$XRP

Proton focuses on secure identity verification and financial settlement as a public blockchain and smart contract platform.

Brief Introduction:

Basic Information

• Full Name: Proton (XPR)

• Total Issuance: 10 billion tokens

• Circulation: Approximately 5.294 billion tokens (circulation rate of about 52.94%)

• Initial Issuance Date: April 7, 2020

• Historical Highest Price: $0.10499 (August 16, 2020)

• Current Price: Approximately $0.00136 (as of July 2025, specific price should refer to real-time data)

• Market Cap Ranking: Approximately 261st, with a market cap of about $12.1885 million

Project Background

Proton is a decentralized blockchain platform designed to enhance the experience of consumer applications and peer-to-peer (P2P) payments. By building a secure identity verification and financial settlement layer, it enables users to link their real identity with fiat currency accounts, allowing them to seamlessly withdraw funds, purchase cryptocurrencies, and conduct transactions within applications without disclosing sensitive personal information.

Core Features

1. Secure Identity Verification:

• Proton provides a verified secure identity account that allows users to verify their identity with trusted institutions using a public key, without sharing a private key, thus reducing the risk of privacy leakage.

• Each account has a unique human-readable @name, making it easy for users to operate (e.g., sending funds to @fred).

2. Financial Settlement Layer:

• Proton has built a permissionless layer that operates above traditional card networks and banking systems, supporting users to directly link fiat currency accounts for quick purchases and use of cryptocurrencies.

• Transactions incur low fees and are fast, suitable for P2P payments and in-app transactions.

3. Technical Features:

• Uses Delegated Proof of Stake (DPoS) mechanism, supporting fast transactions and zero gas fees.

• Provides an easy-to-use wallet that supports 26 cryptocurrencies (e.g., BTC, ETH, LTC, etc.).

• Integrates with Metal X exchange, allowing users to trade and convert fiat currency within the wallet.

• Eco-friendly, focusing on low-energy consumption design.

4. Innovative Features:

• Supports on-chain identity verification, introducing a KYC mechanism similar to a “blue checkmark” to ensure user credibility.

• Price synchronization with Ethereum and BSC chains to enhance data consistency.

• Provides an NFT market module and community data co-creation projects to enhance user engagement.