Convert and Swap Solarcoin SLR to United States Dollar USD
SLR/USD: 1 Solarcoin equals $0.0164 USD
Solarcoin (SLR) is not tradable on Coinbase.
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Last update: 11:38 PM, May 9, 2025
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Solarcoin market latest
Solarcoin is climbing this week.
The current price of Solarcoin is $0.0164 per SLR. With a circulating supply of 64,813,806.782 SLR, it means that Solarcoin has a total market cap of $1,062,788.29. The amount of Solarcoin traded has risen by $3,406.88 in the last 24 hours, which is a 71.91% increase. Additionally, in the last day, $4,737.86 worth of SLR has been traded.
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About Solarcoin
Solarcoin is a Scrypt based alternative digital currency and its innovation comes from the secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity generated. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain. The supply of SLR comprises of the following: - The Mining Pool: 105 million Solarcoins (0.1%) to be publicly mined over the next 40 years. All publicly mined Solarcoins represent historically generated and unclaimed solar electricity. - The Generator Pool: 97.5 billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for Solar Proof of Work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy. - The Genesis Pool: 500 million Solarcoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total Solarcoin in circulation.
SolarCoin (SLR) is a unique cryptocurrency that operates on the Ethereum platform. It aims to incentivize the production of solar energy, a renewable and sustainable source of power. SolarCoin's mission is to reduce the cost of electricity production by rewarding solar energy generators. The reward system operates on the principle of granting one SolarCoin for every 1 MWh of verified solar electricity production. This innovative approach seeks to encourage the use of solar energy, which is now the cheapest fuel in over 150 countries.
SolarCoin operates through a system of claims and rewards. Solar energy producers register their solar installations via their monitoring system or platform. Once registered, the monitoring system sends generation data to the SolarCoin Foundation, which then grants SolarCoins to the claimant's wallet at a rate of 1 SolarCoin per 1 MWh of verified electricity production. These SolarCoins can be saved, exchanged, or spent as the claimant wishes. SolarCoins are sent to addresses in digital wallets and can be used as currency. They can be traded for government currencies or spent at businesses that accept them.
SolarCoin's primary use case is to incentivize the production of solar energy. By rewarding solar energy producers with SolarCoins, it aims to reduce the cost of electricity production and promote the use of renewable energy. SolarCoin can also be used as a form of digital currency. It can be traded for government currencies or used to purchase goods and services from businesses that accept SolarCoins. Furthermore, SolarCoin can be saved in a digital wallet for future use, providing a potential long-term benefit for solar energy producers.
SolarCoin was launched in 2014 with a 40-year mission to incentivize solar electricity production. It operates on the Ethereum platform and has a current supply of over 98 billion coins, with approximately 65 million in circulation. In March 2021, the SolarCoin blockchain underwent a significant change, migrating to the Energy Web Chain. This change was implemented to improve the efficiency and sustainability of the SolarCoin project. The Energy Web Chain uses a validation process known as proof-of-authority, which requires much less energy expenditure and carbon emissions than traditional mining methods.
How Solarcoin and United States Dollar differ
SolarCoin (SLR) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. SolarCoin is a digital currency that operates on the Ethereum platform, aiming to incentivize the production of solar energy. It rewards solar energy generators with SolarCoins, striving to reduce the cost of electricity production and promote the use of renewable energy. SolarCoins can be saved, exchanged, or spent, much like traditional currency. On the other hand, the US Dollar is a government-issued and regulated fiat currency, widely accepted and used for all types of transactions worldwide. Unlike SolarCoin, the US Dollar does not directly incentivize any specific industry or environmental cause. Furthermore, SolarCoin's value can fluctuate based on market dynamics, while the US Dollar's value is relatively stable, backed by the economic strength and stability of the United States. Lastly, SolarCoin transactions occur on a decentralized network, eliminating the need for intermediaries, while US Dollar transactions often involve banks or other financial institutions.
Frequently asked questions
How much is 1 Solarcoin in USD?
Right now, 1 Solarcoin is worth about $0.0164.
How much SLR could I buy for 1 USD?
Based on the current rate, you could get 60.99 SLR for 1 USD.
How much has the price of Solarcoin changed?
Solarcoin price has been on the rise. Since yesterday, the exchange rate of Solarcoin has increased. Since last month, the exchange rate of Solarcoin has increased. Since this time last year, the price of Solarcoin has decreased.
How do I calculate or convert SLR to USD?
You can use our SLR to USD calculator at the top of this page to convert any amount of SLR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 304.94 SLR. Inversely, 5 SLR will cost about $0.082
How can I buy 1 Solarcoin on Coinbase?
Solarcoin can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Solarcoin.
What are assets similar to Solarcoin that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Solarcoin, including Crypto Strategic Reserve, Camille, and Bitcoin Treasury Machine. For a more robust list of assets to explore, jump to the asset page dedicated to Solarcoin.
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SLR to United States Dollar conversion tables
The exchange rate of Solarcoin is increasing.
The current value of 1 SLR is $0.02 USD. In other words, to buy 5 Solarcoin, it would cost you $0.08 USD. Inversely, $1.00 USD would allow you to trade for 60.99 SLR while $50.00 USD would convert to 3,049.39 SLR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 23.51%. Meanwhile, in the last 24 hours, the rate has changed by 6.39%, which means that the highest exchange rate of 1 SLR to United States Dollar was $0.0169 USD and the lowest 24 hour value was 1 SLR for $0.0154 USD. This time last month, the value of 1 SLR was $0.01 USD, which is a 38.28% decrease from where it is now. Looking back a year, Solarcoin has changed by $0.03 USD. That means that in a single year, the value of Solarcoin has shrank by 39.8%.
SLR to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.0154 USD | 6.39% | $0.0133 USD | 23.51% | $0.0119 USD | 38.28% | $0.0272 USD | -39.80% |
SLR to USD
Amount | Today at 11:38 pm |
|---|---|
0.5 SLR | $0.0082 |
1 SLR | $0.0164 |
5 SLR | $0.0820 |
10 SLR | $0.1640 |
50 SLR | $0.8198 |
100 SLR | $1.6397 |
500 SLR | $8.1984 |
1,000 SLR | $16.3967 |
USD to SLR
Amount | Today at 11:38 pm |
|---|---|
0.5 USD | 30.49 SLR |
1 USD | 60.99 SLR |
5 USD | 304.94 SLR |
10 USD | 609.88 SLR |
50 USD | 3,049.39 SLR |
100 USD | 6,098.77 SLR |
500 USD | 30,493.86 SLR |
1,000 USD | 60,987.71 SLR |
Today vs. 24 hours ago
Amount | Today at 11:38 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SLR | $0.0082 | $0.0077 | +6.39% |
1 SLR | $0.0164 | $0.0154 | +6.39% |
5 SLR | $0.0820 | $0.0771 | +6.39% |
10 SLR | $0.16 | $0.15 | +6.39% |
50 SLR | $0.82 | $0.77 | +6.39% |
100 SLR | $1.64 | $1.54 | +6.39% |
500 SLR | $8.20 | $7.71 | +6.39% |
1,000 SLR | $16.40 | $15.41 | +6.39% |
Today vs. 1 month ago
Amount | Today at 11:38 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SLR | $0.0082 | $0.0059 | +38.28% |
1 SLR | $0.0164 | $0.0119 | +38.28% |
5 SLR | $0.0820 | $0.0593 | +38.28% |
10 SLR | $0.16 | $0.12 | +38.28% |
50 SLR | $0.82 | $0.59 | +38.28% |
100 SLR | $1.64 | $1.19 | +38.28% |
500 SLR | $8.20 | $5.93 | +38.28% |
1,000 SLR | $16.40 | $11.86 | +38.28% |
Today vs. 1 year ago
Amount | Today at 11:38 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SLR | $0.0082 | $0.0136 | -39.80% |
1 SLR | $0.0164 | $0.0272 | -39.80% |
5 SLR | $0.0820 | $0.14 | -39.80% |
10 SLR | $0.16 | $0.27 | -39.80% |
50 SLR | $0.82 | $1.36 | -39.80% |
100 SLR | $1.64 | $2.72 | -39.80% |
500 SLR | $8.20 | $13.62 | -39.80% |
1,000 SLR | $16.40 | $27.24 | -39.80% |
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