Price
$0.24346
24h% change
16.9%
Volume (24h)
$12.077M
Market Cap
$128.771M
Powerledger (POWR) stands as a technological firm dedicated to crafting software solutions for distributed and decentralized energy markets, contributing to a sustainable future. The company has successfully developed a blockchain-based platform designed to facilitate the tracking and trading of energy, flexibility services, and environmental commodities. The ultimate aim is to establish a modernized, market-centric grid that empowers consumers with energy choices, thereby fostering the democratization of power.
Based in Australia, Powerledger boasts a global presence with over 30 clients spanning across 11 countries and representatives around the world. The company operates on dual blockchain layers, utilizing two tokens—Powerledger (POWR) and Sparkz tokens. The platform leverages the public Ethereum blockchain alongside a private consortium blockchain known as EcoChain™.
The POWR token, an ERC-20 token, functions as a license essential for various businesses, including utilities, renewable energy operators, microgrids, entities committed to 100% renewable energy, and property developers, granting them access to Powerledger’s platform. The POWR token is traded through the Ethereum Smart Bond exchange.
In response to the growing global shift, with 30 countries achieving grid parity by 2015, indicating that solar-generated energy costs were equal to or lower than local retail electricity costs, Powerledger strategically combines renewable energy with blockchain technology. This synergy enables the delivery of energy solutions that are not only more cost-effective but also more sustainable compared to traditional energy alternatives.
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Powerledger ’s historic highest price is $1.89, which was recorded on 7th of January 2018. Currently, Powerledger ’s price is %87.1 Lower than its historic high.
Powerledger ’s historic lowest price is $0.03263, which was recorded on 13th of March 2020. Currently, Powerledger ’s price is %646.2 Higher than its historic low.
Let's take a look at the important factors that impact Powerledger 's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.