What Proton is
Proton (XPR) is a token issued on Ethereum, currently ranked 248th by market capitalization among the assets we track. Proton is a contract-deployed token: it borrows the security of its host chain and lives or dies on its own adoption. With limited category data available, the honest read leans on observable market behavior.
Proton (XPR) is a blockchain-based platform that enables secure, fast, and user-friendly payment solutions and decentralized applications. It aims to simplify cryptocurrency transactions while enhancing security and privacy for users.
How to approach Proton
Because Proton is a token on a larger network, it inherits that chain's infrastructure but stands on its own demand. The useful signals are liquidity, supply, and whatever the project documents — not a sector narrative our data can't confirm.
Proton reaches agreement on transaction order through Ethereum consensus (currently proof of work, will be proof of stake later on).
Background & fundamentals
Proton is issued as a token on Ethereum rather than running its own base-layer blockchain. Proton first went live in 2020, giving it roughly 6 years of on-chain price history to draw on. Governance is structured as Decentralized, so no single company controls issuance or protocol changes.
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in XPR. CoinPaprika classifies the project's development status as "Beta version".
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20).
Where Proton sits in the market
At $0.00184500, Proton carries a market capitalization of $51.60M. Around $1.19M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 2.31% of the float — a healthy level of activity for an asset this size.
Proton carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. XPR remains -96% beneath its all-time high of $0.0508, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.00051680, XPR is up +257%.
What the price history shows
Recent moves read 24-hour -2.25%, 7-day -18.50%, 30-day +7.72%, 1-year -40.06%. Across roughly the last 366 days of daily candles, XPR endured a peak-to-trough drawdown of about 75% before stabilizing.
Volatility profile
Recent action puts Proton in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals +7.72%, a useful input for stop placement and position sizing.
How to evaluate Proton
For an asset of this type, three lenses matter most:
- Liquidity — how deep and reliable trading in XPR actually is, since thin books amplify both moves.
- Supply dynamics — circulating versus maximum supply and the dilution that implies.
- Primary sources — what the project itself documents, because standardized sector data on XPR is limited.
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.