What Symbol is
Symbol (XYM) is a Layer-1 blockchain network, currently ranked 450th by market capitalization among the assets we track. Symbol is its own settlement layer. Smart contracts run on top of it, fees are paid in XYM, and the security model rests on validators bonding the token rather than burning energy to mine it.
Symbol (XYM) is a next-generation blockchain platform specifically designed for enterprise use, offering features like smart contracts and multi-signature accounts to enhance security and scalability. It is the native token used for transactions and staking within the Symbol network.
How consensus and the token economy connect
Because security is bought with bonded XYM rather than hardware, the share of supply staked is a useful gauge of conviction — and of how much float is effectively locked.
Where Symbol sits in the market
Trading around $0.00283100, Symbol carries a market capitalization of $17.50M. Around $76.90K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.44% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Symbol carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. XYM remains -99% beneath its all-time high of $0.5356, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, XYM shows 24-hour -3.97%, 7-day -5.97%, 30-day -11.63%, 1-year -58.74%. Across roughly the last 366 days of daily candles, XYM endured a peak-to-trough drawdown of about 77% before stabilizing.
Volatility profile
Recent action puts Symbol in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -11.63%, a useful input for stop placement and position sizing.
How to evaluate Symbol
The honest checklist for XYM is short:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of XYM staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Symbol 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.
