What Songbird is
Songbird (SGB) is a Layer-1 blockchain network, currently ranked 592nd by market capitalization among the assets we track. As a proof-of-stake Layer-1, Songbird hosts applications, settles their transactions, and lets SGB holders earn yield by helping validate. Capital at stake — not electricity — is what keeps the chain honest.
Songbird (SGB) is a testbed for the Flare Network, designed to facilitate decentralized finance (DeFi) and provide a robust environment for blockchain applications. It integrates smart contracts and various assets to enhance developer capabilities and user experiences.
How consensus and the token economy connect
Because security is bought with bonded SGB rather than hardware, the share of supply staked is a useful gauge of conviction — and of how much float is effectively locked.
Where Songbird sits in the market
At $0.00126168, Songbird carries a market capitalization of $21.60M. Around $197.43K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.91% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Songbird carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. SGB remains -100% beneath its all-time high of $0.6745, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, SGB shows 24-hour +30.18%, 7-day +16.62%. Within its stored 366-day daily history, SGB mounted a low-to-high run of roughly 201% at its strongest stretch.
Volatility profile
Recent action puts Songbird in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.
How to evaluate Songbird
A grounded read on SGB comes down to three questions:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of SGB staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Songbird 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.
