Sylo is a decentralized communication and data exchange network that operates on a layer 2 micropayments infrastructure and is powered by the $SYLO token. It is a user-run service that provides infrastructure to the network, enabling developers and businesses to run privacy-first, unstoppable apps without deploying any infrastructure of their own. Sylo aims to ensure minimal transaction fees and enhanced scalability through a unique staking architecture and probabilistic ticketing solution. The network's scalability is demonstrated in its flagship app, the Sylo Smart Wallet, which serves as a decentralized, private messenger and crypto wallet.

Sylo operates through a node network where any wallet address can communicate with any other wallet address, NFT owner, or Smart Contract participant without any reliance on a centralized party. The Sylo Network is decentralized and end-to-end encrypted, ensuring secure and private communication. The network also supports multi-chain, non-custodial, NFT integrated, communications empowered web3 wallet. This allows users to send/receive messages and notifications, make audio and video calls, send/receive funds, buy and store NFTs, BTC, ETH, XTZ, CENNZ, and all ERC-20 digital assets in a non-custodial blockchain wallet.

Sylo has a range of potential use cases. It can be used to connect digital worlds and allow people to communicate across the Metaverse. It can also be used for Web3 wallets to chat, call, pay, and broadcast to other NFTs and projects. Sylo can also be utilized by communities, providing decentralized, trustless, private communication tools that live as long as your NFT Community, your DAO, or your Protocol. Furthermore, Sylo can enable creators and fans to interact with privilege-granting NFTs and unlock messaging, voice, and video - wallet address to wallet address.

Sylo was established in 2010 as a software development entity. The company is committed to decentralization and is the core developer of the Sylo Network, Sylo Protocol, and Sylo Smart Wallet. The Sylo core team has a background in computer science, development, and user experience, along with business experience. Over the years, Sylo has expanded to include a team of advisors with knowledge in various fields.

We update our Sylo to AUD currency in real-time. Get the live price of Sylo on Coinbase.

The current market cap of Sylo is A$2.78M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Sylo is A$0.0225. This all-time high is highest price paid for Sylo since it was launched.

Over the last 24 hours, the trading volume of Sylo is A$587.32K.

Assets that have a similar market cap to Sylo include Lnfi Network, Magic Square, iShares Russell 2000 Tokenized ETF (Ondo), and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Sylo is 6.5 billion.

Sylo ranks 267 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 82% of Coinbase users are buying Sylo. In other words, 82% of Coinbase customers have increased their net position in Sylo over the past 24 hours through trading.