Backpack BP
Rank #157Backpack (BP) trades at $1.06, the 157th-largest cryptocurrency by market capitalisation at $264.5 M. Over the past 24 hours it is +12.77% and over the week -14.72%. Our composite Price Strength score reads 52/100, liquidity health 5/100, and 7-day annualised volatility sits near 128% — higher than 90% of the top 100 coins.
Backpack · At a glance
Ecoonomia composite scores derived from live market data. Methodology →
Backpack · Price chart (7 days)
Price performance
| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +0.00% | +12.77% | -14.72% | -14.72% | +0.00% |
Market statistics
Backpack · Market analysis
Volatility & risk
Realised volatility for BP is very high, with a 7-day annualised reading near 128%, placing it above 90% of the top 100 by volatility. Expect wide swings and size positions accordingly.
Liquidity & depth
Around $4.8 M changed hands in 24 hours — about 1.8% of market value turning over daily — which we read as thin liquidity, so larger orders can move the price.
Correlation with Bitcoin
Over the past week BP's returns correlate 0.42 with Bitcoin: it shows a moderate link to Bitcoin. Correlation regimes shift, so treat this as a snapshot.
BP to USD
| BP | USD |
|---|---|
| 0.5 BP | $0.5290 |
| 1 BP | $1.06 |
| 5 BP | $5.29 |
| 1 BP | $10.58 |
| 25 BP | $26.45 |
| 5 BP | $52.90 |
| 1 BP | $105.80 |
| 5 BP | $529.00 |
| 1, BP | $1,058 |
| 10, BP | $10,580 |
Supply & tokenomics
Backpack has a circulating supply of 250,000,000 BP against a hard cap of 1,000,000,000 — 25% of the maximum already exists. A meaningful share is still to be released, so emission schedules are worth tracking.
Backpack · Price prediction 2026–2027
| Period | Low | Average | High | Potential | Bias |
|---|---|---|---|---|---|
| 24 Hours | $1.04 | $1.06 | $1.08 | -0.04% | Neutral |
| 7 Days | $1.01 | $1.05 | $1.12 | -0.30% | Neutral |
| 30 Days | $0.9569 | $1.04 | $1.17 | -1.30% | Neutral |
| 3 Months | $0.8685 | $1.02 | $1.23 | -3.90% | Neutral |
| 6 Months | $0.7756 | $0.9771 | $1.26 | -7.65% | Bearish |
| 1 Year | $0.6392 | $0.9023 | $1.28 | -14.72% | Bearish |
| End of 2026 | $0.8881 | $1.02 | $1.22 | -3.23% | Neutral |
| End of 2027 | $0.5935 | $0.8731 | $1.27 | -17.47% | Bearish |
| 2031 | $0.1661 | $0.4774 | $0.9183 | -54.88% | Bearish |
The ensemble blends a technical (momentum), statistical (volatility) and relative (comparable peers) model. Probabilistic scenarios, not financial advice.
About Backpack
How Backpack works
Backpack is a layer-1 smart-contract platform secured by proof-of-stake: validators lock up (stake) BP to propose and attest blocks, and earn rewards for honest behaviour while risking penalties (slashing) for misbehaviour. Developers deploy decentralised applications on top of it.
What is Backpack used for?
Backpack powers DeFi, NFTs, stablecoins and on-chain applications; BP is used to pay transaction fees (gas), to stake and help secure the network, and to participate in governance.
Risks & considerations
All crypto-assets are volatile and high-risk; never invest more than you can afford to lose. Specific risks include validator centralisation, slashing, smart-contract bugs in the ecosystem and competition between chains.
Where to buy Backpack
Regional platforms
In Latin America and Spain you can buy Backpack on local Spanish-speaking platforms:
| Bitso | Mexico · LatAm |
| Lemon · Buenbit | Argentina |
| Bit2Me · Bitnovo | Spain |
| Binance · Coinbase · Kraken | Global |
Backpack vs comparable coins
| Coin | Price | 24h | 7d | Cap |
|---|---|---|---|---|
| Ether.fi ETHFI | $0.6947 | +12.69% | -0.10% | $670.9 M |
| XDC Network XDC | $0.0346 | +0.39% | -3.34% | $689.6 M |
| PancakeSwap CAKE | $2.19 | -0.72% | -0.21% | $695.2 M |
| Pyth Network PYTH | $0.0884 | +1.69% | +4.87% | $696.0 M |
| GHO GHO | $0.9986 | +0.01% | +0.01% | $698.0 M |
| Celestia TIA | $0.7152 | +30.39% | +47.09% | $702.2 M |
Backpack · FAQ
What is the current price of Backpack (BP)?
Will Backpack go up in 2026?
Where can I buy Backpack?
Is Backpack a good investment?
Disclaimer: informational content only, not financial advice. Cryptocurrencies are volatile and high-risk. Predictions are model estimates and may be inaccurate.