Syscoin (SYS) Price

Syscoin Price

0.00USD
Market Cap
$1.55M
0.00% dominance
24h Volume
$90.8K
Vol/MCap: 0.0588
Fully Diluted Valuation
$1.46M
Circulating Supply
904.96M SYS
100%Max: 891.04M
24h Range
$0.001609
$0.002442
All-Time Range
$0.0002097
$1.30

Technical Analysis

Daily indicators based on 1d candle data

Signal
Strong Sell
RSI (14)Neutral
38.7
03070100
MACDBearish
MACD Line-0.0003
Signal Line-0.0003
Histogram-0.0001
Bollinger Bands Width: 24.91%
Upper0.01171
Middle (SMA 20)0.01041
Lower0.009116
Price Position in Bands
Moving Averages
SMA 20
0.01041Sell
SMA 50
0.01104Sell
SMA 200
0.01949Sell
EMA 12
0.01033Sell
EMA 26
0.01067Sell
Volatility (20d)
131.0%
Annualized
ATR (14)
0.001035
Average true range (daily)

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

ExchangeMarket PairPriceDepth +2%Depth -2%Volume 24HVolume %TypeLiquidity RatingFreshness
BinanceSYS/USDT0.0433,975.3455,200.981.47 M0.01cex517.007/9/2025, 6:23 AM
MEXCSYS/USDT0.0427,102.3857,903.68900,206.140.03cex472.007/9/2025, 6:18 AM
XXKKSYS/USDT0.0423,243.9218,352.80894,627.620.06cex35.007/9/2025, 6:21 AM
HTXSYS/USDT0.041,143.9519,333.02825,184.070.04cex313.007/9/2025, 6:23 AM
BYDFiSYS/USDT0.04758.141,656.31729,681.130.50cex34.007/9/2025, 6:21 AM
LBankSYS/USDT0.043,323.227,774.18708,051.950.04cex261.007/9/2025, 6:21 AM
GateSYS/USDT0.0429,112.6830,140.40296,312.730.01cex442.007/9/2025, 6:23 AM
SuperExSYS/USDT0.040.708.72225,260.410.00cex1.007/9/2025, 6:18 AM
Nonkyc.io ExchangeSYS/USDT0.041,381.831,425.65165,609.000.52cex156.007/9/2025, 6:21 AM
BitKanSYS/USDT0.0420,340.9238,932.30128,155.460.08cex318.007/9/2025, 6:24 AM

Syscoin FAQ

Syscoin was established in 2014 by Sebastian Schepis, who is one of the co-founders of the company responsible for creating what eventually became the Oracle Project Manager, an enterprise management system. Following the success of Project Manager, Sebastian went on to provide consultancy services for major corporations such as Lockheed-Martin, Bank of America, General Dynamics, Verizon Wireless, and several others. Currently, Syscoin is an open-source project overseen by the non-profit Syscoin Foundation. The foundation's board includes Jagdeep Sidhu, who serves as the Foundation President and Lead Developer, and Michiel Näring, the Vice President of the Syscoin Foundation. SYS Labs, a private enterprise, spearheads the development of key applications and systems built on the Syscoin platform. Their projects include Rollux (OPStack L2), SuperDapp, Pegasys DAO (a decentralized exchange), and Luxy (an NFT marketplace).

Syscoin uniquely integrates the most robust elements of Bitcoin and Ethereum within a unified platform. Its layer 1 consensus is rooted in Bitcoin's SHA-256 PoW model, enabling merged mining with Bitcoin. This allows miners to mine both BTC and SYS simultaneously at no additional cost. When comparing Syscoin's hashrate to Bitcoin's, it typically reflects that over 50% of Bitcoin's hashrate also mines Syscoin, supported by several prominent Bitcoin pools. Syscoin enhances decentralized finality atop the Nakamoto consensus, effectively mitigating the risks associated with 51% attacks typically linked with PoW while maintaining the fundamental Nakamoto consensus. Additionally, Syscoin is a modular layer 1 that accommodates both optimistic and ZK rollups, offering them a cost-effective, censorship-resistant data availability service known as PoDA. The first layer 2 constructed on Syscoin is Rollux, a fork of Optimism and an EVM-equivalent optimistic rollup launched by SYS Labs on June 28, 2023. Rollux is the main growth area for Syscoin's ecosystem, providing scalability with swift and low-cost user experiences. In summary, Syscoin's current technology effectively delivers what Ethereum aims to achieve in the future with its modular roadmap, including data availability, while preserving Bitcoin's Proof-of-Work. The network employs incentivized full nodes (masternodes) to facilitate multi-quorum chainlocks for finality. For detailed information on the incentives and requirements for operating a Syscoin masternode, visit sysnode.info. Regarding Syscoin's overall layer 1 architecture, it is dual-chain with a modular, rollup-centric design. This architecture comprises an Ethereum-based blockchain named Network Enhanced Virtual Machine (NEVM), launched on December 6, 2021, which is compatible with any smart contracts or rollups created for Ethereum. The second component, Syscoin UTXO or "Syscoin Native", is a Bitcoin-based blockchain supporting taproot, data availability, a token platform accommodating ordinals, both fungible and non-fungible tokens, a proprietary DAG protocol known as Z-DAG, among other features. This architecture empowers users and developers to harness the strengths of each "gold standard" model (Bitcoin and Ethereum), fostering new synergies between them, such as PoDA, when beneficial. Both Syscoin blockchains, along with Rollux, utilize SYS as their native currency. SYS is a utility-focused coin based on EIP-1559. SYS holders can transfer SYS between these chains via the Syscoin Bridge and the Rollux Portal.

Syscoin (SYS) serves as the indigenous token for the Syscoin platform. Its tokenomics adopt Ethereum’s EIP-1559 proposal, featuring an unlimited maximum supply. The supply of SYS is regulated through protocol emission and the deflationary burning of transaction fees. As of the latest update, Syscoin’s circulating supply stood at 751,391,717 SYS.

Syscoin is available for purchase and trading on a variety of cryptocurrency exchanges, such as Binance, MEXC Global, KuCoin, Bitmart, Huobi, and Gate.io. Interested in monitoring live SYS prices? Download the Eulerpool mobile app.

Pali Wallet is Syscoin's proprietary Web3 wallet, designed to be open-source, self-custodial, and compatible with multiple blockchain networks. It is accessible as a browser plugin via the Chrome Store and can be downloaded for mobile devices from Google Play and the Apple App Store. Syscoin offers a comprehensive selection of wallets, including mobile, browser, desktop, and hardware wallets. In addition to Pali, Syscoin is compatible with Metamask, Klever Wallet, among others. Syscoin primarily endorses the Pali Wallet browser extension as it supports all Syscoin networks (UTXO, NEVM, and Rollux) and delivers a seamless user experience. In contrast, other wallets may have limited compatibility with Syscoin chains. For instance, Metamask only supports Syscoin NEVM and Rollux.

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