Supra Network Price
(SUPRA)
USD($)
Supra Network (SUPRA) Live Price Chart
Overview
About
Analysis
FAQ
Supra Network Live Price Data
The live price of Supra Network is $0.035338, with a total trading volume of $ 1.98M in the last 24 hours. The price of Supra Network changed by -4.69% in the past day, and its USD value has increased by +3.75% over the last week. With a circulating supply of -- SUPRA, the market cap of Supra Network is currently -- USD, marking a --% increase today. Supra Network currently ranks #-- in market cap.
How do you feel about Supra Network today?
Note: This data is for reference only.
Supra Network(SUPRA) Profile
Rank--
--Expand 
$0.034094
$0.037544
- ATH
- --
- Price Change (1h)
- +0.87%
- Price Change (24h)
- -4.69%
- Price Change (7d)
- +3.75%
- Market Cap
- --
- 24h Volume
- $1.98M
- Circulating Supply
- --
- Max Supply
- --
About SUPRA
How can I buy Supra Network (SUPRA)?
Buying SUPRA on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Supra Network (SUPRA) for more information. What Is Supra (SUPRA) Crypto?
Supra (SUPRA) is a Layer-1 blockchain designed for high performance and interoperability. It integrates oracles, randomness, cross-chain communication, and automation directly into its network. This setup allows developers to build decentralized applications (dApps) efficiently.
The SUPRA token is the native cryptocurrency of the Supra network. It facilitates transactions and supports the platform's ecosystem.
In November 2024, Supra launched its mainnet and conducted a Token Generation Event (TGE), marking a significant milestone in its development. You can trade SUPRA on several centralized exchanges, including KuCoin.
How Does Supra Blockchain Work?
Supra (SUPRA) is a high-performance blockchain that integrates multiple services directly into its network. It uses a unique Tribe and Clan architecture to manage nodes efficiently. This design allows different virtual machines (VMs) to operate in parallel, enhancing scalability.
Supra employs the Moonshot consensus protocol, which enables fast transaction finality by allowing validators to work on multiple blocks simultaneously. This approach reduces latency and increases throughput.
The network also features in-protocol oracles and verifiable random functions (VRFs) to provide reliable data and randomness for dApps. Additionally, Supra offers cross-chain communication and automation services, facilitating seamless interaction between different blockchain ecosystems.
Overall, Supra's integrated services and innovative architecture aim to provide a robust platform for developers to build efficient and scalable dApps.
History of Supra Network and SUPRA Coin
Supra (SUPRA) is a Layer-1 blockchain co-founded by CEO Joshua Tobkin and Chief Business Officer Jon Jones. The project has been in development for several years, focusing on creating a high-performance, interoperable platform.
In September 2023, Supra raised over $24 million in early-stage funding from prominent investors, including Animoca Brands, Coinbase Ventures, and HashKey.
The roadmap included launching an incentivized public testnet in August 2024, achieving over 500,000 transactions per second with sub-second latency across 300 globally distributed nodes.
On November 27, 2024, Supra launched its mainnet and conducted a Token Generation Event (TGE), making the $SUPRA token available on exchanges like KuCoin.
The team continues to develop features such as MultiVM support, native oracle services, and cross-chain communication to enhance the platform's capabilities.
What Is SUPRA Token Used for?
The SUPRA token serves multiple functions within the Supra blockchain ecosystem:
1. Gas Fees: You use SUPRA tokens to pay for transactions and interactions on the network.
2. Staking and Network Security: By staking SUPRA tokens, you help secure the network and can earn rewards.
3. Access to Services: SUPRA tokens grant access to native services like oracles, verifiable randomness, and cross-chain communication.
4. Governance: Holding SUPRA tokens allows you to participate in network governance decisions.
Additionally, you can trade SUPRA tokens on various exchanges. For example, KuCoin listed SUPRA on November 27, 2024, enabling trading on the SUPRA/USDT pair.
What Is Supra Tokenomics?
Supra (SUPRA) has a total supply of 100 billion tokens. The distribution is as follows:
1. Foundation and Treasury: 22.8%
2. Validators and Stakers: 21.0%
3. Early Contributors: 20.5%
4. Team: 16.0%
5. Ecosystem and Community: 11.0%
6. Blast Off Airdrop: 4.0%
7. Others (Advisors, Strategic Partners, Marketing, Legal, Admin, etc.): 4.7%
The team’s tokens are locked for 6 to 12 months, with gradual releases afterward. This structure aims to support the network's long-term growth and align incentives within the ecosystem.
Supra Network (SUPRA) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.001721 | -4.64% |
| 7 Days | $0.001279 | 3.76% |
| 30 Days | $0.014948 | 73.31% |
| 3 Months | $0.034339 | 3,434.60% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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Supra Network Conversion Rate
FAQ
How much is 1 Supra Network (SUPRA) worth?
KuCoin provides real-time USD price updates for Supra Network (SUPRA). Supra Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time SUPRA to USD exchange rates. Is Supra (SUPRA) a Good Investment?
The following factors suggest that investing in SUPRA could provide exposure to a technologically advanced and rapidly growing blockchain ecosystem:
1. Innovative Technology
> High-Performance Blockchain: Supra's Layer-1 blockchain integrates oracles, randomness, cross-chain communication, and automation, providing a comprehensive platform for dApps.
> Cross-Chain Interoperability: Supra's HyperNova technology enables secure, bridgeless cross-chain communication, enhancing blockchain interoperability.
2. Strong Financial Backing: Supra has raised over $24 million in early-stage funding from prominent investors, including Animoca Brands and Coinbase Ventures, indicating strong confidence in its potential.
3. Growing Ecosystem: Supra launched the "Super dApp Showdown," offering developers access to a $100 million ecosystem fund to build on its platform, fostering innovation and growth.
4. Strategic Partnerships: Supra has partnered with projects like Unbound Finance to build cross-chain liquidity protocols, expanding its network and use cases.
What Is Supra Price Prediction?
Several factors can influence the price of Supra (SUPRA) tokens:
1. Market Demand and Supply
> Trading Volume: High trading volumes on exchanges like KuCoin can indicate strong demand, potentially driving up the Supra price.
> Circulating Supply: The total supply of SUPRA tokens is 100 billion. As more tokens enter circulation, the increased supply can affect the SUPRA token price dynamics.
2. Technological Developments: Upgrades to Supra's blockchain technology can boost investor confidence, leading to SUPRA coin price increases.
3. Market Sentiment: Positive news and developments can enhance sentiment, driving demand and the SUPRA to USD price higher.
5. Broader Economic Factors: General trends in the cryptocurrency market can influence the SUPRA crypto price movements.
Understanding these factors can help you make informed decisions about investing in SUPRA tokens.
What is the market cap of Supra Network (SUPRA)?
The current market cap of SUPRA is $2.82M. It is calculated by multiplying the current supply of SUPRA by its real-time market price of $2.82M.
How do I store Supra Network (SUPRA)?
You can securely store your Supra Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your SUPRA include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Quant (QNT) to cash?
You can instantly exchange your Quant (QNT) for cash using KuCoin's Fast Trade feature. This feature enables you to convert QNT to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.