What Verge is built to do
Verge (XVG) is a proof-of-work Layer-1 blockchain, currently ranked 316th by market capitalization among the assets we track. At its core, Verge is a sovereign proof-of-work network. Miners expend real electricity to order transactions, and the XVG token is both the reward for that work and the unit users pay to transact.
Verge (XVG) is a privacy-focused cryptocurrency that enhances transaction anonymity by leveraging multiple anonymity-centric networks, including Tor and I2P. It aims to provide secure and untraceable transactions for users.
How the network stays secure
Every confirmation adds cumulative work that an attacker would have to redo. For XVG holders, hash-rate trends are a more honest health signal than price alone.
Under the hood, XVG secures its ledger with Proof of Work, built on the Multiple algorithm.
Background & fundamentals
Verge first went live in 2014, giving it roughly 12 years of on-chain price history to draw on. Verge operates under a semi-centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 10 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack.
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 XVG. CoinPaprika classifies the project's development status as "Working product".
In sector terms it is most often filed under Cryptocurrency, Payments, and Scrypt.
Where Verge sits in the market
With XVG near $0.00209400, Verge carries a market capitalization of $34.60M. Around $2.54M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 7.33% of the float — a healthy level of activity for an asset this size.
Almost the entire XVG supply is already in circulation (~99.8% of the 16.6B cap), so future dilution is effectively off the table. XVG remains -99% beneath its all-time high of $0.3006, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.00001033, XVG is up +20,171%.
What the price history shows
Recent moves read 24-hour -4.43%, 7-day -14.96%, 30-day +1.92%, 1-year -57.53%. Across roughly the last 365 days of daily candles, XVG endured a peak-to-trough drawdown of about 67% before stabilizing.
Volatility profile
Recent action puts Verge 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 +1.92%, a useful input for stop placement and position sizing.
How to read Verge as a proof-of-work asset
A grounded read on XVG comes down to three questions:
- Security budget — whether mining rewards plus fees are enough to keep hash power — and therefore attack cost — high.
- Issuance schedule — how new XVG enters circulation and when emissions taper. Disinflation is a core part of the bull case for PoW coins.
- Settlement demand — whether the chain is actually used to move value, since fee revenue eventually has to carry security as block subsidies shrink.
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.
