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About ssv.network

SSV.network is a fully decentralized open Ethereum staking network. The network provides an open architecture for anyone who wants to run an Ethereum validator; from individual users to staking pools and large institutional staking services. SSV.network addresses the main concerns faced with Ethereum staking which include:

As the whitepaper states, stakers/validators, operators, and DAO (decentralized organization) members are the three fundamental foundations of the SSV Network. The operators in the SSV.network form the backbone of the decentralized staking ecosystem, allowing stakers to join the network. Apart from this, operators and stakers can play a dual function, staking ETH while supporting other users with their stake management. Anyone can join the DAO and play an important part in the network's governance. 

The first secure and robust mechanism to split a validator key for ETH staking between non-trusting nodes, or operators, is with Secret Shared Validators (SSV). The protocol allows for the control and functioning of an Ethereum validator to be distributed. The key is split so that no operator has to rely on the other to function and no operator can take control of the network arbitrarily. Decentralization, fault tolerance, and security for Ethereum staking are the results.

Furthermore, SSV is the native token of the platform. The token serves as the link between the community and the SSV ecosystem. SSV's two key use cases are payments and governance. 

Stakers who use the SSV.network platform pay operators in SSV. Each participating network operator can set its price point and compete with others. In exchange for a proportion of fees collected by operators going to the DAO treasury, the DAO decides on the percent payout in an open vote. Fundamentally, the more ETH traded in the network, the more fees operators and the DAO's treasury seek to receive. The DAO's treasury aims to promote the network's growth and development initiatives, seeking to result in a virtuous cycle of ETH inflows and SSV revenue.

Market

Market stats

Market cap

$431.3M

Volume (24h)

$19.5M

Circulating supply

10.0M SSV

All time high

$65.91

Market performance

Price change (1h)

+1.01%

Price change (1d)

+3.88%

Price change (1w)

+4.19%

Price change (2w)

-8.07%

Price change (1m)

-22.01%

Price change (1y)

+118.94%

News about ssv.network

Unchained • May 08, 24

Vitalik’s New EIP-7702 Draws Early Support; Could Be Included in Ethereum’s Next Hard Fork Upgrade

Ethereum Improvement Proposal (EIP)-7702 has seen increasing support among developers, builders, and researchers less than a day after Ethereum co-founder Vitalik Buterin and three additional authors proposed it, a potential sign the EIP will be included in the next hard fork upgrade.  EIP-7702 e...

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BeInCrypto • May 08, 24

UK Plans to Regulate Staking and Stablecoins

Economic Secretary Bim Afolami emphasizes the need for immediate legislation on stablecoins and staking in the UK, highlighting the urgency with looming elections.The post UK Plans to Regulate Staking and Stablecoins appeared first on BeInCrypto.

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BeInCrypto • May 08, 24

Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases

Alchemy Pay and Bitget partner, enabling users in India to buy cryptocurrencies with Indian Rupees (INR). This integration enhances convenience and expands services in Southeast Asia.The post Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases appeared first on BeInCrypto.

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CoinDesk • May 08, 24

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa

Ngako is speaker at this year's Consensus festival, in Austin, Texas, May 29-31.

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Decrypt • May 08, 24

Shark Cat Solana Meme Coin Fight Ends Without Legal Battle

Famed social media cat Nala is now the official face of Solana meme coin Shark Cat, thanks to a licensing deal that avoids a court fight.

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BeInCrypto • May 08, 24

Cardano Foundation Names Giorgio Zinetti CTO to Boost Open Source

Cardano Foundation appoints Giorgio Zinetti as CTO to spearhead growth and innovation in blockchain technology, enhancing open-source applications.The post Cardano Foundation Names Giorgio Zinetti CTO to Boost Open Source appeared first on BeInCrypto.

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ssv.network is on the rise this week.

The price of ssv.network has increased by 1.01% in the last hour and increased by 3.88% in the past 24 hours. ssv.network’s price has also risen by 4.19% in the past week. The current price is $43.12 per SSV with a 24-hour trading volume of $19.48M. Currently, ssv.network is valued at 34.58% below its all time high of $65.91. This all-time high was the highest price paid for ssv.network since its launch.

The current circulating supply of ssv.network is 10,000,000 SSV which means that ssv.network has as total market cap of 10,000,000.

FAQ

What is the current price of ssv.network?

We update our ssv.network to USD currency in real-time. Get the live price of ssv.network on Coinbase.

What is the market cap of ssv.network?

The current market cap of ssv.network is $431.34M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of ssv.network?

The all-time high of ssv.network is $65.91. This all-time high is highest price paid for ssv.network since it was launched.

What is the 24 hour trading volume of ssv.network?

Over the last 24 hours, the trading volume of ssv.network is $19.48M.

What other assets are similar to ssv.network?

Assets that have a similar market cap to ssv.network include Dash, Decentralized Social, Echelon Prime, and many others. To see a full list, see our comparable market cap assets.

How many ssv.network are there?

The current circulating supply of ssv.network is 10 million.

Can I buy ssv.network on Coinbase?

Yes, ssv.network is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy ssv.network guide.