Syscoin

SYS Price

What Is Syscoin (SYS)?

Founded in 2014 as a fork of Bitcoin, Syscoin (SYS) is a trailblazing blockchain network that synergizes the robust security of Bitcoin's Proof of Work (PoW) consensus algorithm with the versatility of Ethereum's smart contract functionality. Syscoin is not just a blockchain; it's a full-stack, modular ecosystem that includes Rollux, the industry's most competitive EVM Layer 2 rollup solution. Due to its modularity, it is worth noting that Syscoin has three chains, its UTXO and [N]EVM chains comprise its Layer 1, and its Layer 2 currently consists of Rollux.

Rollux sets a new standard for Ethereum-compatible dApps by being the only EVM L2 secured by Bitcoin through merged mining. It's grounded in OP Stack and features PoDA (Proof-of-Data Availability), the most advanced data availability solution in the industry. This unique architecture makes Rollux the most secure, performant, affordable, and scalable rollup for Ethereum-compatible dApps.

Syscoin aims to be at the forefront of smart contract applications, spanning Metaverse, IoT, Smart Cities, and even interplanetary economies. Looking forward, its roadmap is rich with cutting-edge technologies, including various ZK technologies like rollups, and DAOSYS—a revolutionary DAO model designed for governance-free treasury management and self-sovereignty for all participants.

Envisioning a world with unprecedented financial inclusion, Syscoin seeks to empower every individual and business to benefit from Web3 and beyond. It brings together the capabilities of Ethereum and the original vision of Satoshi Nakamoto for Bitcoin, opening up unparalleled possibilities for a decentralized future.

Syscoin offers its unique version of EVM, known as Network Enhanced Virtual Machine (NEVM), allowing it to host Ethereum-compatible smart contracts and rollups. In addition to Rollux, Syscoin features other Layer-2 solutions like Z-DAG and the Syscoin Bridge, further enhancing its scalability, interoperability, and performance.

Where can you buy Syscoin?

SYS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Syscoin is MEXC, where the most active trading pair SYS/USDT has a trading volume of $61,847.07 in the last 24 hours. Other popular options include WEEX and Nonkyc.io.

What is the daily trading volume of Syscoin (SYS)?

The trading volume of Syscoin (SYS) is $79,350.35 in the last 24 hours, representing a 2.70% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Syscoin (SYS)?

Syscoin (SYS) reached an all-time high of $1.30 and an all-time low of $0.0002097. It’s now trading -99.80% below that peak and 1,180.60% above its lowest price.

What is the market cap of Syscoin (SYS)?

Market capitalization of Syscoin (SYS) is $2,458,608 and is ranked #2276 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SYS tokens (920 Million tokens are tradable on the market today).

What is the fully diluted valuation of Syscoin (SYS)?

The fully diluted valuation (FDV) of Syscoin (SYS) is $2,458,650. This is a statistical representation of the maximum market cap, assuming total number of 920 Million ETH tokens are in circulation today.

How does the price performance of Syscoin compare against its peers?

With a price increase of 33.20% in the last 7 days, Syscoin (SYS) is outperforming the global cryptocurrency market which is up 4.60%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 5.70%.