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About SUN

Sun [New] (SUN) is a cryptocurrency launched in 2021. SUN has a current supply of 19.90Bn with 9.77Bn in circulation. The last known price of SUN is 0.017206428931 USD and is -0.001631034252 over the last 24 hours. It is currently trading on active market(s) with $31.41M traded over the last 24 hours. More information can be found at https://sun.io/.

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SUN Price Statistics
SUN’s Price Today
24h Price Change
-$0.0016310342528.66%
24h Volume
$31.41M0.17%
24h Low / 24h High
$0.00594275 / $0.0060243
Volume / Market Cap
0.186784697095
Market Dominance
0.01%
Market Rank
#294
SUN Market Cap
Market Cap
$168.18M
Fully Diluted Market Cap
$342.42M
SUN Price History
7d Low / 7d High
$0.0053676 / $0.00610141
All-Time High
$0.05435517Oct 20, 2021
All-Time Low
$0.00463196Nov 14, 2022
SUN Supply
Circulating Supply
9.77Bn
Total Supply
19.90Bn
Max Supply
19.90Bn
Updated Nov 03, 2024 7:36 pm
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SUN
Sun [New]
$0.017206428931
$0.001631034252(-8.66%)
Mkt Cap $168.18M
There's nothing here for now
Tron Founder Unveils Bitcoin Layer 2 Roadmap for Enhanced Scalability and Security
Tron Founder Unveils Bitcoin Layer 2 Roadmap for Enhanced Scalability and Security
According to CryptoPotato, Tron Founder Justin Sun has revealed the protocol's ambitious Bitcoin Layer 2 roadmap, which aims to facilitate the injection of funds into the BTC network while boosting scalability, speed, and security. TRON is also looking to integrate tokens on the network with the Bitcoin blockchain, ensuring seamless interactions and interoperability between TRON and Bitcoin. Sun unveiled three roadmaps for TRON's Bitcoin Layer 2 initiative on Thursday, Feb. 15, stating that they outline TRON's commitment to enhancing the interoperability and utility of blockchain technologies, setting a new standard for the industry's future. The integration of TRON and Bitcoin will enable access to the former's stablecoin market on the network valued at $55 billion, which, according to Sun, will inject financial vitality into Bitcoin. The first stage seeks to integrate different tokens on the TRON network with the Bitcoin blockchain using cross-chain technology to enable seamless interactions between the two. The tokens include TRX, SUN, JST, BTT, WIN, NFT, and two of the largest stablecoins by market capitalization, USDT and USDC. TRON is also planning strategic collaborations with various Bitcoin Layer 2 protocols in the second stage. According to Sun, such partnerships will enhance the growth of the Bitcoin Layer 2 ecosystem with its diverse asset portfolio and will also enable TRON users to take part in restaking programs on Bitcoin Layer 2 networks. The final stage of the roadmap ultimately seeks to create a Bitcoin Layer 2 solution that would integrate TRON, BTTC, and BTC. TRON's solution ushers in a Bitcoin-compatible protocol that will combine low fees and fast transactions associated with Proof-of-Stake (PoS) systems, along with the security of Proof-of-Work (PoW) and unspent transaction output (UXTO) models. TRON aims to scale the performance of the Bitcoin network while also ensuring robust security. In addition, the TRON DAO has started working on Ordinals and Bitcoin Layer 2 solutions by investing in the development of a wallet and tools compatible with BRC-20 tokens. The resurgence of Ordinals, which brought decentralized finance (DeFi) and non-fungible tokens (NFTs) to Bitcoin, has seen both praise and criticism. Ordinal inscriptions brought traffic to the Bitcoin network, consequently causing a spike in transaction fees and network congestion. The high fees and delayed transactions have caused some critics within the Bitcoin community to label Ordinal inscriptions as a scam. As previously reported by CryptoPotato, Rijndael, one of the contributors to Taproot Wizards, launched a script that caused nodes to reject blocks with inscriptions, a method that may be useful for critics.
Feb 16, 2024 6:42 pm

Frequently Asked Questions

  • What Is SUN token (SUN)?

    The SUN.io platform is TRON's first one-stop platform that supports stablecoin swap, token mining and self-governance. After the redenomination, the new SUN token, as a multifunctional governance token on the SUN platform (similar to the CRV token of Curve DAO and the EPS token of Ellipsis), will grant token holders various rights and benefits such as the voting and governance right in the community, value capture, staking rewards, etc..

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  • How Many SUN Coins Are There in Circulation?

    To accommodate the requirements of the SUN project and infrastructure upgrade, starting from May 26, 2021 (SGT), SUN will implement a token redenomination and platform upgrade plan. While maintaining its current market cap, the old SUN tokens will be redenominated and swapped with the new SUN tokens at a ratio of 1:1000. After the redenomination, SUN.io will undergo a significant upgrade and introduce a new service - decentralized stablecoin swap. The SUN platform will be upgraded into TRON's first one-stop platform that supports stablecoin swap, token mining and self-governance. After the redenomination, the new SUN token, as a multifunctional governance token on the SUN platform (similar to the CRV token of Curve DAO and the EPS token of Ellipsis), will grant token holders various rights and benefits such as the voting and governance right in the community, value capture, staking rewards, etc..

    The SUN redenomination plan aims to lower the entry barrier of holding SUN tokens and facilitate the growth of the SUN ecosystem. The total supply of SUN tokens will be increased from 19,900,730 to 19,900,730,000 at a ratio of 1:1000, while the market cap of SUN remains unchanged.

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  • Where Can I Buy SUN (SUN)?

    SUN is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

    Binance offers the largest number of pairs as of June 2021, while Huobi Global also offers Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) options.

    New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

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  • What is the all-time high price of Sun [New] (SUN)?

    The all-time high of SUN was 0.05435517 USD on 2021-10-20, from which the coin is now down 68.34444831834764%. The all-time high price of Sun [New] (SUN) is 0.05435517. The current price of SUN is down 68.34444831834764% from its all-time high.

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  • How much Sun [New] (SUN) is there in circulation?

    As of , there is currently 9.77Bn SUN in circulation. SUN has a maximum supply of 19.90Bn.

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  • What is the market cap of Sun [New] (SUN)?

    The current market cap of SUN is 168.18M. It is calculated by multiplying the current supply of SUN by its real-time market price of 0.017206428931.

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  • What is the all-time low price of Sun [New] (SUN)?

    The all-time low of SUN was 0.00463196 , from which the coin is now up 271.4718808236685%. The all-time low price of Sun [New] (SUN) is 0.00463196. The current price of SUN is up 271.4718808236685% from its all-time low.

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  • Is Sun [New] (SUN) a good investment?

    Sun [New] (SUN) has a market capitalization of $168.18M and is ranked #294 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sun [New] (SUN) price trends and patterns to find the best time to purchase SUN.

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