About Solar
Solar is a Layer 1 blockchain network secured by 53 Block Producers through Delegated Proof of Stake (DPoS) consensus, with SXP as its native utility coin. The network's security and governance are maintained through a system where coin holders can participate by voting for Block Producers. As an open, community-driven ecosystem, Solar enables collaboration between Block Producers and coin holders, fostering continuous development and enhancing the network's infrastructure. To bridge blockchain technology with traditional business needs, Solar Enterprises, established through funding from the Solar Blockchain Foundation, focuses on developing these consumer-oriented products and services. Current development includes an innovative crypto-first e-SIM solution aimed at international travellers.
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Market Stats
Market Cap
$117,545,560.11
-8.36%
FDV
Not enough data
Circulating Supply
639,841,238.534 SXP
Max Supply
Not enough data
Total Supply
639,841,238.534 SXP
Total Value Locked
$26,881.90
Diluted Valuation
$117,420,896.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$22,240,105.93
-0.84%
Volume (7D)
$269,837,747.98
Volume (30D)
$708,824,790.27
All time high
$5.86
Overall Price Change (1Y)
-0.44%
Additional info about Solar
Recent trends
The price of Solar has increased by 1.92% in the last hour and decreased by 7.42% in the past 24 hours. Solar’s price has also risen by 23.25% in the past week. The current price is $0.18 per SXP with a 24-hour trading volume of $22.24M. Currently, Solar is valued at 96.86% below its all time high of $5.86. This all-time high was the highest price paid for Solar since its launch. The current circulating supply of Solar is 639,841,238.534 SXP which means that Solar has as total market cap of $117,545,560.11.
Market details
SXP vs markets
↘ 53.44%
SXP vs BTC
↘ 58.23%
SXP vs ETH
↗ 2.81%
Tags
medium-of-exchange
defi
payments
wallet
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x8CE9137d39326AD0cD6491fb5CC0CbA0e089b6A9 | |
Solana | 3CyiEDRehaGufzkpXJitCP5tvh7cNhRqd9rPBxZrgK5z | |
BNB Smart Chain | 0x47BEAd2563dCBf3bF2c9407fEa4dC236fAbA485A | |
BNB Smart Chain | 0xsxP-ccC |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.18 | ↘ 7.40% |
1 Day | $0.20 | ↘ 7.42% |
1 Week | $0.15 | ↗ 23.25% |
1 Month | $0.19 | ↘ 5.49% |
1 Year | $0.33 | ↘ 44.19% |
FAQ
Solar (SXP) is a decentralized blockchain that utilizes a Delegated Proof-of-Stake (DPoS) consensus model. It is powered by its native utility token, SXP, which plays a crucial role in securing the network and facilitating transactions. Users can stake SXP tokens to help secure the network and in return, they may receive compensation. The Solar blockchain also allows users to propose and vote on changes to the protocol, thereby fostering a transparent governance ecosystem. The Solar blockchain is designed to be an enterprise-level ecosystem, supported by open-source developers and community participation. It provides a platform for developers to build decentralized applications (DApps) with access to a variety of features, tools, and resources.
Solar operates on the Solar Core, a Layer-1 Blockchain Framework, using the Delegated Proof-of-Stake Consensus (DPoS). The network is maintained and protected by 53 delegates, also known as node operators or validators. These validators are chosen by the community through a voting process. Solar aims to enhance its security by a combination of Proof-of-Stake (PoS) consensus, multi-signature wallets, smart contracts, and a decentralized architecture. Instead of miners competing to validate transactions, the PoS mechanism selects validators based on their stake in the network. Solar also has a bug bounty program in place to encourage security researchers to identify and report potential vulnerabilities, aiming to continually improve the network's security.
Solar's primary use case is to provide a platform for the development of decentralized applications (DApps). Developers can leverage the features provided by the Solar Core, such as smart contracts and decentralized storage, to build a wide range of applications. The SXP token, being the primary currency of Solar DApps, can be used for transaction fees on the Solar blockchain and for staking to secure the network. Users can also participate in the governance of the Solar blockchain by proposing and voting on changes to the protocol. Furthermore, the Solar blockchain seeks to provide sustainable, clean energy solutions to remote areas, highlighting its potential in the renewable energy sector.
Solar Network was founded in 2018 by Joselito Lizarondo and Nayiem Willems, who had previously launched Swipechain. Their mission was to leverage blockchain technology to provide sustainable, clean energy solutions to remote areas. The Solar Blockchain Foundation was established in December 2021 in Estonia, following the acquisition of the remaining outstanding shares of Swipe (SXP). The foundation's key focus is to build a blockchain ecosystem involving open-source developers and a thriving community. There are 556,386,099.063 SXP tokens in circulation.
We update our Solar to USD currency in real-time. Get the live price of Solar on Coinbase.
The current market cap of Solar is $117.55M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Solar is $5.86. This all-time high is highest price paid for Solar since it was launched.
Over the last 24 hours, the trading volume of Solar is $22.24M.
Assets that have a similar market cap to Solar include Acet, WOO Network, Constellation, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Solar is 640 million.
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Social stats
Contributors
0
Posts
0
% About Solar
0.026%
Articles
35
Hold times
0 days
X (Twitter)
0% bullish
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
0 unique individuals are talking about Solar and it is ranked #0 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Solar has an average sentiment score of 0 out of 5. Finally, Solar is becoming less newsworthy, with 35 news articles published about Solar.
On Reddit, Solar was mentioned in 0 Reddit posts and there were 0 comments about Solar. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.