Naxion is a Layer1 Public Blockchain mainnet that is suitable for the general use of a series of software and surrounding resources ecosystems that are based on distributed or open data hubs. Naxion offers users high level of security, fast speeds and affordable costs. It supports smart contracts and facilitates the creation of decentralized applications(DApps). NXN is created by mining as a proof-of-work (PoW) method.
What makes Naxion special is that it overcomes the shortcomings of POW while remaining faithful to the basics of PoW blockchain. While adopting the POW method that most faithfully implements decentralization, it also adopts independently developed secure node technology to process transactions at a speed similar to the POS method (maximum 1500 TPS) and design an inexpensive gas fee structure. Fast speed and low-cost gas fee made it possible to build an independent network ecosystem without supporting a separate Layer 2 solution. Meanwhile, it is eco-friendly by preventing access to ASICS without providing a node, thereby preventing unnecessary power consumption in addition to the power required for node operation.
Where is Naxion available for purchase?
You can exchange NXN tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Naxion is LBank, notably the NXN/USDT pair, which saw a trading volume of $ 25,488 in the past day.
What is the highest value Naxion (NXN) has ever reached?
Naxion (NXN) reached its peak price at 0.5592 $ on 21 November 2023, approximately 2 years ago ago. Presently, the current price is -91.05% lower than this all-time high.
What is the historical minimum price for Naxion (NXN)?
The minimum price reached for Naxion (NXN) was 0.02 $, documented on 29 September 2024, more than a year ago. In comparison, the current price is 150.01%, it above this historical low.
What is the fully diluted valuation of Naxion (NXN)?
The fully diluted valuation (FDV) of Naxion (NXN) stands at $ 2,06 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of NXN tokens. The realization of this FDV might take several years depending on the emission schedule of NXN tokens.