$SXP
As of early 2026, SXP (Solar) is in a critical transitional phase. Once known as Swipe (before being acquired by Binance and later rebranding to Solar), the project has shifted from a crypto-payment focused service to a Layer-1 blockchain utilizing a Delegated Proof of Stake (DPoS) consensus.
Current Market Status (February 2026)
Price Action: SXP has faced significant downward pressure over the last year, recently hitting new local lows near $0.020. This is a stark contrast to its 2021 all-time high of $5.86.
Liquidity Challenges: A major headwind for SXP is its recent delisting from major South Korean exchanges (Upbit, Bithumb, and Coinone) in March 2025/early 2026. This was cited due to transparency and disclosure issues, which has severely impacted its trading volume and investor confidence.
Market Position: With a market cap hovering around $13M – $17M, SXP has moved out of the top rankings and is currently fighting for relevance in a highly competitive Layer-1 landscape.
Core Utility & Ecosystem
Despite the market struggles, the Solar Network continues technical development:
Solar Core 5.0: The team has been working on a major infrastructure upgrade (90% complete as of late 2025) aimed at improving network stability and performance.
Solar Card & e-SIM: The project is attempting to bridge the gap between crypto and real-world utility through the Solar Card V3 (with IBAN accounts) and an e-SIM solution for travelers.
Gaming (Tymt): SXP serves as the primary currency for the Tymt game launcher, part of their strategy to build a "metaverse" and gaming ecosystem. #sxp #bnb #BTC #ETH #sol