Sologenic Price

Sologenic (SOLO) is a cryptocurrency launched in 2020 that operates on both the BNB Smart Chain (BEP20) platform and XRP Ledger. Currently ranked #303 with a price of $0.3822, it has shown a +19.39% change in the last 24 hours. Sologenic has a market cap of $152.57M with a 24-hour trading volume of $8.41M. The project focuses on tokenizing assets on the XRP Ledger, allowing users to invest in traditional financial assets using cryptocurrency. With a circulating supply of 399.19M SOLO and a maximum supply of 400M SOLO, Sologenic aims to bridge traditional finance with blockchain technology. Sologenic supports NFTs, DeFi applications, and tokenized stocks, making it a versatile platform in the crypto ecosystem. The token is part of both the XRP and BNB Chain ecosystems, enhancing its interoperability across blockchain networks.

Sologenic was created on March 2, 2020. It was launched as the native cryptocurrency of the Sologenic ecosystem, designed to power its decentralized exchange (DEX) and other platform services. Sologenic operates on both the XRP Ledger and BNB Smart Chain (BEP20) platforms, making it versatile across multiple blockchain environments.

The founders of Sologenic are Bob Ras and Reza Bashash. They established the project in 2019 with the vision to bridge traditional financial systems with cryptocurrencies through the XRPL network. SOLO was officially launched in 2020 and currently operates on both the BNB Smart Chain (BEP20) platform and XRP Ledger. The founders aimed to create an ecosystem that would tokenize traditional financial assets and enable trading on the blockchain.

Sologenic operates on a dual-blockchain system, functioning on both the XRP Ledger and BNB Smart Chain platforms. It uses a tokenized asset system that allows users to trade traditional financial assets and cryptocurrencies on the same network. The ecosystem enables the creation of tokenized assets that mirror real-world securities while maintaining regulatory compliance. The SOLO token serves multiple purposes within the ecosystem: it's used for transaction fees, provides governance rights, and enables participation in the platform's DEX (decentralized exchange). With a maximum supply of 400M SOLO tokens and a current circulating supply of 399.19M SOLO, SOLO maintains value through its utility and limited supply. Currently ranked #303 with a price of $0.3822, Sologenic has seen a +19.39% change in the last 24 hours with a trading volume of $8.41M. The platform continues to develop its ecosystem, focusing on bridging traditional finance with blockchain technology through its innovative tokenization model.

Sologenic operates on a dual-blockchain architecture, functioning on both the XRP Ledger and BNB Smart Chain (BEP20). This cross-chain implementation allows SOLO to leverage the speed and low transaction costs of the XRP Ledger while also benefiting from the smart contract capabilities of the BNB Chain ecosystem. The technical foundation of SOLO enables tokenization of assets, particularly for creating tokenized stocks and NFTs. With a maximum supply of 400M SOLO, SOLO utilizes a consensus mechanism that supports high throughput and quick settlement times. The architecture includes built-in DEX functionality, allowing users to trade tokenized assets directly on the platform. Sologenic's technical design prioritizes interoperability between blockchain networks, creating a bridge between traditional financial assets and the cryptocurrency ecosystem through its tokenization protocol.

Sologenic has a promising future with several key developments on its roadmap. The project aims to enhance its ecosystem by expanding DeFi capabilities, improving NFT functionality, and strengthening integration with the XRP Ledger and BNB Chain. Currently ranked 303 with a price of $0.3822, SOLO is showing positive momentum with a +19.39% change in the last 24 hours. The team plans to release new tokenized asset features by 2026, implement cross-chain bridges by 2027, and achieve full decentralized exchange capabilities by 2030. Market analysts project SOLO could reach approximately $3.42 by mid-decade in bullish scenarios, driven by increased adoption and ecosystem growth. With a current market cap of $152.57M and a maximum supply of 400M SOLO, Sologenic is positioned to benefit from the growing interest in tokenized assets and DeFi solutions within the XRP ecosystem.