Hop ProtocolHOP
Convert HOP to your currency
Last Updated on Oct 06, 2025 03:17 PM
What is Hop Protocol?
About the coin
Hop is a trustless bridge designed to connect the Ethereum ecosystem and other networks, aiming to enhance scalability and accessibility. Launched during the DeFi summer, it addresses high Ethereum gas prices that drove users to more centralized alternatives.
Main features
Hop Protocol is transitioning to a decentralized governance model through Hop DAO, allowing the community to take ownership and operate the protocol. This initiative is part of a broader effort to improve Ethereum's infrastructure and ensure it serves as a public good for its users.
How it works
Hop enables the quick and trustless transfer of tokens across rollups and their shared layer-1 network, providing a solution to the scalability challenges faced by Ethereum and enhancing the overall user experience.
Wallet for Hop Protocol
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Hop Protocol
- Ethereum
- Polygon Pos
- Arbitrum One
- Base
- Optimism
- Gnosis Chain
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Hop Protocol FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Hop has been built with maximal security in mind. There are no single point of failures or trusted off-chain actors. Instead the security is 100% rooted on-chain. Hop compresses origin messages (i.e transfers) into Bundles and uses the native message bridges to transfer these Bundles between chains.
- Moving funds from one wallet to anotherare called hops. So, the transaction monitoring system follows these funds and tries to identify some things, including funds hopping from one wallet to another, being split into numerous other funds, the processes being stretched throughout a couple of days, and many others.
- HOPR isan Ethereum token that powers the HOPR protocol, a multifaceted project developing technology for digital privacy, layer-zero data transfer, and decentralized governance. The HOPR token has three main functions: pay, stake, and vote.
How to secure Hop Protocol with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Hop Protocol wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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