What Electroneum is
Electroneum (ETN) is a Layer-1 blockchain network, currently ranked 256th by market capitalization among the assets we track. Electroneum is a Layer-1 smart-contract platform secured by proof-of-stake: validators lock ETN as collateral, and the protocol slashes anyone who misbehaves. The token is simultaneously gas, collateral, and a claim on staking yield.
Electroneum (ETN) is a cryptocurrency designed for mobile users, allowing easy digital payments and the ability to earn by mining using smartphones. It aims to be accessible and user-friendly for individuals in emerging markets.
How consensus and the token economy connect
Because security is bought with bonded ETN rather than hardware, the share of supply staked is a useful gauge of conviction — and of how much float is effectively locked.
Under the hood, ETN secures its ledger with Proof of Work, built on the CryptoNight algorithm.
Background & fundamentals
Electroneum operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 24 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 ETN. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Cryptocurrency, Payments, and Mobile.
Where Electroneum sits in the market
Trading around $0.00309100, Electroneum carries a market capitalization of $55.58M. Around $1.01M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.83% of the float — on the quieter side, which can mean thinner liquidity for large orders.
About 86% of the hard cap of 21B ETN has been minted, leaving only modest issuance ahead. ETN remains -99% beneath its all-time high of $0.2362, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, ETN shows 24-hour +3.55%, 7-day +199.51%. ETN is currently trading near the bottom of its 366-day range (around the 9th percentile of recent closes).
Volatility profile
Recent action puts Electroneum 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 Electroneum
A grounded read on ETN 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 ETN staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Electroneum 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.
