SolarCoin

Last modified on 11. October 2020

Quick Facts

SolarCoin is a medium-sized cryptocurrency. In early October 2020, it had a market capitalization of over one million US dollar, accounting for less than 0.01 percent of the market for digital currencies.^1|2 The ticker symbol is SLR.

The user known as The SolarCoin Foundation announced the launch of SolarCoin on 16 September 2014 at bitcointalk.org. coinmarketcap.com subsequently launched the logging of real-time trading data in April 2014.

http://solarcoin.org

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, SolarCoin had an average trading volume of over US$ 4,400 per day for the first trimester of 2019. This figure came to over US$ 749 k during the same time frame in the previous year. In other words, the previous/prior volume growth has almost entirely receded.

For the first trimester of 2019, the average market capitalization equated to nearly US$ 1.8 m. This figure came to over US$ 29.3 m during the same time frame in 2018. The corresponding drop down in market capitalization equated to 94 percent.

Trading Price

In the first trimester of 2019, the average trading price was US$ 0.037044. This figure came to nearly US$ 0.84 during the same period of 2018. The price retraced accordingly by 95.6 percent.

The all-time high of SolarCoin in 2018

The SolarCoin currency reached a peak in January 2018 at US$ 2.64. The equivalent market capitalization of the coin reached over US$ 86 million. This put SolarCoin in the ballpark of certain other digital currencies, such as Voise, IXT, Aeon, Namecoin and Blox, among others.

SolarCoins all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 231 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 901 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 111 billion.

• SolarCoin (SLR): 0.086 bn US dollars
• Bitcoin (BTC): 231 bn US dollars
• Apple (AAPL): 901 bn US dollars
• VW (VWAGY): 111 bn US dollars
• Date: 14 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of SolarCoin stood at US$ 0.056433 with a market capitalization of nearly US$ 2.6 million. Compared with the highest trading price described above, this represents a decline down to approximately 2.1 percent.

Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.

More Details

The SolarCoin is not created via mining. It has no maximum number of coins, unlike Litecoin, for example. If you are interested in the source code, be sure to also visit the GitHub page.

Current SolarCoin transactions can be tracked using this block explorer, which also shows block height and other recently updated statistics.

To delve deeper into the world of SolarCoin, download the white paper or find more links to community forums, source code and social media accounts, visit http://solarcoin.org.

Markets

EUR

One trading platform for buying or selling SolarCoin in EUR is Lykke Exchange.

USD

One trading platform for buying or selling SolarCoin in USD is Lykke Exchange.

BTC

There are a number of platforms where you can buy or sell SolarCoin, including Livecoin and Lykke Exchange.

Social Links

You can contact the SolarCoin team directly by going to the following social media channels:

• Telegram (@solarcoins)
• Twitter (@SolarCoin_SLR)
• Facbook (@groups)

---

^{1. This figure changes to 0.0007 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}