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View ChartSmart Layer Network (SLN) is an Ethereum infrastructure layer that provides advanced token utility for Web3 gaming, real-world assets (RWA), and DeFi projects. According to the project team (as stated in a KuCoin AMA), Smart Layer is the team behind ERC-5169 and TokenScript, technologies that allow tokens to become modular dApps capable of carrying executable scripts and displaying front-ends. The project introduces app-like utility to ERC-20 and ERC-721 tokens through a concept known as Tokens as Apps (tapps). SLN is the native utility and governance token of the ecosystem, used to secure and fuel the network. The maximum supply is capped at 100 million tokens, with approximately 45.39 million SLN in circulation (per CoinMarketCap registry data). Smart Layer was founded in 2017 in Sydney, Australia, and the SLN token launched in 2024; the project's testnet was announced alongside an interview with co-founder Victor Zhang.
Smart Layer is a funded company based in Sydney, Australia, founded in 2017 by Weiwu Zhang, James Brown and Zhongnan Zhang. Weiwu Zhang serves as CTO, James Brown as Lead Developer, and Zhongnan Zhang is credited as an ERC-5169 inventor; Victor Zhang is referenced as CEO in project materials. An interview between Orange Paper and Victor Zhang was published in connection with the Smart Layer Network Testnet launch. The founding team brings together expertise in blockchain infrastructure and token standards, driving the vision of a tokenised web through innovative technologies such as ERC-5169 and TokenScript.
Smart Layer Network operates as a programmable blockchain-based service network that facilitates the execution of token logic and enables intricate interactions with various systems and tokens. At its core, the network is powered by the SLN token, which is essential for securing and fueling operations. It functions as a distributed service network governed by a native set of validators, ensuring decentralized control and robust security. TokenScript allows tokens to become modular dApps by carrying executable scripts and display front-ends. ERC-5169 enhances token capabilities by enabling them to carry executable scripts, while ERC404 V2 improvements support advanced token use cases. The network handles the off-chain part of a tapps' back-end logic and offers a server-side runtime environment, allowing developers to introduce app-like utility to ERC-20 and ERC-721 tokens.
Smart Layer Network stands out through its introduction of ERC-5169 and TokenScript, which transform tokens into modular dApps with executable scripts and front-ends. This approach enables tokens to transcend traditional roles, offering new dimensions of utility and interactivity. The network facilitates the tokenisation of goods, services, and digital rights into programmable tokens, addressing issues of integration, privacy, and trust. By developing smart tokens that encapsulate business logic, Smart Layer aims for interoperable and self-contained interactions across various systems. The concept of Tokens as Apps (tapps) is designed to lead to more consumer applications and greater utility. According to the co-founders, the project's vision is to build a "token Internet" and encourage Web2 companies to enter the tokenized economy. The project cites its Smart Cats demonstration as having processed over 22 million transactions with more than 500,000 users.
SLN is the native utility and governance token of the Smart Layer ecosystem. It is used to secure and fuel the Smart Layer Network and serves as a key driver of other tools within the ecosystem. The token captures value across the entire Smart Layer ecosystem and provides utility in both on-chain and off-chain environments. SLN holders participate in governance, influencing the direction of the network and its associated tools. The token also plays a role in incentivisation mechanisms within the ecosystem. Additionally, the network supports use cases such as the Smart Car Token and Smart Health Token, demonstrating the capability to integrate blockchain technology into everyday life and enhance functionality and user experience.
The Smart Layer Network ecosystem is actively developing, with several projects demonstrating its capabilities. The project conducted IEO funding rounds, with token sale details tracked on CryptoRank (https://cryptorank.io/ico/smart-layer-network). The network supports ERC-20 and ERC-721 tokens with app-like utility, as well as advanced token use cases through ERC404 V2. Use cases such as the Smart Car Token and Smart Health Token illustrate the integration of blockchain technology into everyday life. The ecosystem centers on Smart Tokens, including Executable Tokens and NFTs, with the Smart Layer Network forming a key function within this framework. The project maintains a tokenomics page at smartlayer.network/tokenomics, and its IEO funding rounds are tracked on CryptoRank.
Smart Layer Network does not utilize traditional mining. Smart Layer does not use proof-of-work mining. It is a token-incentivised network of service nodes: SLN rewards incentivise node operators to contribute resources and execute service-level agreements, and the network is governed by its native validator set. SLN, as the native utility and governance token, is central to these operations, providing incentives for participation and value capture across the ecosystem. Interested participants should refer to the official website and tokenomics page for updates on network participation opportunities.
Keeping your SLN tokens safe requires following standard security practices for ERC-20 tokens on Ethereum. Use a reputable wallet that supports ERC-20 tokens and keep your private keys or seed phrases secure and offline. Never share your private keys with anyone. Verify the official smart contract address before interacting with any token or platform. Be cautious of phishing attempts and unofficial links, and always double-check URLs against the official website. Consider using hardware wallets for long-term storage of significant holdings. Since SLN can also be traded on decentralized exchanges, ensure you are interacting with legitimate platforms and verify transaction details before confirming any swaps or transfers.
SLN is a market-traded asset, so its price can fluctuate significantly and holdings may lose value. Regulatory treatment of tokens varies by jurisdiction and may change, which can affect availability and compliance obligations. The network also carries technical risk, including smart contract vulnerabilities and operational dependencies on node operators; these risks are not fully eliminated by any single safeguard.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SLN are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Smart Layer Network (SLN) is $0.000314. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SLN to USD rate at the top of BTCC’s price page. In terms of market scope, Smart Layer Network records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $13.773K. Its current circulating supply stands at 43.83M out of a maximum supply cap of 100M.
The price volatility of Smart Layer Network (SLN) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (43.83M) to max supply (100M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Smart Layer Network (SLN) hit an all-time high (ATH) of $26.116258 on 2024-02-23 07:35, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000205 on 2026-04-02 00:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading SLN futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SLNUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Smart Layer Network, simply log into your BTCC account with USDT margin available, navigate to the SLNUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for SLNUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000314), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SLNUSDT with zero financial risk.
Trading Smart Layer Network (SLN) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SLNUSDT, and review its live price ($0.000314) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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