Market Rank | #3831 |
---|---|
Market Cap | $ 1.0M |
Volume 24h | $ 379.2 |
Circ. Supply | 541.5M |
Total Supply | 541.5M |
Max Supply | ? |
Genesis Date | 19/10/2017 |
At the time of writing, the current price of Aion (AION) is $ 0.00189085. The price has increased by +21.94% in the last 24 hours. It's important to note that the market fluctuates, and the price can change rapidly.
Aion is an innovative multi-tier blockchain platform designed to solve the significant issue of decreased operability between existing blockchains, while still maintaining its capacity to manage its own applications. It has been developed to broaden the reach of multiple other blockchain platforms, as well as enterprise-oriented companies. Aion supports custom blockchain architectures and offers cross-chain interoperability, a feature that is increasingly relevant in a time when there is a rising number of blockchains.
Aion project was spearheaded by Matthew Spoke, the CEO of Nuco, and a board member on the EEA. Other key players include Jin Tu, Nuco’s CTO, carrying over 15 years of experience in enterprise engineering and over four years in the blockchain industry; and Peter Vessenes, a co-founder of the Bitcoin Foundation.
Aion's native token, AION, powers the blockchain. It is primarily used for securing the network, creating new blockchains, and monetizing inter-chain bridges.
Initially, the AION token is offered as an ERC-20 token on the Ethereum blockchain, after which it can be converted to the official AION network token. This allows the token to flow freely between the two blockchains. Importantly, investors are not required to swap their Aion Ethereum token (ERC-20) for the Aion-1 token, as they will always remain interchangeable.
Aion's unique approach to solving interoperability issues sets it apart from other cryptocurrencies. This feature makes Aion a potentially invaluable asset to the ever-growing cryptosphere, as it seeks to enhance connectivity and cooperation among different blockchain platforms.
As of now, the circulating supply of Aion is 541.5M while its total supply is 541.5M. These figures are essential to understand the market dynamics of AION and its potential price behavior.
To buy AION, you would first need to purchase another cryptocurrency, such as Bitcoin or Ethereum. Fortunately, AION is supported by several popular crypto exchanges listed on the Binance, Beaxy, KuCoin. Please remember, investment in cryptocurrencies always comes with its set of risks, so always make informed decisions.
While the market popularity of a cryptocurrency does not necessarily define its success, the fact that Aion aims to solve a pressing issue in the cryptosphere - interoperability, suggests a positive outlook on its prospects. However, as with all cryptocurrencies, its future success cannot be guaranteed.
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