ssv.network Self Reported Market Cap Hits $114.45 Million (SSV)

ssv.network (SSV) traded 2.5% higher against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on May 21st. Over the last seven days, ssv.network has traded down 10.5% against the U.S. dollar. One ssv.network token can now be purchased for about $9.17 or 0.00008610 BTC on cryptocurrency exchanges. ssv.network has a total market cap of $114.45 million and approximately $14.18 million worth of ssv.network was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.2% against the dollar and now trades at $106,883.08 or 1.00312848 BTC.
• SolvBTC (SOLVBTC) traded 1.5% higher against the dollar and now trades at $106,692.28 or 1.00133782 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

ssv.network Token Profile

ssv.network’s genesis date was August 31st, 2021. ssv.network’s total supply is 12,715,891 tokens and its circulating supply is 12,476,424 tokens. ssv.network’s official message board is ssv.network/blog. ssv.network’s official Twitter account is @ssv_network. The official website for ssv.network is ssv.network. The Reddit community for ssv.network is https://reddit.com/r/ssvnetwork/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “Secret Shared Validators (SSV) is a secure and robust way to split a validator key for ETH staking between non-trusting nodes, or operators. A unique protocol that enables the distributed control and operation of an Ethereum validator. The key is split in such a way that no operator must trust the other to operate, a certain amount can go offline without affecting network performance, and no operator can take unilateral control of the network. The result is decentralization, fault tolerance, and optimal security for staking on EthereumSSV was first discussed in 2019 by Ethereum Foundation (EF) researchers Aditya Asgaonkar and Carl Beekhuizen in a theoretical paper focused on mechanisms to protect against potential modes of validator failure. Over the next year, the research group formed to include contributions from EF researcher Dankrad Feist, Collin Myers from Consensus, and Mara Schmiedt from Coinbase. In 2020, Blox Staking joined forces with the project team and a staking community grant was awarded from the EF to develop the first audited implementation of a SSV configuration. Development efforts are led internally by Blox Staking, with many contributions from the community and open public testnets.”

ssv.network Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as ssv.network directly using US dollars. Investors seeking to acquire ssv.network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ssv.network using one of the aforementioned exchanges.

SSV/USD price chart by TradingView