$9.17
Chia Price | $9.17 |
24h High / 24h Low | $9.18 / $9.89 |
Trading Volume | $7,371,528.00 |
Price Change (24h) | -$0.64 |
Price Change Percentage (24h) | -6.503% |
Market Cap Rank | #402 |
Market Cap | $134,422,863.00 |
Market Cap Change (24h) | -$8,929,623.14 |
Market Cap Change Percentage (24h) | -6.229% |
Volume / Market Cap | 0.0548 |
All-Time High | $1,645.12 |
All-Time Low | $8.81 |
Chia (XCH) is an eco-friendly blockchain launched in 2021 that uses Proof of Space and Time (PoST), enabling users to “farm” coins using unused hard drive space instead of energy-intensive mining.
Founded by Bram Cohen, the inventor of the BitTorrent protocol, and developed by Chia Network Inc. to address PoW’s environmental impact and centralization trends.
Uses disk space instead of electricity for consensus, making it one of the most environmentally sustainable blockchains.
Security is guaranteed by Farmers’ Proofs of Space (plot challenges) and sequential Verifiable Delay Functions (Proof of Time), which together ensure plot integrity and block timing without external randomness.
Positions itself as an eco-friendly blockchain for asset issuance, DeFi, and smart transactions via Chialisp, targeting institutional and sustainable-tech use cases.
Protocol updates are governed by Chia Improvement Proposals (CIPs) and rolled out via soft forks, with plot compatibility maintained across upgrades to prevent replotting.
Major Chia holders include Chia Network treasury, institutional farming pools, and archival storage providers operating large-scale farm operations.