ssv.network Reaches Self Reported Market Cap of $49.46 Million (SSV)

ssv.network (SSV) traded up 0.2% against the US dollar during the 1-day period ending at 9:00 AM Eastern on February 13th. One ssv.network token can now be bought for $3.05 or 0.00004526 BTC on popular cryptocurrency exchanges. ssv.network has a market cap of $49.46 million and approximately $12.68 million worth of ssv.network was traded on exchanges in the last day. During the last seven days, ssv.network has traded 10.5% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 up 1.2% 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.6% lower against the dollar and now trades at $66,673.40 or 0.99077245 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 16,439,375 tokens and its circulating supply is 16,239,375 tokens. ssv.network’s official message board is ssv.network/blog. The official website for ssv.network is ssv.network. ssv.network’s official Twitter account 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.”

Buying and Selling ssv.network

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

SSV/USD price chart by TradingView