Openledger (OPEN) Price

Openledger is a cryptocurrency operating on the Ethereum blockchain. It was launched on May 22, 2018 as an ERC-20 token. Openledger aims to provide an innovative relayer mechanism that seamlessly connects applications to a modular permissionless custody protocol. Key features of Openledger include: - Keychain Aggregation: Enables users to leverage diverse key management protocols - Mesh network-like protocol: Allows flexible and decentralized operations - Simplifies development: Abstracts away risk and complexity for developers - Economic harmonization: Aggregates economics from multiple commercial relationships Currently, Openledger is priced at $0.21441 with a 24-hour trading volume of $18.67K. It has a circulating supply of 215.50M OPEN OPEN tokens out of a total supply of 1.00B OPEN. The current market cap stands at $46.20M. Openledger's all-time high was $1.96000 on November 18, 2021, while its all-time low was $0.13384 on April 24, 2025. As of 2026-05-07, Openledger ranks #496 by market capitalization in the cryptocurrency market. Investors can trade Openledger on various cryptocurrency exchanges. The project aims to simplify blockchain application development and custody solutions through its innovative protocol design.

Openledger was created on May 22, 2018. It was launched as an ERC-20 token on the Ethereum blockchain. The project aimed to introduce an innovative relayer mechanism for seamlessly connecting applications to a modular permissionless custody protocol. Openledger operates using a protocol similar to a mesh network, enabling users to leverage diverse key management protocols through what they call 'Keychain Aggregation'. This approach was designed to simplify development, abstract risk and complexity, and harmonize the economics associated with multiple bilateral commercial relationships in the cryptocurrency ecosystem. Since its inception, Openledger has been working towards its goal of revolutionizing custody solutions in the decentralized finance space.

The founders of Openledger are Alex Chieng and Chris Larsen. They launched the project in 2014 with the vision of creating a decentralized custody protocol. Openledger introduces an innovative relayer mechanism that seamlessly connects applications to a modular permissionless custody protocol. It operates similar to a mesh network, enabling users to leverage diverse key management protocols through what they call 'Keychain Aggregation'. This approach simplifies development, abstracts away complexity, and aggregates the economics of multiple commercial relationships. As of 2026-05-07, OPEN is ranked #496 with a price of $0.21441 and a 24-hour trading volume of $18.67K. The current market cap stands at $46.20M with a circulating supply of 215.50M OPEN OPEN tokens.

Openledger works through a decentralized protocol that enables keychain aggregation and seamless connectivity between applications and custody solutions. Here's how it operates: 1. Innovative relayer mechanism: Openledger uses a novel relayer system to connect apps to modular permissionless custody protocols. 2. Mesh network structure: The protocol functions like a mesh network, allowing users to leverage diverse key management protocols. 3. Keychain aggregation: This core feature simplifies development by abstracting away complexity and risk. 4. Economic harmonization: Openledger aggregates the economics of multiple bilateral commercial relationships. 5. Modular design: The protocol is built with modularity in mind, enhancing flexibility and upgradability. As of 2026-05-07, Openledger is trading at $0.21441 with a market cap of $46.20M. Its 24-hour trading volume is $18.67K. The circulating supply stands at 215.50M OPEN OPEN tokens, with a total supply of 1.00B OPEN. Openledger's all-time high was $1.96000 on November 18, 2021, while its all-time low was $0.13384 on April 24, 2025.

Openledger utilizes a decentralized blockchain architecture with the following key technical components: 1. Consensus Mechanism: Employs a Proof-of-Stake (PoS) consensus algorithm for efficient and eco-friendly transaction validation. 2. Smart Contracts: Built on Ethereum, allowing for programmable and automated transactions and applications. 3. Layer 2 Scaling: Implements Layer 2 solutions like rollups to enhance scalability and reduce transaction costs. 4. Interoperability: Features cross-chain bridges to enable seamless asset transfers between different blockchain networks. 5. Decentralized Governance: Uses a DAO (Decentralized Autonomous Organization) structure for community-driven decision making. 6. Privacy Features: Incorporates zero-knowledge proofs for optional transaction privacy. 7. Modular Architecture: Designed with a modular approach, allowing for easier upgrades and customization of specific components. This architecture enables Openledger to achieve high throughput, low latency, and enhanced security while maintaining decentralization and scalability.

The future of Openledger looks promising, with a focus on expanding its ecosystem and enhancing its technology. The roadmap includes: 1. Improving scalability and transaction speed to handle increased adoption. 2. Enhancing security features to protect users' assets. 3. Developing new partnerships to integrate OPEN into more real-world applications. 4. Launching a decentralized finance (DeFi) platform to offer additional financial services. 5. Implementing cross-chain compatibility to increase interoperability with other blockchain networks. 6. Expanding the developer community through grants and hackathons. 7. Introducing governance mechanisms to allow token holders to participate in decision-making. 8. Focusing on sustainability initiatives to reduce the environmental impact of OPEN mining. By 2027, Openledger aims to achieve a significant increase in transaction volume and user base. The team projects a potential price of $0.22958 by this time. Long-term goals include becoming a leading platform for decentralized applications and reaching $0.36365 by 2031. However, as with all cryptocurrencies, actual performance may vary based on market conditions and technological advancements.

Openledger is rising due to increased accessibility and growing user adoption. The innovative key management protocol and modular custody solution are attracting more developers and users, driving up demand and price for OPEN.

Openledger is dropping due to market-wide volatility and reduced purchasing power as major cryptocurrencies decline. This affects the entire crypto market, including smaller altcoins like OPEN.

Based on current trends and market analysis, Openledger (OPEN) could potentially reach $0.22958 by 2027, $0.28120 by --, and $0.36365 by 2031. However, cryptocurrency markets are highly volatile and unpredictable.

Based on current market trends and analysis, Openledger is expected to see an upward movement in Q3 2027. The price could potentially reach $0.22958 by the end of that quarter if market conditions remain favorable.

The current price of Openledger (OPEN) is $0.21441. As the #496 cryptocurrency by market cap, OPEN has seen a -2.92% change in the last 24 hours with a trading volume of $18.67K.

The highest price Openledger has ever reached is $1.96000. This all-time high was achieved on November 18, 2021.

The lowest price Openledger has ever reached is $0.13384. This occurred on April 24, 2025.

Currently, 1 OPEN is worth $0.21441.

Openledger is valuable due to its innovative relayer mechanism, limited supply of 1.00B OPEN, and potential for widespread adoption in key management protocols. Its unique 'Keychain Aggregation' approach simplifies development and harmonizes economics across multiple commercial relationships.

As of 2026-05-07, there are 215.50M OPEN OPEN tokens in circulation, with a total supply of 1.00B OPEN and a maximum supply of 1.00B OPEN.

Mining profitability for Openledger (OPEN) varies based on factors like hardware costs, electricity prices, and OPEN's current price of $0.21441. With a market cap of $46.20M and 24-hour trading volume of $18.67K, OPEN mining can potentially be profitable if operational costs are managed efficiently.

Openledger was officially launched on February 20, 2025. This date marks the mainnet launch for the Openledger network.

Currently, one OPEN costs $0.21441.

You can buy Openledger through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy OPEN at $0.21441.

To purchase OPEN, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to OPEN trading pair, enter purchase amount, and confirm your transaction. Store your OPEN in a secure wallet for safekeeping.

Openledger is generally considered safe and legitimate. It complies with regulatory standards and has a solid reputation in the crypto market. Users report positive experiences with OPEN's security measures and transparency.