Could you please elaborate on the nature of SolarCoin and clarify whether it falls into the category of cryptocurrencies? I'm interested in understanding if SolarCoin possesses the key characteristics that define a cryptocurrency, such as decentralized ledger technology, cryptographic security, and the ability to facilitate peer-to-peer transactions. Additionally, I'd like to know if SolarCoin has any specific use cases or incentives tied to renewable energy projects, given its name suggests a potential 
LINK to solar energy. Clarifying this would greatly assist in determining whether SolarCoin indeed qualifies as a cryptocurrency.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    CherryBlossomDance
    Wed Jul 24 2024
   
  
    The last recorded price of SolarCoin is 0.00436003 USD, indicating its current market value.
  
  
 
            
            
  
    
    ZenFlow
    Wed Jul 24 2024
   
  
    SolarCoin, abbreviated as SLR, is a digital currency operating within the Ethereum ecosystem.
  
  
 
            
            
  
    
    Nicola
    Wed Jul 24 2024
   
  
    The current supply of SolarCoin stands at a remarkable figure of 98,035,260,984.55385 units. 
  
  
 
            
            
  
    
    Federico
    Wed Jul 24 2024
   
  
    However, only a portion of this total supply is actively circulating in the market, specifically 64,835,375.67112732 SLR.
  
  
 
            
            
  
    
    Riccardo
    Tue Jul 23 2024
   
  
    In the past 24 hours, SolarCoin has experienced a positive price movement, appreciating by 0.64%.