About Solar
Market Stats
Market Cap
$124,396,913.81
FDV
No data
Circulating Supply
636,402,988.566 SXP
Max Supply
No data
Total Supply
636,402,980.1 SXP
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$7,751,706.88
0.03%
All time high
$5.86
Additional info about Solar
Networks and details
The price of Solar has increased by 0.68% in the last hour and increased by 2.81% in the past 24 hours. Solar’s price has also fallen by 6.96% in the past week. The current price is $0.19 per SXP with a 24-hour trading volume of $7.75M. Currently, Solar is valued at 96.67% 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 636,402,988.566 SXP which means that Solar has as total market cap of $124,396,913.81.
Price history
Today | $0.19 | ↗ 2.81% |
1 Day | $0.19 | ↗ 2.81% |
1 Week | $0.21 | ↘ 6.96% |
1 Month | $0.24 | ↘ 20.27% |
1 Year | $0.55 | ↘ 64.67% |
Market details
Performance against other markets | ↘ 65.84% |
Performance against BTC | ↘ 68.53% |
Performance against ETH | ↘ 25.28% |
Performance in the past year | ↘ 64.67% |
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 $124.40M. 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 $7.75M.
Assets that have a similar market cap to Solar include Frax Share, Echelon Prime, Ontology, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Solar is 636 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#779
Contributors
146
Posts
607,635
% About Solar
0.045%
Hold times
0 days
X (Twitter)
44.12% bullish
Sentiment
3.5 ★
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
146 unique individuals are talking about Solar and it is ranked #779 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 3.5 out of 5. Finally, Solar is becoming more newsworthy, with 0 news articles published about Solar. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Solar. There were 44.12% of tweets with bullish sentiment compared to 23.53% of tweets with a bearish sentiment about Solar. 32.35% of tweets were neutral about Solar. These sentiments are based on 273 tweets.
On Reddit, Solar was mentioned in 1 Reddit posts and there were 3 comments about Solar. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.