$0.00
Electroneum Price | $0.00 |
24h High / 24h Low | $0.00 / $0.00 |
Trading Volume | $731,175.00 |
Price Change (24h) | $0.00 |
Price Change Percentage (24h) | 4.048% |
Market Cap Rank | #678 |
Market Cap | $64,981,930.00 |
Market Cap Change (24h) | $2,482,659.00 |
Market Cap Change Percentage (24h) | 3.972% |
Volume / Market Cap | 0.0113 |
All-Time High | $0.21 |
All-Time Low | $0.00 |
Electroneum (ETN) is a mobile-first cryptocurrency launched in 2017 to enable instant micropayments and financial inclusion for unbanked populations. Electroneum simulates “mobile mining” in its app without draining resources and integrates an Instant Payment System (IPS) for merchant transactions.
Electroneum was founded by Richard Ells and built by the Electroneum team in the UK, aiming to bridge the gap between emerging-market users and blockchain technology.
Its mobile mining simulation, Instant Payment System, and mobile top-up integrations are tailored for underserved regions.
The network migrated to a Proof-of-Stake consensus in its v2 upgrade, where staked ETN secures transactions. This shift from CryptoNight PoW reduced energy usage and improved scalability, while centralized checkpoints maintain network integrity during the transition.
Electroneum powers micropayments for mobile services, remittances, and low-value digital goods, targeting emerging markets where smartphone penetration outpaces bank access.
Guided by governance proposals; upgrades are coordinated by the Electroneum team with plans for greater decentralization.
Telecom partners, mobile top-up vendors, and digital service providers hold significant Electroneum to facilitate prepaid services and merchant payments.
Explore the economic structure behind Electroneum. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand Electroneum's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.