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SolarX Stock

SolarX

SXCH

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SolarX Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BitgetSXCH/USDT0.017,093.237,290.8653,866.090cex74/8/2025, 6:35 AM
MEXCSXCH/USDT059.4435.2853,486.920cex397/9/2025, 6:18 AM
TRIVSXCH/USDT0.018,615.818,855.8641.810cex73/19/2025, 7:03 AM
TRIVSXCH/IDR0.018,615.818,855.8600cex73/19/2025, 7:03 AM
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SolarX FAQ

What is the SolarX Blockchain?

SolarX distinguishes itself as the world's inaugural eco-friendly cryptocurrency miner harnessed by solar energy. By employing renewable energy sources for the mining process, it sets itself apart from other mining projects often plagued by high-energy usage and adverse environmental impacts. SXCH serves as the native token of the proprietary layer 1 SolarX blockchain integral to the SolarX ecosystem. The token is an ERC20/EVM compatible fork derived from Ethereum (ETH). Through the open-source SolarX blockchain, projects have the flexibility to leverage miners as nodes and can also mint and have their tokens mined by the SolarX mining community. Moreover, projects have the option to have their tokens mined within the SolarX ecosystem, thereby enhancing the overall security of the protocol. The miners function as nodes that fully confirm, construct, and approve transactions.

### Use Cases for SXCH SXCH serves several essential purposes within the SolarX ecosystem: - **Payment Method**: SXCH acts as a primary medium for transactions within the SolarX platform. Users can utilize SXCH tokens for purchasing solar energy or related services and products. - **Staking**: By staking SXCH tokens, holders can earn rewards and incentives. This feature not only encourages investment in the token but also strengthens network security and efficiency. - **Governance**: Token holders are granted voting rights on key changes and developments in SolarX's roadmap and policy frameworks. SXCH empowers the community by allowing involvement in decision-making processes. For additional information and real-time updates on SXCH, please refer to Eulerpool.

- Purchasing SolarX mining devices at a reduced cost. - Payment for subscription/trading of the fractionalized/tokenized mining farm, which encompasses not only SXCH miners but also environmentally friendly BTC and other POW miners. In the future, this will also incorporate traditional instruments that have been digitized. - Serving as a parent coin for the mining of new tokens on the SolarX blockchain. - Functioning as a utility token for the launchpad, aiding projects developed on the protocol to secure funding. - Serving as a utility token for a European-based cryptocurrency exchange.

Who are the Founders of the SolarX Blockchain?

The team at SolarX consists of Arben Syla and Blond Aliu. For further details, please refer to Eulerpool.

What is SolarX? SolarX is a cryptocurrency project that aims to revolutionize the renewable energy sector through blockchain technology. It seeks to provide a decentralized platform that enhances transparency, security, and efficiency in the trading of solar energy. SolarX utilizes smart contracts to automate transactions and ensure fair pricing, making energy trading more accessible and equitable for all participants. For detailed information and analytics on SolarX, including current market data, visit Eulerpool.

SolarX (SXCH) stands out in the cryptocurrency sector by merging green energy with blockchain technology. Introduced in March 2023 and headquartered in Dubai, United Arab Emirates, SolarX is recognized as the world's first environmentally friendly cryptocurrency miner driven by solar energy. This novel initiative tackles the significant energy consumption and environmental challenges often linked with cryptocurrency mining. The SolarX blockchain operates as a layer 1 proprietary system, employing SXCH as its native token. This token is an ERC20/EVM compatible fork from Ethereum, facilitating smooth integration and operation within the ecosystem. Projects can take advantage of SolarX miners as nodes, enabling them to mint and mine their tokens through the SolarX community, thus boosting the security and efficiency of their protocols. SXCH has various applications within the SolarX ecosystem. It is used to purchase SolarX mining equipment at reduced prices, pay for subscriptions or trade fractionalized/tokenized mining farms, and serves as a parent coin for mining new tokens on the SolarX blockchain. Moreover, SXCH operates as a utility token for the launchpad, supporting projects in fundraising, and for a Europe-based crypto exchange. The SolarX initiative is led by Glenn Grant, a former Director at Kraken Digital Asset Exchange, along with co-founders Arben Syla and Blond Aliu. The team consists of experienced engineers, financial specialists, and marketing professionals, all essential to the project's strong foundation and forward-thinking path.

What is the underlying technology of SolarX?

SolarX (SXCH) represents a remarkable integration of blockchain technology and renewable energy. Fundamentally, SolarX operates on a Proof-of-Work (PoW) blockchain, distinguished by its exclusive use of green energy. This methodology incorporates Real-World Assets (RWA) into its framework, establishing SolarX as a leader in sustainable cryptocurrency mining. The project utilizes renewable energy resources, such as solar panels, to power its mining operations. This strategy not only minimizes the environmental impact commonly linked to cryptocurrency mining but also assures a sustainable and cost-efficient energy supply. The total supply of SolarX is limited to 400,000,000 tokens, marking it as the world's first solar-powered cryptocurrency mining initiative. SolarX's blockchain is a proprietary layer 1 blockchain integral to the SolarX ecosystem. Its native token, SXCH, is an ERC20/EVM-compatible fork of Ethereum (ETH), enabling smooth integration with existing Ethereum-based ventures and tools. The open-source characteristic of the SolarX blockchain allows external projects to employ the miners as nodes, mint tokens, and have their tokens mined by the SolarX community. Security is a critical focus for any blockchain, and SolarX addresses this through its PoW consensus mechanism. In this mechanism, miners resolve intricate mathematical equations to validate transactions and incorporate them into the blockchain. This process demands substantial computational input, complicating attempts by malicious actors to compromise the network. Furthermore, utilizing renewable energy sources for mining enhances the network's decentralization by reducing dependence on traditional power grids and their associated vulnerabilities. Within the SolarX ecosystem, miners function as fully confirming, constructing, and approving nodes, playing a vital role in upholding the blockchain's integrity and security. By engaging in the mining process, these nodes contribute to securing the protocol and maintaining transaction accuracy. SXCH boasts several applications within the SolarX ecosystem. It is usable for purchasing SolarX mining devices at reduced prices, paying for subscriptions or trading of fractionalized/tokenized mining farms, and serving as a parent coin for mining new tokens on the SolarX blockchain. Additionally, SXCH acts as a utility token for the launchpad, aiding projects developed on the protocol in capital raising, and supports a crypto exchange based in Europe. The leadership team of SolarX includes Glenn Grant, a former Director at Kraken Digital Asset Exchange, alongside co-founders Arben Syla and Blond Aliu. The team comprises experienced engineers, financial specialists, and marketing professionals, collaboratively advancing the SolarX initiative. Through the fusion of renewable energy and blockchain technology, SolarX not only tackles the environmental issues related to traditional cryptocurrency mining but also offers a robust and secure platform for decentralized applications and tokenized assets.

What practical applications does SolarX have in real-world scenarios?

SolarX (SXCH) is an innovative cryptocurrency that utilizes renewable energy sources, primarily solar power, to transform the mining process. This environmentally friendly strategy effectively addresses the high-energy consumption and ecological impact typically associated with conventional cryptocurrency mining. A key real-world application of SolarX is its use in promoting sustainable and cost-effective mining. By harnessing solar energy, SolarX significantly reduces the carbon footprint of mining operations, supporting environmental sustainability. This focus on eco-friendliness is particularly relevant as global efforts to reduce air pollution and tackle climate change intensify. In the blockchain ecosystem, SolarX is instrumental in asset management. The SXCH token can be used to purchase SolarX mining devices at a discounted rate, making eco-friendly mining accessible to both individuals and businesses. Moreover, the token acts as a payment method for subscriptions and trading of fractionalized or tokenized mining farms, which not only include SXCH miners but also incorporate other environmentally conscious Proof-of-Work (PoW) miners. An additional significant application of SolarX is its role in the launchpad for new projects. The SXCH token aids projects built on the SolarX protocol in fundraising, fostering an environment conducive to innovation and development within the blockchain space. This launchpad functionality enhances the overall security of the protocol by incorporating new projects into the SolarX ecosystem. SolarX miners also function as fully confirming, constructing, and approving nodes within the blockchain network. This decentralized approach ensures the security and integrity of the blockchain, while encouraging a community-driven mining process. Projects have the option to have their tokens mined within the SolarX ecosystem, thereby benefiting from its sustainable and efficient mining infrastructure. Additionally, the SXCH token is utilized as a parent coin for mining new tokens on the SolarX blockchain. This feature supports the expansion and diversification of the blockchain ecosystem, accommodating a wide array of projects and applications. SolarX's dedication to sustainability and innovation establishes it as a leader in the cryptocurrency domain, providing practical solutions that align with global environmental objectives.

What are the key events associated with SolarX?

SolarX, identified by the ticker SXCH, has established a unique position within the cryptocurrency sector by integrating solar energy with blockchain technology. This pioneering approach seeks to address the environmental concerns of traditional cryptocurrency mining, often criticized for its substantial energy consumption. A significant milestone for SolarX occurred with the launch of SolarX Miners on May 10. This event marked the debut of eco-friendly mining devices powered by solar energy, setting a new benchmark in the industry. These miners not only minimize carbon emissions but also function as fully confirming, constructing, and approving nodes within the SolarX blockchain ecosystem. Another critical advancement was the announcement of SolarX XChain on July 20, 2023. This introduction added a new dimension to the SolarX ecosystem, enhancing its functionality and expanding its utility. The SolarX XChain enables projects to use miners as nodes, mint tokens, and secure the protocol, thus strengthening a more robust and decentralized network. SolarX has also gained attention through its presence on major platforms. An article on Binance Square highlighted SolarXchain, emphasizing its innovative approach and potential industry impact. This exposure has contributed to SolarX's recognition and credibility within the cryptocurrency community. Moreover, SolarX has made strategic modifications to its online presence. The company has updated its URL and actively maintains profiles on Twitter and GitHub. These platforms are crucial for communication and collaboration, enabling the community to stay updated on the latest developments and contribute to the project's advancement. The SolarX blockchain, utilizing its native token SXCH, is an ERC20/EVM compatible fork from Ethereum. This compatibility ensures seamless integration with the SolarX ecosystem, allowing projects to use miners as nodes and mint tokens. The SXCH token serves multiple purposes, including purchasing SolarX mining devices at discounted rates, paying for subscriptions and trading of fractionalized/tokenized mining farms, and acting as a utility token for a European-based crypto exchange. The leadership team at SolarX significantly contributes to its success. Led by Glenn Grant, a former Director at Kraken Digital Asset Exchange, the team comprises veteran engineers and financial experts. Co-founders Arben Syla and Blond Aliu bring their expertise to the venture, further reinforcing the project’s foundation. SolarX has also been active in securing funding and partnerships, participating in industry events, and demonstrating its potential to investors and stakeholders. Recent financial reports reveal significant investments and a positive outlook for the company’s future, highlighting its dedication to innovation and sustainability. Through these pivotal developments and strategic initiatives, SolarX continues to redefine possibilities at the convergence of renewable energy and blockchain technology.

Who are the founders of SolarX?

SolarX (SXCH) represents an innovative step forward as an eco-friendly cryptocurrency miner utilizing solar energy. The project was co-founded by Glenn Grant, Olivier Hernandez, and Eddy Hernandez. Glenn Grant, with his background as a former Director at Kraken Digital Asset Exchange, offers deep expertise in digital assets and blockchain technology. Olivier Hernandez and Eddy Hernandez, both experienced engineers, joined forces with Grant to create this venture. Together, their combined skills in engineering, finance, and marketing enable SolarX to adopt a groundbreaking strategy in employing renewable energy for cryptocurrency mining.

Investors interested in SolarX are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.