XPR Network Price
(XPR)
XPR Network Live Price Data
The live price of XPR Network is $0.0013448, with a total trading volume of $ 423,104 in the last 24 hours. The price of XPR Network changed by +6.96% in the past day, and its USD value has decreased by -15.85% over the last week. With a circulating supply of 26.92B XPR, the market cap of XPR Network is currently 35.89M USD, marking a --% increase today. XPR Network currently ranks #-- in market cap.
How do you feel about XPR Network today?
Note: This data is for reference only.XPR Network(XPR) Profile
Website
Documentation
Explorer
Contract
- Ethereum 0xd7efb0...2af
- BNB Smart Chain (BEP20) 0x5de393...2ab
Audited By
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Code & Community
Investors
- --
- ATH
- $0.1006318
- Price Change (1h)
- +2.81%
- Price Change (24h)
- +6.96%
- Price Change (7d)
- -15.85%
- Market Cap
- $35.89M
- 24h Volume
- $423,104
- Circulating Supply
- 26.92B
- Max Supply
- 10B
About XPR
How can I buy XPR Network (XPR)?
Buying XPR 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 XPR Network (XPR) for more information. What Is XPR Network (XPR) Crypto?
XPR Network (XPR) is a cryptocurrency operating on its own blockchain, known as the Proton blockchain. This network is designed to enhance the capabilities of blockchain technology by integrating it seamlessly with traditional financial systems. XPR Network uses a layer one proof-of-stake mechanism, making it efficient and scalable, and it supports WebAssembly (WASM) smart contracts, which allow for high-performance and sustainable computation.
A key feature of the XPR Network is its focus on compliance and user verification, ensuring it remains a secure and trusted platform for financial transactions. It's particularly noted for having zero gas fees, meaning that transactions can be executed without the additional cost typically associated with blockchain operations. This makes it an attractive option for developers and businesses looking to utilize blockchain technology without the often prohibitive costs.
The network also aligns with the ISO 20022 standard, ensuring it can communicate smoothly with traditional banking systems, which is a significant advantage for financial institutions exploring blockchain solutions. Additionally, XPR Network is built to be accessible, offering tools and resources that are easy to use, promoting a thriving community of developers who can create and deploy various applications ranging from digital payments to tokenized assets and decentralized finance (DeFi) solutions.
How Does XPR Network Work?
XPR Network is a layer-one proof-of-stake blockchain that uses WebAssembly (WASM) smart contracts to enable efficient, scalable, and sustainable computation. This means you can build various decentralized applications, like tokens, NFTs, and financial services, easily and securely on this platform.
The network uses human-readable @names instead of complex wallet addresses, making transactions easier and reducing errors. When you transact on XPR Network, there are no gas fees, as the network handles all transactions free of charge. Network validators earn rewards in XPR tokens for maintaining network security and transaction verification.
The XPR Network also emphasizes security and compliance, featuring on-chain identity verification to ensure that all users and transactions are legitimate. This makes it suitable for both consumer applications and peer-to-peer payments, as well as for bridging traditional finance and decentralized finance by integrating directly with bank accounts and financial systems.
History of XPR Network and XPR Coin
XPR Network was launched to integrate blockchain technology seamlessly with traditional financial systems. It focuses on high scalability, zero transaction fees, and compliance with financial standards like ISO 20022, which helps bridge the gap between DeFi and TradFi. This compatibility makes XPR Network particularly appealing to financial institutions.
Metallicus, a company known for emphasizing compliance and innovative blockchain solutions, spearheaded the network's development. Metallicus also runs Metal X, a decentralized exchange that supports the trading and lending of various cryptocurrencies.
XPR Network has successfully maintained a 100% network uptime since its launch, highlighting its reliability. It has also processed around 800 million transactions, demonstrating its capacity and performance.
XPR Network has continuously evolved since its launch, adding new features and expanding its ecosystem with initiatives like a grant program funded by a DAO, which allocates resources to foster the growth of the XPR ecosystem. This is part of their broader mission to make blockchain technology accessible and beneficial for a wide range of applications and industries.
What Is XPR Token Used for?
The XPR token, native to the XPR Network, serves several key functions within its ecosystem. You can use the XPR token to pay transaction fees on the network, which are very low. Another important use of the token is for staking, where you can stake your XPR tokens to earn rewards, thus contributing to the security and operability of the network.
Additionally, holding XPR tokens enables you to participate in the governance of the XPR Network. This means you can have a say in important decisions concerning the network’s development and operation by voting on various proposals.
Moreover, XPR tokens can be used for transactions across the network’s services, such as payments and remittances, which are designed to be fast, secure, and inexpensive. The network also supports DeFi applications, where XPR tokens can be integrated for various uses like lending, borrowing, and earning passive income through yield farming.
You can also trade XPR Network tokens on the KuCoin Spot Market against other cryptocurrencies after doing your own research (DYOR). Buy or sell $XPR or HODL if you believe in the future potential of the XPR Network.
XPR Network (XPR) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $0.0000851 | 6.76% |
7 Days | $-0.0002848 | -17.72% |
30 Days | $0.000401 | 43.55% |
3 Months | $0.0005356 | 68.13% |
24H Investment Barometer
- 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.
XPR Network Conversion Rate
FAQ
How much is 1 XPR Network (XPR) worth?
KuCoin provides real-time USD price updates for XPR Network (XPR). XPR Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time XPR to USD exchange rates. Is XPR Network (XPR) a Good Investment?
Investing in XPR Network (XPR) offers several advantages:
- Zero Transaction Fees: XPR Network eliminates gas fees for transactions, which can significantly reduce the costs of operating on the blockchain, making it attractive for both individual users and businesses.
- High Transaction Speed: The network supports up to 4,000 transactions per second, positioning it among the faster blockchain technologies available. This capability is ideal for applications requiring high throughput, such as payment processing and decentralized exchanges.
- Versatile Utility: The XPR token has multiple uses within the network, including paying for transaction fees, staking for rewards, and participating in governance through voting on network updates.
- Interoperability with Traditional Finance: XPR Network is designed to bridge the gap between DeFi and traditional financial systems. This makes transferring funds between blockchain and traditional bank accounts easier, facilitating seamless transactions.
- Incentives for Participation: Investors can engage in various network activities like liquidity provision earning rewards through yield farming. This not only helps in securing the network but also provides financial incentives to the token holders.
- Deflationary Mechanism: XPR Network has implemented a deflationary mechanism where a portion of the transaction fees is permanently burned. This could potentially increase the value of XPR tokens over time by reducing the overall supply.
What Is XPR Network Price Prediction?
While we cannot provide a reliable XPR price prediction, here are some factors that influence the price of XPR Network token:
- Market Demand and Supply: The basic economics of demand and supply play a significant role. The XPR Network price will rise if more people want to buy XPR than sell it. Conversely, the XPR to USD price will fall if more people want to sell XPR than buy it.
- Cryptocurrency Market Trends: Like other cryptocurrencies, overall market trends can affect the $XPR price. If the crypto market is bullish, XPR might also increase its value, and vice versa.
- Network Upgrades and Technological Developments: Developments and updates to the XPR Network, such as enhancements in transaction speeds, security features, or new partnerships, can positively affect investor perception and, thus, the XPR crypto price.
- Economic Events: Broader economic events, such as inflation rates, changes in interest rates, or economic downturns, can influence investment in cryptocurrencies like XPR as investors look for safer or higher-return investments.
How to Stake XPR on XPR Network
To stake XPR on the XPR Network using the WebAuth Wallet, follow these steps:
- Access your Assets: Start by opening your WebAuth Wallet and selecting XPR Network (XPR) from your dashboard's ‘Assets’ section.
- Initiate Staking: Tap on the ‘Stake’ option.
- Select Amount: Use the slider to decide how much XPR you want to stake.
- Vote for Block Producers: Tap on ‘Vote now’. You must choose four block producers to be eligible for staking rewards—one for each available slot.
- Confirm and Start Earning Rewards: After selecting the block producers, confirm your choices by tapping on ‘Vote.’ You can then begin to claim staking rewards every 24 hours.
Alternatively, you can stake XPR using the XPR Network Explorer:
- Verify and Connect: Ensure your account is verified, then go to the XPR Network Explorer and connect your WebAuth.com wallet.
- Navigate to Staking Section: Under the ‘Wallet’ tab, select 'Stake XPR.'
- Stake Your XPR: Enter the amount you wish to stake and then confirm by clicking on ‘Stake.’ You’ll need to authorize this action with your WebAuth.com wallet.
For long-term staking:
- Choose Duration: Decide on the duration you want to stake—either 90 days or 365 days.
- Select Amount: Specify the amount of XPR you wish to stake, considering the minimum requirement.
- Initiate Staking: Start the staking process, and your XPR will be locked for the selected duration.
These steps offer a straightforward way to participate in staking on the XPR Network, helping secure the network while earning rewards in the process.
What is the all-time high price of XPR Network (XPR)?
The all-time high price of XPR Network (XPR) is $0.1006922. The current price of XPR is down 98.66% from its all-time high.
What is the all-time low price of XPR Network (XPR)?
The all-time low price of XPR Network (XPR) is $0.0005507. The current price of XPR is up 144.33% from its all-time low.
How much XPR Network (XPR) is there in circulation?
As of 12 22, 2024, there is currently 26.92B XPR in circulation. XPR has a maximum supply of 10B.
What is the market cap of XPR Network (XPR)?
The current market cap of XPR is $35.89M. It is calculated by multiplying the current supply of XPR by its real-time market price of $35.89M.
How do I store XPR Network (XPR)?
You can securely store your XPR Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your XPR 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 Monero (XMR) to cash?
You can instantly exchange your Monero (XMR) for cash using KuCoin's Fast Trade feature. This feature enables you to convert XMR 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.