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What is SYS?

What is SYSCOIN(SYS)?

Basic information about SYS

Coin name:
Syscoin
Coin symbol:
Coin introduction:
What Is Syscoin (SYS)? Founded in 2014 as a fork of Bitcoin, Syscoin (SYS) is a trailblazing blockchain network that synergizes the robust security of Bitcoin's Proof of Work (PoW) consensus algorithm with the versatility of Ethereum's smart contract functionality. Syscoin is not just a blockchain; it's a full-stack, modular ecosystem that includes Rollux, the industry's most competitive EVM Layer 2 rollup solution. Due to its modularity, it is worth noting that Syscoin has three chains, its UTXO and [N]EVM chains comprise its Layer 1, and its Layer 2 currently consists of Rollux. Rollux sets a new standard for Ethereum-compatible dApps by being the only EVM L2 secured by Bitcoin through merged mining. It's grounded in OP Stack and features PoDA (Proof-of-Data Availability), the most advanced data availability solution in the industry. This unique architecture makes Rollux the most secure, performant, affordable, and scalable rollup for Ethereum-compatible dApps. Syscoin aims to be at the forefront of smart contract applications, spanning Metaverse, IoT, Smart Cities, and even interplanetary economies. Looking forward, its roadmap is rich with cutting-edge technologies, including various ZK technologies like rollups, and DAOSYS—a revolutionary DAO model designed for governance-free treasury management and self-sovereignty for all participants. Envisioning a world with unprecedented financial inclusion, Syscoin seeks to empower every individual and business to benefit from Web3 and beyond. It brings together the capabilities of Ethereum and the original vision of Satoshi Nakamoto for Bitcoin, opening up unparalleled possibilities for a decentralized future. Syscoin offers its unique version of EVM, known as Network Enhanced Virtual Machine (NEVM), allowing it to host Ethereum-compatible smart contracts and rollups. In addition to Rollux, Syscoin features other Layer-2 solutions like Z-DAG and the Syscoin Bridge, further enhancing its scalability, interoperability, and performance.
Current Price:
All-time high:
$1.30
All-time low:
$0.000210

SYS Supply Info and Tokenomics

Circulating supply:
911,516,465
Total supply:
911,553,659
Max supply:
--
Market cap:
$2.08M
Fully diluted valuation:
$2.08M

What is the outlook and future value of SYS?

The current market cap of SYS is $2.08M, ranked 2553 in the market, showing that the market already recognizes the value of SYS. When a bull market arrives, the market cap of SYS may continue to grow.

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

What is the price of SYS in 2027?
According to the historical price performance prediction model of SYS, the price of SYS is expected to reach $0.002401 at 2027.

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

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

Learn how to get Hot rewards for free with SYS.

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

Join LBank Launchpad to get SYS airdrops for free.

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

Buy SYS starting from $1

What is SYS used for and how to use it?

The use cases for SYS may grow with the development of the crypto market and project progress. Currently, you can use SYS to:
Arbitrage trading of SYS
SYS is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SYS trading pairs to suit your needs.
Earn yield with SYS
You can also lend out SYS or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SYS gains.
Send or pay with SYS
If you want to pay someone with SYS, you can easily and quickly send SYS to them using their receiving address.

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

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