SUPRA ( SUPRA ) Price Live Chart

SUPRA Token Price Live Data
As of Dec 10, 2024, the global cryptocurrency market cap is ₹296.53T with a -2.44% change in the last 24 hours. Today's price of SUPRA is ₹3.82, with a 24-hour trading volume of ₹37 billion. SUPRA is 6% in the last 24 hours, with a circulating supply of ₹6B SUPRA coins and a maximum supply of 100.00B SUPRA coins. It has a 24H all-time high of ₹6.23 (-38.95%) recorded on Dec 08, 2024, and its 24H all-time low was ₹0.5495 (+592.45%), recorded on Nov 27, 2024. Easily buy and trade SUPRA/INR tokens on SunCrypto, India's most secure and user-friendly cryptocurrency exchange, trusted by millions for their crypto trading needs!

What is Supra Token?

Supra Token (SUPRA) operates as a layer-1 blockchain ecosystem designed to streamline and improve the development of decentralized applications. SupraOracle's primary goal is to provide developers with a cross-chain oracle that enables easier and more efficient data access across multiple blockchain networks. Its focus on interoperability positions Supra as a versatile tool in the blockchain developer's toolkit.

In addition, Supra Token provides Supra's suite of tools for building, deploying, and maintaining data applications, emphasizing a developer-friendly approach. This makes Supra more than just a token, but a comprehensive platform that supports the entire lifecycle of blockchain applications.

Key Takeaways

• Supra Token is a Layer 1 blockchain ecosystem focused on improving decentralized.

• Application development with a focus on cross-chain oracle technology.

• The Supra Network is characterized by high transaction performance and interoperability, enabling seamless interaction across multiple blockchain platforms with secure smart contract capabilities.

• With a current market capitalization of approximately $86.71 million and a total supply of up to 100 billion tokens, the supply of Supra Tokens in circulation is limited, which will affect market dynamics and future valuation.

Who is the founder of Supra Oracale?

@JoshuaTobkin is the co-founder and CEO of Supra Oracles, a blockchain infrastructure company specializing in secure, high-performance oracle services and blockchain interoperability solutions. With over a decade of experience in SaaS and blockchain development, Tobkin has been instrumental in addressing key challenges in the blockchain ecosystem, including data integrity, scalability, and decentralization.

Supra Oracles focuses on bridging blockchain ecosystems, enabling secure and efficient cross-chain communication. Under Tobkin's leadership, the company has developed innovations like HyperNova (a decentralized blockchain bridge), distributed Verifiable Random Functions (dVRF) for randomness, and the Moonshot consensus algorithm for enhanced throughput and latency. Supra also aims to launch a vertically integrated Layer-1 blockchain with advanced features for decentralized applications (dApps).

Tobkin entered the blockchain space in 2017, founding research initiatives like Unity Chain to explore scalability and consensus techniques. He is a strong advocate for leveraging oracles to enhance smart contracts' reliability and utility in DeFi, NFTs, and the metaverse.

Supra Network Overview

The launch of Supra Network's mainnet was a major milestone, positioning Supra Network as a key player in the Web3 ecosystem with a focus on sustainability and stability. The network aims to improve interoperability between different blockchain networks, differentiating it from competitors that do not have this feature. Supra's smart contracts use a hybrid consensus mechanism that combines Proof of Stake and Congress Network to improve data validation and ensure robust security.

The network aims for high transaction performance, offering a capacity of 500,000 transactions per second across globally distributed nodes, making it one of the fastest blockchain platforms available. SupraOracles enable compatibility between different distributed applications, allowing seamless interaction without compatibility issues. This high performance and compatibility makes the Supra Network an attractive choice for developers looking to build and scale decentralized applications.

In addition, the Supra Network architecture includes MultiVM compatibility, which enables the deployment of smart contracts from different blockchain ecosystems. This flexibility, combined with the decentralized architecture and robust oracle integration, ensures the security and efficiency of smart contracts on the Supra Network.

What are the key features of Supra Token?

The Supra Token (SUPRA) serves as the native utility token enabling a wide range of services within the Supra network. From offering staking opportunities to enabling seamless cross-chain transactions, SUPRA is designed with versatility and functionality in mind.

The token's decentralized oracles connect smart contracts to real-world data, improving the functionality and responsiveness of decentralized applications.

Interoperability

Supra aims to improve blockchain operations through advanced oracle technology that facilitates cross-chain interactions. Using a system of nodes and protocols, Supra facilitates cross-chain communication, improving overall efficiency and building a more interconnected blockchain ecosystem.

The platform's design supports multi-chain compatibility, allowing applications to run across different blockchain networks without compatibility issues. These innovative and groundbreaking protocols simplify the process for both developers and users, taking interoperability to a new level.

Decentralized Oracles

Supra Oracle enables the integration of real-time data into the blockchain, greatly enhancing the capabilities of decentralized applications. These high-performance decentralized oracles give smart contracts access to reliable real-time data that is critical for industries such as DeFi, insurance, and gaming. By aggregating data from multiple sources, Supra Oracle provides accurate, timely information and minimizes the risk of tampering.

With a decentralized network of nodes, data integrity is guaranteed, risk is minimized, and a more reliable alternative to traditional centralized systems is provided. This decentralized bridge between real-time data and blockchain applications allows developers to create more dynamic and responsive solutions.

Secure Smart Contracts

Secure keen contracts are basic in guaranteeing believe and unwavering quality inside the blockchain biological system. Supra Token’s improvement prioritizes the security of its shrewd contracts to secure clients and improve exchange judgment, which is a basic calculate for broad selection. Showcase investigators propose that this center on secure keen contracts may allow Supra Token a competitive edge over other tokens that do not prioritize this aspect.

The accentuation on secure shrewd contracts reinforces client certainty and may possibly lead to expanded appropriation and esteem of the Supra Token. This security, combined with the exceedingly performant decentralized prophet innovation, makes Supra a vigorous and dependable choice for engineers and clients alike.

What is the current price of Supra Token?

The current cost of the Supra Token is $0.009725, reflecting a later rate alter of 2.77% over the final 24 hours. This cost point positions SUPRA as an open passage for unused speculators whereas too appearing critical development potential. The every day exchanging volume of the Supra Token stands at $17,834,599, showing dynamic exchanging and intrigued in the market.

Notably, the current cost of SUPRA is 53.81% over its all-time moo, however 33.84% underneath its all-time tall. This verifiable viewpoint gives experiences into the token’s advertise instability and potential for future cost developments. Watching showcase changes and expectations on the SUPRA to USD chart makes a difference speculators make educated choices.

Market Cap and Circulating Supply of SUPRA Token

Understanding the advertise cap and circulating supply of Supra Token is pivotal for assessing its showcase position and potential. These measurements give bits of knowledge into the token’s by and large esteem and the sum accessible for exchanging in the advertise.

Market Cap Overview

The current showcase cap of SUPRA stands at around $86.71 million, with a completely weakened showcase cap of roughly $1.40 billion. This difference demonstrates that as it were a little division of the add up to tokens is in circulation, as of now as it were around 6%. The completely weakened valuation of Supra (SUPRA) speaks to the potential most extreme advertise cap if all tokens were in circulation, which is around $1,007,956,199

Such a critical distinction between the completely weakened showcase cap and the current showcase cap can flag potential offering weight in the future. Financial specialists ought to be mindful of this dissimilarity as it impacts the token’s long-term valuation and advertise flow.

Circulating Supply

The add up to supply of SUPRA tokens has expanded to 100 billion to bolster the operational needs of the stage. This most extreme supply cap is set at 100 billion tokens, guaranteeing that no more than this sum will ever be in circulation. Right now, as it were almost 6% of the add up to SUPRA supply is in circulation, which is a key calculate for speculators to consider.

This restricted circulating supply can affect the token’s shortage and valuation, possibly driving to cost variances as more tokens are discharged into the advertise. Understanding these supply elements is fundamental for making educated speculation choices.

Trading Supra Tokens

SUPRA tokens can be exchanged on different stages, counting both centralized and decentralized trades. Prevalent exchanging sets for SUPRA incorporate SUPRA/USDT and SUPRA/ETH, which are accessible on stages by global crypto exchnages. These exchanging sets give liquidity and adaptability for financial specialists looking to enter or exit positions in SUPRA. For SUPRA/INR, SunCrypto trading platform is a good choice to invest.

The accessibility of SUPRA tokens on numerous trades guarantees that dealers have get to to different exchanging alternatives and can advantage from competitive estimating. Utilizing the usd converter supra for SUPRA can offer assistance dealers screen the supra cost and make educated exchanging choices.

Storage Options for SUPRA Token

There are a few capacity alternatives accessible for SUPRA, counting custodial wallets, self-custody wallets, and equipment wallets. Each choice offers diverse levels of security and comfort, catering to the different needs of SUPRA token holders.

Custodial Wallets

Custodial wallets hold users’ private keys and are overseen by third-party administrations, which can rearrange exchanges. Regularly given by trades or stages, these wallets oversee users’ stores and account for restricting coordinate control over resources but advertising comfort and simple get to. For those who incline toward not to oversee private keys themselves, custodial wallets are an alluring option.

However, utilizing a custodial wallet requires believe in the supplier, as they store users’ private keys on sake of the client. This trade-off between control and comfort is a basic thought for SUPRA token holders.

Self-Custody Wallets

Self-custody wallets, like StarKey, permit clients to claim control over their private keys, giving upgraded security and proprietorship. These wallets allow clients full control over their private keys, which upgrades security but too increments the obligation for keeping keys safe.

Using self-custody wallets requires defending private keys and seed expressions, as losing them can result in the changeless misfortune of resources. This alternative is perfect for clients who esteem security and control over convenience.

Hardware Wallets

Hardware wallets give a physical shape of capacity for SUPRA tokens, upgrading security by keeping private keys offline. Driving brands like Trezor and Record offer secure capacity alternatives with broad coin back, making them prevalent choices among crypto enthusiasts.

Some equipment wallets include extra security measures like biometric get to, making them more user-friendly and secure compared to conventional models. These highlights give an included layer of assurance for SUPRA token holders.

SUPRA's Future Prospects

The Supra Arrange has gotten acknowledgment inside the crypto industry, qualifying for numerous quickening agent programs and securing considerable subsidizing. This bolster underscores the market’s certainty in Supra Token’s inventive highlights and its potential to address common blockchain challenges. The by and large showcase acknowledgment of Supra Token is progressively seen as favorable, which bodes well for its future.

Inflation concerns may emerge if a expansive number of SUPRA tokens are discharged into circulation, considering that as it were approximately 6% of the add up to supply is right now accessible. In any case, the most extreme supply of SUPRA tokens is capped at 100 billion, affecting the token’s shortage and valuation.

Multiple a long time may be required for the completely weakened valuation to be realized, permitting the showcase to steadily retain the supply and stabilize the token’s esteem. This continuous discharge methodology points to relieve swelling concerns and keep up speculator confidence.

How Supra Compares to Competitors?

As of nowadays, the cost of Supra Token stands out against competitors like Ethereum and Chainlink, appearing competitive showcase elements. Supra’s integration capabilities, especially its decentralized prophet innovation, improve its position in the showcase compared to other tokens. The special secure keen contracts of Supra give extra benefits and security, making it a solid contender among blockchain solutions.

Recent appropriation measurements appear developing intrigued in Supra Token inside the blockchain community, pivotal for its long-term practicality. This developing intrigued is a confirmation to Supra’s strong engineering and imaginative highlights, situating it as a impressive player in the blockchain space.

Summary

In outline, Supra Token presents a compelling combination of inventive innovation, solid showcase execution, and promising future prospects. From its high-performance arrange and secure savvy contracts to its flexible interoperability highlights, Supra stands out as a pioneer in the blockchain ecosystem.

As the advertise proceeds to advance, Supra’s accentuation on security, versatility, and real-world information integration positions it for maintained development and selection. Speculators and engineers alike ought to keep an eye on Supra Token as it proceeds to make waves in the crypto world.

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