Chia (XCH) Live Price

Chia logo
XCHChia
$24.33+2.54%
Market Cap
$257.7M
2.57%
Volume (24)
$20,662,088
0.08%
Circulating Supply
10,574,433 XCH
Issue Date
-

Data provided by Coingecko API

XCH price Statistics

Chia Price Today

Chia Price
$24.33

Price Change

$0.603286
2.54%
24h Low / 24h High
$23.64 / $25.07

Trading Volume

$20,662,088
0.08%
Volume / Market Cap
0.080177579
Market Dominance
0.010269658%
Market Rank
#231

Chia Supply

Circulating Supply
10,574,433.093 XCH
Total Supply
31,574,349.072 XCH
Max Supply
0 XCH

Chia Market Cap

Market Cap
$257,704,070
2.57%

Fully Diluted
Market Cap

$769,482,210
0.23%

Chia Price Yesterday

Yesterday's Low / High
$24.417322 / $24.438214
Yesterday's Open / Close
$24.417322 / $24.438214
Yesterday's Change
0.40%
Yesterday's Volume
$28,524,910

Chia Price History

7d Low / 7d High
$23.256469 / $28.394613
30d Low / 30d High
$23.256469 / $25.892338
90d Low / 90d High
$23.256469 / $27.218986
52 Week Low / 52 Week High
$23.256469 / $28.394613
All Time HighMay 15, 2021 (3 years ago)
$1,645.12
98.52%
All Time LowOct 13, 2023 (8 months ago)
$20.46
18.95%

Data provided by Coingecko API

XCH to USD converter

Chia
ChiaXCH
US Dollar
US DollarUSD

Data provided by Coingecko API

Real-Time Chia Price Chart (XCH to USD)

XCHUSD by TradingView

Chia Exchanges

Exchange
Price
Pair
Spread
24 Volume
Last Traded
HTX
HTX
$24.37
XCH/USDT
$0.0065
$14,892,080
Recently
Gate.io
Gate.io
$24.31
XCH/USDT
$0.01
$737,252
Recently
KuCoin
KuCoin
$24.28
XCH/USDT
$0.021
$128,342
Recently

Chia Historical Price Data (USD)

Date
6/18/2024
$25.618406
$0
$25.618406
$23.256469
6/17/2024
$26.856251
$25.618406
$26.856251
$25.352007
6/16/2024
$27.032736
$26.856251
$27.106942
$26.743962
6/15/2024
$26.80082
$27.032736
$27.218986
$26.727192
6/14/2024
$27.375343
$26.80082
$27.599503
$26.225743
6/13/2024
$27.979591
$27.375343
$27.987151
$27.162964
6/12/2024
$27.432696
$27.979591
$28.394613
$27.129927

Data provided by Coingecko API

XCH Price Live Data

The live price of XCH is $ 24.33 per (XCH/USD) today with a current market cap of 257.7M USD. 24-hour trading volume is $ 20,662,088 USD. XCH to USD price is updated in real-time. Chia is +2.54% in the last 24 hours. It has a circulating supply of $ 10,574,433 XCH.

Chia Coin Price Chart determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, ETH and XRP to USD, EUR, GBP. Conversion rates are based on Live XCH Price Index and the price indices of other digital assets.

This content and any information contained therein is being provided to you for informational purposes only, does not constitute a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice.

What Is Chia Network (XCH)

Chia is a layer one smart-transaction platform that runs an open source and decentralized network of computers to process payment.  It aims to provide an energy-efficient and greener alternative to other decentralized transactions

The network uses a unique Proof of Space and Time (PoST) consensus mechanism to confirm transactions. Unlike Bitcoin and Ethereum, it uses little energy without compromising system security. 

The network also has a native programming language known as Chialisp. This language combines the best qualities of other Blockchain languages to help developers build smart contracts. Chia's native coin, XCH, can be used to make payments worldwide.  

Unlike other Blockchain foundations, Chia Network is a profit-making organization. So, the company aims to list itself on an American stock exchange like Nasdaq or NYSE. It may offer XCH as dividends and stock repurchases to shareholders. 

How Does The Chia Network Works 

Chia Network uses a Proof of Space and Time mechanism to promote a sustainable and greener environment. Thus, creating an alternative to electricity-intensive consensus mechanisms like Bitcoin and Ethereum. This combination of Space and Time consumes far less energy while being as secure as pioneer Blockchain projects. 

Users can't mine tokens on Chia Blockchain. Instead, the network rewards validators through Farming. How? 

Proof of Space And Time (PoST)

Proof of Space utilizes unused spaces on hard drive disk drives. Each node stores a collection of cryptographic numbers in plots (a unit of Chia storage) in their local storage space. Then, farmers compete to solve these cryptographic numbers to create blocks. Then, each space provider and farmer gets a reward for block creation. 

Unlike the PoW, the Chia network uses local hard drive spaces of connectors for block production. By combining PoS with Proof of Time, Chia Network oversees block creation in a consistent time frame. Thus, the network becomes;

  • As secure as Proof of Work networks 
  • More energy-efficient than Proof of Stake networks.
  • Chia’s Chief Operating Officer, Gene Hoffman, said, “It was totally designed from the ground up to be as or more secure than proof of work and far more decentralized while using 1000 to 10,000 times less power per unit of security.”

    Chialisp

    Chialisp is a custom-made programming language on the Chia Blockchain powered by Chialisp Virtual Machine. This programming language combines the best features of Solidity and Bitcoin Core to help build high-performance smart contracts. It also uses Bitcoin's UXTO mechanism to monitor transactions and prevent double-spending. 

    XCH Price And Tokenomics

    Chia never had an Initial Coin Offering (ICO) like many other cryptocurrencies. Instead, its executives pre-farmed 21 million XCH at its mainnet launch, which they kept under the Chia Network's Strategic Reserve. This reserve is created to facilitate the long-term management and development of the network. 

    Thus, investors, who couldn't buy tokens, got them through the Strategic Reserve. The reserve aims to share its token in the following

  • Special bonuses for Chia farmers 
  • Lends XCH to customers to create liquidity in the market. 
  • Dividends: When the network gets listed, XCH tokens will serve as dividends 
  • Share Buybacks: Chia plans to redeem shares with XCH as soon as they get traded on stock exchanges 
  • Payments and grants: Developers, service providers, and contributors creating dApps on the Chia Blockchain earn XCH from the network. 
  • Chia USD Price 

    Chia had an all-time high of in 15.05.2021 on May 6, 2021.
    Its price today is $35.15/ XCH, according to our exchange rate page. The coin had a 24-hour trading volume of $4,622,17 and a supply of $ 10,574,433 XCH in circulation. Chia hit the highest and lowest point of $ 1,645.12 and $ 20.46 in the last 24 hours. 

    How Many Chia (XCH) Coins Are There In Circulation

    Chia has a market cap of $178 Million and ranks 182nd amongst other cryptocurrencies. Its total supply is $ 31,574,349 XCH, but only $ 10,574,433 tokens are currently in circulation. 

    Users can 'mint' new Chia tokens in a process called farming. They create blocks and get farming rewards for securing the network. According to XCH emission plans, 64 Chia tokens have been released every 10 minutes since launch, which will be cut by half every three years. 

  • 2021 to 2023: 64 Chia will be created every 10 minutes
  • 2024 to 2026: 32 Chia will be released every 10 minutes
  • 2027 to 2029: 16 Chia will be released every 20 minutes 
  • 2030 to 2032: 8 Chia will be released every 20 minutes
  • 2033 to 2035: 4 Chia will be released every 10 minutes. 
  • The network also rewards block creation with 2XCH per block. The reward will be cut by half every three years. 

  • For the first three years, block creators get 2XCH per block 
  • 3rd to 6th year: 1XCH per block 
  • 6th to 9th year: 0.5XCH per block 
  • 9th to 12th year: 0.25XCH per block
  • Who Are The Founders Of Chia Network? 

    Bram Cohen, the well-known inventor of BitTorrent, founded the Chia Network in 2017. At inception, cryptocurrency-focused venture capitalists backed the project. They include a16z Crypto, Galaxy Digital, Stillmark, Grelock, and MetaStable, amongst others. The participation of leading venture capitalists also got the network $61 Million in May 2021. 

    Bram Cohen currently serves as Chia's CEO. Gene Hoffman, a former CEO of NASDAQ, is Chia's Chief Operating Officer (COO). While Michael Edwards as its Chief Financial Officer. 

    How Do They Secure Chia Network

    Known as Chia Network Inc, the organization forgoes the crypto-native model of being a non-profit DAO. Instead, it operates as a profit-making and public company owned by shareholders. 

    Hence, the company plans to enlist itself in the US Equity Initial Public Offering, compliant with SEC. The listing will make the XCH less volatile compared to other cryptocurrencies. Plus, the company's share price in stock exchanges and XCH price on digital exchanges will be on par.

    However, this model cedes total power to the company's executive. XCH token ownership doesn't determine your say on the network's governance and development, which abuses the fundamental essence of decentralization. 

    What Are The Long Term Prospects Of Chia 

    Chia had an all-time high closer to $2,000 but now trades below $40, losing more than 100% of its value. This price action points out that its rapid decline may not be all about the general crypto dip. So, what could have caused the drop? 

    First, the network isn't governed by its community but by Chia executives. The company also aims to run as a corporate structure and list itself on American stock exchanges, which may bring distrust among crypto investors who would oppose too much centralization in a decentralized system. 

    However, that doesn't spell an end for Chia. The network's fundamental idea and project are very sound. Possibly, a change of governance and communication of its use cases could have a positive impact on XCH long term. 

    Plus, Chia has a Chialisp programming language and Blockchain platform housing decentralized applications. It recently created a decentralized exchange platform that denominates stablecoins in other currencies. 

    In February 2022, the network also presented an updated whitepaper that listed Chia's vision for the future. They include new feature sets on Chia Blockchain

  • Issuance of Chia Asset Tokens (CATs)
  • NFT protocols 
  • Automated market makers 
  • Authorized payee wallets 
  • With Chia providing more and more utilities, especially among companies, it would be childish to dismiss the project's long-term success. 

    Crypto fear & Greed Index

    Latest Crypto Fear & Greed Index

    Historical Values

    NowGreed
    64
    YesterdayGreed
    74
    Last weekGreed
    70
    Last monthExtreme Greed
    76

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