STP price
Current price
$0.0552
−2.25% 24h
Live Updated just now
Today STP falls 2.2%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour −0.90%
- 24 hours −2.25%
- 7 days −10.84%
- 30 days −10.53%
- 1 year +2.82%
STP's move in context
Lagging the market today
−2.25% in 24 hours against −1.02% for the market as a whole, a gap of 1.2 points. Small gaps like this are common, so they don't point to anything specific.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$62.63K traded in the last 24 hours on the exchanges we read, close to its usual day.
- The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. Gaps under 1% are everyday: fees and the gap between buying and selling prices take up most of them.
STP's last prices on 2 exchanges we read are within 0.22% of each other, so the price above isn't one exchange's quirk.
Part of a slide
−10.8% over 7 days and −10.5% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade STP
Prices agree within 0.22% across these 2 exchanges.
- MEXC Most traded STPT/USDT $55.09K 24h volume Last price $0.0554 +0.33% vs our price
- Gate.io STPT/USDT $7.54K 24h volume Last price $0.0553 +0.11% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About STP
Overview
STP, short for Standard Tokenization Protocol, aims to simplify and enhance the tokenization of assets across various industries. Its core mission is to provide a seamless framework that enables businesses and individuals to create, manage, and exchange tokenized assets in a secure and efficient manner. This protocol distinguishes itself from other cryptocurrencies by focusing on regulatory compliance and enabling interoperability between different blockchain platforms. STP seeks to bridge gaps in traditional finance and the decentralized world, making it an essential tool for tokenization in a globalized economy.
Technical Features
STP employs a unique consensus mechanism known as Proof of Authority (PoA), which allows for fast transaction processing while ensuring high levels of security and governance. This mechanism is particularly beneficial for enterprise solutions where transactions need to be verified quickly and efficiently. Additionally, STP utilizes advanced cryptographic techniques to secure data on the network, ensuring that all transactions are immutable and transparent. The network architecture features a multi-layered design that enhances scalability and facilitates inter-chain communication, allowing STP to interact seamlessly with other blockchains. Furthermore, STP integrates smart contract functionality to automate processes and reduce the need for intermediaries in various transactions.
Use Cases
STP's primary use cases revolve around the tokenization of real-world assets, making it highly relevant in decentralized finance (DeFi). Its framework enables the creation of digital tokens representing assets such as real estate, equity, and various commodities. For businesses, STP offers tools for tokenized fundraising through Initial Token Offerings (ITOs) and other crowdfunding mechanisms. Additionally, STP empowers governance models within projects, allowing stakeholders to vote on critical decisions directly. The protocol's capability to facilitate cross-border payments while ensuring compliance with local regulations makes it an appealing choice for international transactions. Lastly, STP supports the development of non-fungible tokens (NFTs), enabling unique digital assets to be created and traded efficiently.
Development Background
The Standard Tokenization Protocol was initiated by a collaborative effort among industry experts and blockchain enthusiasts who recognized the need for a standardized approach to asset tokenization. Significant contributors include technology developers from various sectors, including finance, law, and blockchain expertise. Since its inception, STP has undergone several significant milestones, including partnerships with regulatory bodies to ensure compliance and a series of successful pilot projects that showcased its technical capabilities. The foundation of STP has continuously evolved, responding to emerging trends and market demands while maintaining a strong commitment to security and compliance.
Community and Ecosystem
STP has cultivated a vibrant ecosystem that includes developers, businesses, and investors who contribute to its ongoing growth. The community actively participates in discussions, development initiatives, and testing of new features through various forums and social media channels. Partnerships with leading technology firms and financial institutions enhance the robustness of the STP ecosystem, fostering an environment where innovative applications can thrive. Numerous projects have been built on top of the STP framework, creating a diverse range of services including decentralized exchanges, asset management tools, and analytic platforms that leverage STP's capabilities.
Future Potential
The future potential of STP rests on its ability to adapt to the rapidly evolving landscape of blockchain and tokenization. As businesses increasingly recognize the benefits of digital assets, STP is well-positioned to play a crucial role in mainstreaming asset tokenization. The roadmap for STP includes advancements in its protocol, expanding interoperability features, and enhancing user experience. Upcoming developments also aim to strengthen its governance model, ensuring stakeholders remain pivotal in shaping the protocol’s future. Additionally, the ongoing journey towards regulatory acceptance in multiple jurisdictions hints at a promising outlook for widespread adoption, ultimately revolutionizing how assets are shared and traded globally.
STP market
- Position by market cap among the coins we track whose circulating supply is checked.
- #133
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $110.42M
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $62.63K
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.0528 High $0.0572
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $0.2701
- Now 20% of it Reached 6 Oct 2021 · Needs +389% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 2B STPT
- 103% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 1.94B STPT
- The most coins that can ever exist. Some coins have no limit.
STP converter
1 STP = $0.0552
