Nano
$0.3601
1.5%(24h)30d
Today
1.5%
30 Days
4.2%
Price Change (24h)
$0.005246
BTC$43,500+2.50%
ETH$2,650+1.80%
USDT$1.00+0.00%
BNB$320-0.50%
XRP$0.5200-1.20%
SOL$95.00+3.20%BTC$43,500+2.50%ETH$2,650+1.80%USDT$1.00+0.00%BNB$320-0.50%XRP$0.5200-1.20%SOL$95.00+3.20%Today
1.5%
30 Days
4.2%
Price Change (24h)
$0.005246
XNO
3.60
Billed as "digital money for the modern world," nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies. Development of the project began in 2014 under the name RaiBlocks, and the coin (then termed XRB) launched the following year through a public faucet, which allowed users to claim small amounts of XRB after completing a captcha challenge. Anyone with access to a computer or phone could solve captchas, and be rewarded with RaiBlocks. The number of XRB people received per solved captcha varied over time RaiBlocks (XRB) was rebranded to Nano in January 2018, with the new name chosen to better represent the speed and simplicity the project offers to users. It is a peer-to-peer platform that uses a unique block-lattice data structure to allow users to easily transfer value to one another without relying on centralized intermediaries. Unlike other platforms which typically use the combined proof-of-work of a massive mining network to achieve consensus, nano instead uses a system known as Open Representative Voting (ORV) — which sees account holders vote for their chosen representative, who then work to confirm blocks of transactions securely. ORV makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies. In November, 2021, aiming to bring nano to the real world and to comply with the globally-recognized standards of the International Organisation for Standardisation (ISO) requirements, nano adopted a new ticker and a standard symbol: XNO and Ӿ.
Colin LeMahieu created Nano, originally launched as Raiblocks in 2014 before rebranding to Nano. The team operates through community governance and development, focusing on creating a payment system accessible to everyone without friction.
Nano's block-lattice architecture represents a fundamental departure from traditional blockchain design. By allowing each account to maintain its own chain, the network achieves instant settlement without mining overhead or transaction fees. Users can begin spending received funds immediately upon confirmation, without waiting for subsequent block creation. The consensus mechanism relies on stakeholder voting rather than mining or validator selection, distributing network participation broadly. This combination of instant transactions, zero fees, and democratic consensus makes Nano distinctive among payment-focused cryptocurrencies.
Like the vast majority of cryptocurrencies, nano has a fixed maximum number of tokens that will ever enter existence, this number is set at 133248297.92 nano. The original maximum supply was set much higher than this, but any remaining nano above the current 133 million limit were permanently burned. In total, around 39% of the original genesis supply was distributed. Nano is unusual in the fact that its entire supply is already in circulation, this means it is fully diluted. Because it is fully diluted, nano is also highly decentralized, and well distributed, with the vast majority of nano accounts holding less than Ӿ100. As of December 2020, around 20% of all nano in circulation (~26 million) is held in one of the cold wallets associated with the Binance cryptocurrency exchange. A total of 5% of the circulating supply was held back for the continued development of the project, this was allocated to a so-called “developer fund.”
Security comes through democratic consensus voting by account holders, where voting power is proportional to holdings. Representative nodes—selected by delegating voting power—confirm transaction validity. This open-access voting system eliminates the need for specialized mining hardware while maintaining Byzantine fault tolerance.
Since nano cannot be mined, the most popular way to get your hands on some is by purchasing it from one of the more than 50 exchange platforms that support it. Binance, OKEx and Huobi Global are currently among the most popular exchanges for Nano to crypto trading pairs, whereas it can also be bought with fiat on Kraken and Binance.US. For more information about buying cryptocurrencies with fiat, see our comprehensive guide.
Exchange data unavailable.
BTC$64,508+2.60%ETH$1,915+2.13%BNB$606+0.51%
USDC$1.00-0.01%SOL$75.99+1.95%XRP$1.00+1.20%
DOGE$0.0704+1.29%
ADA$0.1742-0.40%
TRX$0.3315+0.06%
LINK$9.55+1.63%
AVAX$6.35+0.44%
XLM$0.1578+1.02%
SUI$0.6758+0.76%
ZEC$514+5.44%
HBAR$0.0660+2.06%
LTC$44.53+0.72%
DOT$0.7620+0.53%
BCH$205+0.74%
UNI$3.29+0.09%
NEAR$1.64+2.37%
ICP$2.25+0.00%
APT$0.5300+2.12%
ETC$6.19+1.48%
RENDER$1.27+1.68%
ATOM$1.42-2.61%
FIL$0.6728+0.99%
ARB$0.0752+2.45%
VET$0.004445+1.02%
MKR$1,814+0.76%
OP$0.0843+1.20%