What is POWERLEDGER(POWR)?

Basic information about POWR

Coin name:

Powerledger

Coin symbol:

Coin introduction:

Powerledger (POWR) is a technology company that builds software for distributed and decentralised energy markets for a sustainable future. It has developed a blockchain-based platform that enables the tracking and trading of energy, flexibility services and environmental commodities. Its goal is to provide the platform for a fully modernised, market-driven grid that offers consumers a choice in their energy while driving the democratisation of power. Headquartered in Zug, Switzerland, Powerledger operates in more than 10 countries. Powerledger operates on two blockchain layers; the POWR token is issued on Ethereum as an ERC-20 token, and the Powerledger blockchain - a native Solana based blockchain to process energy transactions on a more scalable network. The POWR token is an ERC-20 token that acts as a licence required for businesses such as; utilities, renewable energy operators, microgrids, companies committed to 100% renewable energy and property developers to access Powerledger’s platform, and will be able to be used to pay for transactions on the Powerledger blockchain in future. In 2015, 30 countries had reached grid parity, meaning that the price of solar-generated energy was equal to or less than the cost of local retail electricity. Powerledger combines renewable energy and blockchain technology to offer energy solutions that are cheaper and more sustainable than traditional energy alternatives. Powerledger was founded in 2016 to solve a pressing problem: Energy that comes from solar and wind is intermittent and lacks the steady quality that fossil fuels provide, and this causes problems for the grid. Powerledger’s approach was to create a highly agile market that could help regulate this intermittency and start to create a transition to a more responsive, distributed network with better storage. Powerledger’s software is used by utilities and large corporations to track, trace, and trade every kilowatt of energy to improve grid stability.

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Current Price:

$0.063626More coin details

All-time high:

$1.89

All-time low:

$0.032625

POWR Supply Info and Tokenomics

Circulating supply:

529M

Total supply:

999M

Max supply:

1,000M

Market cap:

$33.706M

Fully diluted valuation:

$63.626M

What is the outlook and future value of POWR?

The current market cap of POWR is $33.706M, ranked 841 in the market, showing that the market already recognizes the value of POWR. When a bull market arrives, the market cap of POWR may continue to grow.

Moreover, if POWR can play a greater role in real-world applications—such as if the Monero developers can fully empower POWR and establish partnerships with more business partners to expand its user base—then the long-term value of POWR will be further enhanced.

What is the price of POWR in 2027?

According to the historical price performance prediction model of POWR, the price of POWR is expected to reach $0.066807 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get POWR?

Purchasing POWR with cash is not the only way to obtain POWR. If you have enough time, you can get POWR for free.

Learn how to get Hot rewards for free with POWR.

Earn free POWR by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get POWR airdrops for free.

All crypto airdrops and rewards can be exchanged for POWR through LBank spot trading.

Buy POWR starting from $1

What is POWR used for and how to use it?

The use cases for POWR may grow with the development of the crypto market and project progress. Currently, you can use POWR to:

Arbitrage trading of POWR

POWR is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many POWR trading pairs to suit your needs.

Earn yield with POWR

You can also lend out POWR or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your POWR gains.

Send or pay with POWR

If you want to pay someone with POWR, you can easily and quickly send POWR to them using their receiving address.

You can also visit the official website of Powerledger to learn more use cases of POWR, such as whether the Powerledger project supports community/eco apps or buying physical or virtual goods with POWR.