Nano
XNORank #510Updated . Prices are snapshots and may be delayed.
Nano price chart (XNO)
AI Outlook for Nano
Bearish postureNano is in a bearish posture, with the long-term trend down 14.1% versus its 200-day average. The 30-day momentum is up 2.1% and the RSI sits at 44, while the price remains about 46.9% below its 52-week high.
- Long-term trend-14.9% vs 200-day average
- Medium-term trend-6.5% vs 50-day average
- Averages50-day below 200-day
- 3 more trend and momentum checks
- Nearby support and resistance levels
- What would strengthen or weaken the picture
Updated 5d ago. Posture describes where the price stands today, from its own trend and momentum. It is not a forecast, a price target or financial advice. How it is worked out
Nano price performance
About Nano (XNO)
Nano, a low-latency cryptocurrency built on an innovative block-lattice data structure offering unlimited scalability and no transaction fees. Nano by design is a simple protocol with the sole purpose of being a high-performance cryptocurrency. The Nano protocol can run on low-power hardware, allowing it to be a practical, decentralized cryptocurrency for everyday use. It uses an ORV (Open Representative Voting) consensus algorithm, which is similar to PoS (Proof of Stake) but without inflationary rewards not locking of the native coin XNO.
The original Nano (RailBlocks) paper and first beta implementation were published in December, 2014, making it one of the first Directed Acyclic Graph (DAG) based cryptocurrencies [6]. Soon after, other DAG cryptocurrencies began to develop, most notably DagCoin/Byteball and IOTA. These DAG-based cryptocurrencies broke the blockchain mold, improving system performance and security. Byteball achieves consensus by relying on a “main-chain” comprised of honest, reputable and user-trusted “witnesses”, while IOTA achieves consensus via the cumulative PoW of stacked transactions. Nano achieves consensus via a balance-weighted vote on conflicting transactions. This consensus system provides quicker, more deterministic transactions while still maintaining a strong, decentralized system. Nano continues this development and has positioned itself as one of the highest performing cryptocurrencies.
Nano is a trustless, feeless, low-latency cryptocurrency that utilizes a novel blocklattice structure and delegated Proof of Stake voting. The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput. All of this is achieved by having individual blockchains for each account, eliminating access issues and inefficiencies of a global data-structure. We identified possible attack vectors on the system and presented arguments on how Nano is resistant to these forms of attacks.
Check out CoinBureau for the complete review of Nano.
Where to trade Nano
| Exchange | Pair | Price | 24h volume |
|---|---|---|---|
| Binance | XNO/USDT | $0.3297 | $92.53K |
| KuCoin | XNO/USDT | $0.3309 | $28.23K |
| Kraken | NANO/USD | $0.3362 | $20.73K |
| HTX | XNO/USDT | $0.3402 | $6.02K |
| Crypto.com Exchange | XNO/USD | $0.3362 | $3.95K |
| Gate | NANO/USDT | $0.3341 | $2.19K |
Established exchanges only, each with its busiest pair, by 24-hour volume. This is not a recommendation to use any exchange.
Nano market data
What is the 24-hour trading volume of Nano?
Nano has traded $185,871 in the last 24 hours, about 0.4% of its market cap.
What is the market cap of Nano?
Nano has a market capitalization of $44,369,711, ranking #510 by market cap.
What is the all-time high of Nano?
Nano reached an all-time high of $33.69 on Jan 1, 2018. It is currently −99.0% from that peak.
Prices and market data are provided for information only and are not investment advice. Cryptocurrency prices are volatile. Coin descriptions and statistics are sourced from CoinGecko.