Solar (SXP)

€ 0,35205

-11,05 % € -0,03890

Solar Price in Euros

(SXP to EUR)

€ 0,35205

Solar Volume

(24h)

€ 34.99 M

Market Cap

(Solar)

€211.04 M
BTC

What is Solar

Solar is a decentralized layer 1 blockchain aiming for an ecosystem with open-source developers and community involvement. It uses the DPoS consensus mechanism, with 53 selected block producers approving transactions.

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How does Solar work?

Solar is part of the Solar Blockchain Foundation from Estonia. The goal is to be able to provide both financial and technical support to projects developed on the blockchain. It uses the SXP native token.

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How to buy Solar?

Do you want to buy Solar (SXP)? You can buy SXP at Coinmerce! Choose how many tokens you want to buy, pay with iDeal and receive the SXP token in your wallet quickly!

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How to buy Solar?

Do you want to buy Solar? You can buy Solar using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu you can click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Solar, use the search function to search for Solar and click on the name. You can indicate how much you want to buy Solar in the right window. Below is shown how much Solar you get for this. Have you entered the correct amount? Then click on "Buy." You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Solar when the price reaches your entered value. You can also execute a repeating order. Do you want to buy Solar with another cryptocurrency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Solar.

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About Solar

Solar is a community-run, fully decentralized project. Its Project Leader is Nayiem Willems. The Solar mainnet launched in March 2022 with SXP as its native coin. The Solar blockchain is very fast: processing a transaction only takes 8 seconds. Solar uses the DPoS (Delegated Proof of Stake) consensus model, secured by 53 elected block producers. Block producers are responsible for maintaining the blockchain by creating and witnessing blocks, validating transactions, and voting on governance issues.SXP holders can vote for Solar block producers using the Solar Desktop Wallet. Solar block producers may distribute a share of block rewards to their voters. Once you have voted, you can always change your vote. Your SXP is not locked. For example, If you are not satisfied with your chosen block producer, you can transfer your vote to another block producer or producers. Each SXP equals one vote, so the more coins in your wallet, the more weight your vote carries. Adding SXP to an already voting wallet increases its vote weight. The Solar Blockchain Foundation is a non-profit organisation established in Estonia that focuses on creating a blockchain ecosystem with open-source developers and community involvement. The Solar Foundation aims to provide financial and technical support to projects and entities within the greater Solar community to accelerate its growth.

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Founder Nayiem Willems
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Founded 2019
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Industry Payments
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Website Website
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Network Solar Blockchain
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Location Estonia
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Rank 274
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Market Cap 211.04 M
euro
Trading volume 34.99 M
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Maximum coins 0
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Circulating 597.74 M
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