Solar Price (SXP)

Solar (SXP) is a blockchain platform built to be transparent, efficient, and guided by its community. Unlike many projects that rely heavily on external control, Solar operates as an independent ecosystem where users help shape the network’s direction.

It is powered by a Delegated Proof of Stake mechanism, which allows 53 elected validators to process transactions quickly while keeping the network secure. This design helps maintain speed and stability without sacrificing decentralization.

The core of Solar revolves around its native token, SXP, which is used for paying transaction fees, staking, and participating in governance decisions. Token holders can vote for validators, propose network changes, and play a direct role in how the project evolves. This approach creates a sense of shared ownership among its users rather than treating them as passive participants.

Solar also integrates a token-burning system that removes a portion of transaction fees from circulation. This mechanism helps balance supply and supports a healthier token economy over time. The network continues to evolve through constant updates, including upcoming features such as the Solar Virtual Machine, which will allow developers to build decentralized applications directly on its blockchain.

Overall, Solar positions itself as a reliable and open platform designed for both developers and everyday users by combining fast transactions, user participation, and continuous innovation.