What Auroracoin is

Auroracoin (AUR) is a Layer-1 blockchain network, currently ranked 530th by market capitalization among the assets we track. Auroracoin is a Layer-1 smart-contract platform secured by proof-of-stake: validators lock AUR as collateral, and the protocol slashes anyone who misbehaves. The token is simultaneously gas, collateral, and a claim on staking yield.

Auroracoin (AUR) is a cryptocurrency designed to serve as the national digital currency of Iceland, launched to promote usage and adoption among its citizens. It aims to provide a decentralized alternative to traditional financial systems within the country.

How consensus and the token economy connect

Staking ties the token's value to network security: more AUR bonded means a costlier attack, and stakers are paid for taking that role. Unstaking queues and slashing parameters shape how liquid that capital really is.

Under the hood, AUR secures its ledger with Proof of Work, built on the Multiple algorithm.

Background & fundamentals

Auroracoin first went live in 2014, giving it roughly 12 years of on-chain price history to draw on. Auroracoin operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.

CoinPaprika classifies the project's development status as "Unknown". In sector terms it is most often filed under Cryptocurrency, Sha256, and Scrypt.

Where Auroracoin sits in the market

At $0.0334, Auroracoin carries a market capitalization of $533.79K. Around $40.07 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.01% of the float — on the quieter side, which can mean thinner liquidity for large orders.

About 89% of the hard cap of 18M AUR has been minted, leaving only modest issuance ahead. AUR remains -100% beneath its all-time high of $97.84, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Recent moves read 24-hour +0.65%, 7-day -2.39%.

Volatility profile

Recent action puts Auroracoin in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate Auroracoin

For an asset of this type, three lenses matter most:

  • Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
  • Staking economics — the share of AUR staked, the yield, and unlock/queue dynamics that govern liquid supply.
  • Ecosystem depth — how many applications and how much liquidity have chosen Auroracoin over competing Layer-1s.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.