Convert and Swap Solarcoin SLR to United States Dollar USD
SLR/USD: 1 Solarcoin equals $0.0176 USD
Solarcoin (SLR) is not tradable on Coinbase.
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Last update: 5:02 AM, February 6, 2025
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Solarcoin market latest
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Solarcoin is falling this week.
The current price of Solarcoin is $0.0176 per SLR. With a circulating supply of 64,813,806.782 SLR, it means that Solarcoin has a total market cap of $1,143,624.07. The amount of Solarcoin traded has fallen by $1,821.64 in the last 24 hours, which is a 38.28% decrease. Additionally, in the last day, $4,759.12 worth of SLR has been traded.
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About Solarcoin
SolarCoin (SLR) is a unique cryptocurrency that operates on the Ethereum platform. It aims to incentivize the production of solar energy, a renewable and sustainable source of power. SolarCoin's mission is to reduce the cost of electricity production by rewarding solar energy generators. The reward system operates on the principle of granting one SolarCoin for every 1 MWh of verified solar electricity production. This innovative approach seeks to encourage the use of solar energy, which is now the cheapest fuel in over 150 countries.
SolarCoin operates through a system of claims and rewards. Solar energy producers register their solar installations via their monitoring system or platform. Once registered, the monitoring system sends generation data to the SolarCoin Foundation, which then grants SolarCoins to the claimant's wallet at a rate of 1 SolarCoin per 1 MWh of verified electricity production. These SolarCoins can be saved, exchanged, or spent as the claimant wishes. SolarCoins are sent to addresses in digital wallets and can be used as currency. They can be traded for government currencies or spent at businesses that accept them.
SolarCoin's primary use case is to incentivize the production of solar energy. By rewarding solar energy producers with SolarCoins, it aims to reduce the cost of electricity production and promote the use of renewable energy. SolarCoin can also be used as a form of digital currency. It can be traded for government currencies or used to purchase goods and services from businesses that accept SolarCoins. Furthermore, SolarCoin can be saved in a digital wallet for future use, providing a potential long-term benefit for solar energy producers.
SolarCoin was launched in 2014 with a 40-year mission to incentivize solar electricity production. It operates on the Ethereum platform and has a current supply of over 98 billion coins, with approximately 65 million in circulation. In March 2021, the SolarCoin blockchain underwent a significant change, migrating to the Energy Web Chain. This change was implemented to improve the efficiency and sustainability of the SolarCoin project. The Energy Web Chain uses a validation process known as proof-of-authority, which requires much less energy expenditure and carbon emissions than traditional mining methods.
How Solarcoin and United States Dollar differ
SolarCoin (SLR) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. SolarCoin is a digital currency that operates on the Ethereum platform, aiming to incentivize the production of solar energy. It rewards solar energy generators with SolarCoins, striving to reduce the cost of electricity production and promote the use of renewable energy. SolarCoins can be saved, exchanged, or spent, much like traditional currency. On the other hand, the US Dollar is a government-issued and regulated fiat currency, widely accepted and used for all types of transactions worldwide. Unlike SolarCoin, the US Dollar does not directly incentivize any specific industry or environmental cause. Furthermore, SolarCoin's value can fluctuate based on market dynamics, while the US Dollar's value is relatively stable, backed by the economic strength and stability of the United States. Lastly, SolarCoin transactions occur on a decentralized network, eliminating the need for intermediaries, while US Dollar transactions often involve banks or other financial institutions.
Frequently asked questions
How much is 1 Solarcoin in USD?
Right now, 1 Solarcoin is worth about $0.0176.
How much SLR could I buy for 1 USD?
Based on the current rate, you could get 56.68 SLR for 1 USD.
How much has the price of Solarcoin changed?
Solarcoin price has been on the rise. Since yesterday, the exchange rate of Solarcoin has increased. Since last month, the exchange rate of Solarcoin has decreased. Since this time last year, the price of Solarcoin has decreased.
How do I calculate or convert SLR to USD?
You can use our SLR to USD calculator at the top of this page to convert any amount of SLR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 283.41 SLR. Inversely, 5 SLR will cost about $0.0882
How can I buy 1 Solarcoin on Coinbase?
Solarcoin can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Solarcoin.
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SLR to United States Dollar conversion tables
The exchange rate of Solarcoin is increasing.
The current value of 1 SLR is $0.02 USD. In other words, to buy 5 Solarcoin, it would cost you $0.09 USD. Inversely, $1.00 USD would allow you to trade for 56.68 SLR while $50.00 USD would convert to 2,834.13 SLR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.83%. Meanwhile, in the last 24 hours, the rate has changed by 0.64%, and that the the highest exchange rate of 1 SLR to United States Dollar was $0.0177 USD and the lowest 24 hour value was 1 SLR for $0.0175 USD. This time last month, the value of 1 SLR was $0.02 USD, which is a 14% increase from where it is now. Looking back a year, Solarcoin has changed by $0.04 USD. That means that in a single year, the value of Solarcoin has shrank by 52.79%.
SLR to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
$0.0175 USD | 0.64% | $0.0187 USD | -5.83% | $0.0205 USD | -14.00% | $0.0373 USD | -52.79% |
SLR to USD
Amount | Today at 5:02 am |
---|---|
0.5 SLR | $0.0088 |
1 SLR | $0.0176 |
5 SLR | $0.0882 |
10 SLR | $0.1764 |
50 SLR | $0.8821 |
100 SLR | $1.7642 |
500 SLR | $8.8210 |
1,000 SLR | $17.6421 |
USD to SLR
Amount | Today at 5:02 am |
---|---|
0.5 USD | 28.34 SLR |
1 USD | 56.68 SLR |
5 USD | 283.41 SLR |
10 USD | 566.83 SLR |
50 USD | 2,834.13 SLR |
100 USD | 5,668.26 SLR |
500 USD | 28,341.31 SLR |
1,000 USD | 56,682.62 SLR |
Today vs. 24 hours ago
Amount | Today at 5:02 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 SLR | $0.0088 | $0.0088 | +0.58% |
1 SLR | $0.0176 | $0.0175 | +0.58% |
5 SLR | $0.0882 | $0.0877 | +0.58% |
10 SLR | $0.18 | $0.18 | +0.58% |
50 SLR | $0.88 | $0.88 | +0.58% |
100 SLR | $1.76 | $1.75 | +0.58% |
500 SLR | $8.82 | $8.77 | +0.58% |
1,000 SLR | $17.64 | $17.54 | +0.58% |
Today vs. 1 month ago
Amount | Today at 5:02 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 SLR | $0.0088 | $0.0102 | -13.87% |
1 SLR | $0.0176 | $0.0205 | -13.87% |
5 SLR | $0.0882 | $0.10 | -13.87% |
10 SLR | $0.18 | $0.20 | -13.87% |
50 SLR | $0.88 | $1.02 | -13.87% |
100 SLR | $1.76 | $2.05 | -13.87% |
500 SLR | $8.82 | $10.24 | -13.87% |
1,000 SLR | $17.64 | $20.48 | -13.87% |
Today vs. 1 year ago
Amount | Today at 5:02 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 SLR | $0.0088 | $0.0186 | -52.64% |
1 SLR | $0.0176 | $0.0373 | -52.64% |
5 SLR | $0.0882 | $0.19 | -52.64% |
10 SLR | $0.18 | $0.37 | -52.64% |
50 SLR | $0.88 | $1.86 | -52.64% |
100 SLR | $1.76 | $3.73 | -52.64% |
500 SLR | $8.82 | $18.63 | -52.64% |
1,000 SLR | $17.64 | $37.25 | -52.64% |
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