Push Protocol, originally known as Ethereum Push Notification Service (EPNS), is a decentralized communication middleware that enables blockchain-based notifications across Web3 services, dApps, and smart contracts. Its native token, PUSH, currently trades more than 99% below its all-time high of $8.77, yet the project’s expansion beyond Ethereum and its rebranding to a full-stack communication layer have sparked renewed interest among market participants.
What Is Push Protocol?
Push Protocol is a blockchain-agnostic, platform-independent protocol that allows users to receive on-chain and off-chain activity alerts directly to their crypto wallets. Unlike traditional Web2 push notifications, Push Protocol empowers users with full control over which services can send them alerts and how those alerts are used. The protocol consists of four key components: Service, Channel, User, and Subscriber. It is available as a mobile app, browser extension, or standalone dApp.
How Does It Work?
Services (dApps, wallets, or smart contracts) create channels on Push Protocol, and users subscribe to them. Notifications are delivered in a decentralized manner, with the protocol using a staking mechanism to incentivize participation. Users can stake PUSH tokens to earn rewards while services pay fees to use the network. The cross-chain design ensures compatibility not only with Ethereum but also with other blockchains like Polygon, enabling wider adoption.
History and Key Milestones
Founded by Harsh Rajat and Richa Joshi in January 2020, Push Protocol received early support from the Ethereum Foundation, Aave, and the ETH developer community. The mainnet launched in January 2021, followed by token contract deployment, staking, and NFT minting. In April 2021, the protocol completed a security audit by ChainSafe and began strategic partnerships. On September 27, 2022, the project rebranded from EPNS to Push Protocol to reflect its broader communication vision. Notable partners include Maker, Aave, Uniswap, ENS, dYdX, Polygon, Gitcoin, and Decentraland. Advisors include Sandeep Nailwal (Polygon co-founder), Nischal Shetty (WazirX CEO), and others.
PUSH Tokenomics and Current Data
PUSH is an ERC-20 token with a fixed total and maximum supply of 100 million. As of May 25, 2026, the circulating supply stands at 90,236,482 PUSH. Use cases include: incentivizing protocol usage, paying fees, governance voting, earning passive income through staking, and serving as a tradable asset. The token’s all-time high was $8.77, while the all-time low was $0.01. At current levels, PUSH is up about 23.73% from its ATL but remains deeply discounted from its peak.
Market Impact and Outlook
Push Protocol operates in a niche yet critical infrastructure layer for Web3. As the number of dApps and active wallet addresses grows, the need for reliable, user-controlled notifications will increase. While the token price has suffered from the broader crypto bear market and delayed adoption, the project’s strong partnerships, active development, and unique value proposition could support a recovery. Key metrics to watch include the number of active channels, daily notifications sent, and integration announcements with major wallets and dApps. Investors should also monitor the overall market sentiment and the success of Push Protocol’s cross-chain expansion.