Name: Solv Protocol
Brand: Binance
Availability: InStock

Price of Solv Protocol Today

The live price of Solv Protocol is $0.0042072 per (SOLV / USD) with a current market cap of $6.2M USD. 24-hour trading volume is $16.3M USD. SOLV to USD price is updated in real-time. Solv Protocol is -2.08% in the last 24 hours with a circulating supply of 1.5B.

SOLV Price History USD

Date Comparison	Amount Change	% Change
Today	-$0.0000892	-2.08%
30 Days	-$0.0000369	-0.87%
60 Days	-$0.0006512	-13.4%
90 Days	-$0.0089921	-68.13%

Solv Protocol Chart Performance

24h Low & High

Low: $0

High: $0

The highest and lowest price paid for this asset in 24 hours.

All Time High

$0.23

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

-0.38%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-2.08%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

+6.85%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0

High: $0

All Time High

$0.23

Price Change (1h)

-0.38%

Price Change (24h)

-2.08%

Price Change (7d)

+6.85%

Solv Protocol Market Stats

Popularity

#1146

Popularity is based on the relative market cap of assets.

Market Cap

$6.2M

Market cap is calculated by multiplying the asset's circulating supply with its current price.

Volume (24hours)

$16.3M

The total dollar value of all transactions for this asset over the past 24 hours.

Circulation Supply

1.5B

15.35%

The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.

Total Maximum Supply

9.7B

The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

Fully Diluted Market Cap

$40.6M

Audits

CertiK

Last audit: 4/8/24

What is Solv Protocol (SOLV)?

Solv is a Bitcoin staking protocol that aims to establish a Bitcoin-focused financial ecosystem by increasing liquidity and enhancing the utility of Bitcoin assets. Through cross-chain operations, it ensures that Bitcoin holders can participate in DeFi, enabling BTC to be used for generating yields.

The SOLV token is central to Solv Protocol and supports multiple functions. Holders can vote on network governance decisions and influence the protocol’s direction. By staking SOLV through the Staking Abstraction Layer, participants gain access to protocol rewards and emissions. SOLV holders also receive fee discounts, including redemption fees for SolvBTC.

Solv Protocol’s framework includes components designed to improve the Bitcoin staking process. SolvBTC is a BTC-pegged token, maintained at a 1:1 ratio to Bitcoin, enabling cross-chain transactions and participation in DeFi.

SolvBTC.LSTs, or Liquid Staking Tokens, let Bitcoin holders earn yield while keeping their assets accessible. Meanwhile, the Staking Abstraction Layer (SAL) consolidates the process of staking Bitcoin across different networks, providing a single point of access for generating returns.

The total supply is 8.4B SOLV and the current circulating supply stands at 1.48B SOLV.

SOLV is listed on Binance for trade and purchase. The current price of SOLV is available and updated in real time on Binance.

People Also Ask: Other Questions About Solv Protocol

What is Solv Protocol?

Solv Protocol is a Bitcoin staking platform that strives to foster a Bitcoin-centric financial ecosystem, aiming to unlock more than $1 trillion in Bitcoin assets. By integrating the Staking Abstraction Layer, SolvBTC, and SolvBTC.LSTs (Liquid Staking Tokens), Solv Protocol enables both retail and institutional participants to explore diverse yield-generating avenues without forfeiting liquidity. This integration seamlessly merges Bitcoin with DeFi networks, allowing idle BTC to become productive assets. Through this approach, Solv Protocol aspires to transform Bitcoin’s utility in decentralized finance and position itself as the on-chain reserve for BTC.

How to Buy $SOLV?

SOLV can be purchased directly on Binance using a credit or debit card. Additionally, it can be traded with other cryptocurrencies on the Binance Exchange. Read our quick guide on How to Buy SOLV for more instructions.

What is SOLV Token Used For?

SOLV, which serves as Solv Protocol’s native utility token, offers several core functions within the ecosystem. By holding SOLV, users can influence protocol governance through voting, stake their tokens in the Staking Abstraction Layer to earn protocol emissions, and benefit from discounted fees, including reduced redemption fees for SolvBTC.