you buy BROCK via SEPA bank transfer, Visa, MasterCard, Apple Pay, Google Pay, or Skrill. The service also supplies a Web3‑compatible wallet, simplifying storage after purchase.

Bitrock vs. Other Layer‑2 Solutions

Key comparison of Bitrock and leading Layer‑2 projects
Feature Bitrock (BROCK) Polygon Arbitrum Optimism
Consensus IBFT 2.0 PoA Proof‑of‑Stake Optimistic Rollup Optimistic Rollup
Gas fee (avg.) ≈$0.00001 (near‑zero) ≈$0.001 ≈$0.002 ≈$0.002
Market cap (Oct2025) $1.3M $8.9B $3.2B $2.6B
Active developers ~5 core ~150 ~80 ~70
Primary use‑case Low‑cost micro‑transactions General‑purpose dApps DeFi scaling DeFi scaling

Bitrock’s niche is ultra‑cheap transfers for small‑value payments. However, the ecosystem is tiny compared with the multi‑billion‑dollar networks of Polygon, Arbitrum, and Optimism. That size gap translates into less liquidity, fewer dApps, and lower visibility on major data aggregators.

Risks, Challenges, and Future Outlook

The biggest red flag is the dramatic price decline since launch. With a market cap under $2million, BROCK is vulnerable to large swings driven by a handful of whales. Low trading volume on decentralized venues also means slippage can be costly for sizable orders.

From a technical standpoint, PoA offers speed but sacrifices decentralization - only a limited validator set can produce blocks. If community trust in those validators erodes, the sidechain could face a credibility crisis.

On the upside, the token’s 14‑day RSI of 41 hints it may be approaching oversold territory. Some analysts forecast a modest rebound to $0.0115 by the end of 2025, though price targets remain conservative.

Long‑term survival likely hinges on two factors:

  • Adoption by dApp developers who need cheap, high‑throughput layers for micro‑payments.
  • Strategic partnerships or integrations that bring fresh liquidity (e.g., bridging to popular DeFi protocols).

If either materializes, BROCK could carve out a sustainable niche. Until then, treat it as a high‑risk speculative asset.

Frequently Asked Questions

What blockchain does Bitrock run on?

Bitrock operates on an Ethereum sidechain that uses IBFT 2.0 Proof‑of‑Authority consensus, while the token itself follows the ERC‑20 standard.

How many BROCK tokens exist?

The maximum supply is 100million BROCK, with roughly 96.9million currently circulating.

Where can I buy Bitrock?

Major exchanges include BitMart, MEXC, and the decentralized Uniswap V2 pool. Fiat on‑ramps such as Kriptomat also support direct purchases.

Is Bitrock a good investment?

Bitrock is high‑risk. It offers ultra‑low fees but has a small market cap, limited liquidity, and a steep price decline. Consider it only if you’re comfortable with speculative assets.

How does Bitrock compare to Polygon?

Polygon has a vastly larger ecosystem, higher market cap, and a proof‑of‑stake model. Bitrock’s advantage is its near‑zero gas fees, but it lacks the developer adoption Polygon enjoys.

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