ssv.network (SSV) Self Reported Market Cap Hits $58.45 Million

ssv.network (SSV) traded down 0.6% against the U.S. dollar during the one day period ending at 9:00 AM ET on December 31st. ssv.network has a market cap of $58.45 million and approximately $11.31 million worth of ssv.network was traded on exchanges in the last 24 hours. One ssv.network token can now be purchased for $3.93 or 0.00004427 BTC on popular cryptocurrency exchanges. During the last seven days, ssv.network has traded 0.1% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1.3% against the dollar and now trades at $88,809.69 or 1.00097430 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.2% against the dollar and now trades at $88,059.06 or 0.99682024 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 launched on August 31st, 2021. ssv.network’s total supply is 15,079,827 tokens and its circulating supply is 14,879,827 tokens. ssv.network’s official message board is ssv.network/blog. The Reddit community for ssv.network is https://reddit.com/r/ssvnetwork/ and the currency’s Github account can be viewed here. ssv.network’s official Twitter account is @ssv_network. The official website for ssv.network is ssv.network.

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.”

Buying and Selling ssv.network

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

SSV/USD price chart by TradingView