What is SYLO(SYLO)?

Basic information about SYLO

Coin name:

Sylo

Coin symbol:

Coin introduction:

The Sylo Protocol provides confidential communication as a utility to the Sylo Confidential Communication App. The protocol acts as the confidential networking layer for the Sylo App, creating P2P connections and providing a way for users to interact and exchange data confidentially. The Sylo Protocol is being developed to provide fully decentralised confidential communication as a utility to all connected-apps within the Sylo ecosystem. Powered by blockchain and combined with other decentralised technologies, this Protocol will act as the networking layer for the Sylo DApp and 3rd-party connected-apps, while providing charging options for specific communications and services over the network. The fully decentralised Sylo DApp will be the 1st application built on the blockchain-based Sylo Protocol, using technology already commercialised in the Sylo App that’s currently used by thousands globally, available on Apple Store and Google Play Store. The Sylo DApp will be released in public beta in Q4 this year. Sylo is a decentralised communication and data exchange network powered by a layer 2 micropayments infrastructure and the $SYLO token. User-run Service Peers provide infrastructure to the network which allows developers and businesses to run privacy-first, unstoppable apps without deploying any infrastructure of their own. A staking architecture and unique probabilistic ticketing solution ensure minimal transaction fees and limitless scalability. This scalability is already on show within the projects flagship app, the Sylo Smart Wallet; a decentralised, private messenger and crypto wallet with over a quarter million users.

Current Price:

$0.000003More coin details

All-time high:

$0.01

All-time low:

$0.000003

SYLO Supply Info and Tokenomics

Circulating supply:

6,419,652,099

Total supply:

10,000,000,000

Max supply:

10,000,000,000

Market cap:

$19.32K

Fully diluted valuation:

$30.10K

What is the outlook and future value of SYLO?

The current market cap of SYLO is $19.32K, ranked 9484 in the market, showing that the market already recognizes the value of SYLO. When a bull market arrives, the market cap of SYLO may continue to grow.

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

What is the price of SYLO in 2027?

According to the historical price performance prediction model of SYLO, the price of SYLO is expected to reach $0.000003 at 2027.

Note: As with any crypto investment, investors should closely monitor SYLO’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 SYLO?

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

Learn how to get Hot rewards for free with SYLO.

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

Join LBank Launchpad to get SYLO airdrops for free.

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

Buy SYLO starting from $1

What is SYLO used for and how to use it?

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

Arbitrage trading of SYLO

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

Earn yield with SYLO

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

Send or pay with SYLO

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

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