Openledger 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 $0.2237 with a 24-hour trading volume of $35.08K. It has a circulating supply of 215.5M OPEN OPEN tokens out of a total supply of 1B OPEN. The current market cap stands at $48.22M. Openledger's all-time high was $1.96 on November 18, 2021, while its all-time low was $0.1338 on April 24, 2025. As of 2026-05-07, Openledger ranks #481 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 #481 with a price of $0.2237 and a 24-hour trading volume of $35.08K. The current market cap stands at $48.22M with a circulating supply of 215.5M 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 $0.2237 with a market cap of $48.22M. Its 24-hour trading volume is $35.08K. The circulating supply stands at 215.5M OPEN OPEN tokens, with a total supply of 1B OPEN. Openledger's all-time high was $1.96 on November 18, 2021, while its all-time low was $0.1338 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 $0.2382 by this time. Long-term goals include becoming a leading platform for decentralized applications and reaching $0.4117 by 2031. However, as with all cryptocurrencies, actual performance may vary based on market conditions and technological advancements.