Syscoin price today is $0.2955 with a 24-hour trading volume of $5,525,061. Syscoin is up 3.97% in the last 24 hours. The current Coin Market Cap ranking is #289, with a live market cap of $182,927,927.58. It has a circulating supply of 619,114,700 SYS coins and a max. supply of 888,000,000 SYS coins. Syscoin is a cryptocurrency that allows not only to conduct low-cost transactions like bitcoin but also provides an infrastructure for secure trading of goods, assets, digital certificates and information. The Binance crypto exchange plans to use a bridge between the Syscoin and Ethereum blockchains to move its stable Binance USD (BUSD) coin between them. The bridge developed by the Syscoin Foundation will allow BUSD owners to move their tokens between the Ethereum and Syscoin blockchains. This will also make the stable coin available on the Syscoin blockchain for the first time. The growth in the use of decentralized financial (DeFi) services and stable coins has led to an increase in transaction fees in Ethereum to a two-year high. Ethereum co-founder Vitalik Buterin commented on the current problem and warned that increasing transaction fees could undermine the security of the network.
Finance and Business reporter
After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter