The current real-time price of SHX is $0.0081. In the past 24 hours, SHX has traded between $0.0078 and $0.0082, showing strong market activity. The all-time high of SHX is $0.0556, and the all-time low is $0.0{6}1301.
From a short-term perspective, the price change of SHX over the past 1 hour is , over the past 24 hours is -0.09%, and over the past 7 days is +2.64%. These figures provide a quick overview of the latest price trends and market dynamics of SHX on LBank.-8.42%
The live price of SHX today is $0.0081, with a current market cap of $43.769M. The 24-hour trading volume is 784K. The price of SHX to USD is updated in real time.
Before deciding whether to buy or sell SHX, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SHX technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SHX.
How much will SHX be worth tomorrow, next week, or next month in ? What about your SHX assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SHX Price Prediction
To learn more about SHX, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x88a7...68ea22  | 675.000M | 39.1% |
ethereum | 0x0000...e08a90 | 149.834M | 8.68% |
ethereum | 0xea59...604d28 | 10.629M | 0.62% |
ethereum | 0x6224...4e8b22 | 10.109M | 0.59% |
ethereum | 0xaf64...5ce49f | 10.014M | 0.58% |
Other | 870.693M | 50.44% |
SHX is a utility token deeply integrated into Stronghold's regulated payments infrastructure. It facilitates real-time payment settlements, allowing transactions to clear efficiently across various networks. Merchants utilize SHX to access discounts on transaction fees and to collateralize merchant cash advances within Stronghold's decentralized finance (DeFi) ecosystem. Furthermore, it serves as a loyalty reward mechanism, incentivizing participation and engagement among users and businesses on the platform.
While XLM powers the Stellar network and stablecoins offer stability, SHX provides unique utility within the Stronghold ecosystem specifically. Holding SHX grants access to direct benefits like discounted merchant fees, eligibility for merchant cash advances, and governance rights. It's designed to be the operational token for the Stronghold payment infrastructure, offering direct integration into its financial services rather than just a general network asset or a stable store of value.
The 100 billion max supply for SHX is designed to support Stronghold's vision of becoming a global, scalable payments infrastructure bridging traditional finance with Web3. This large supply allows for broad distribution, fractional use in micro-payments, and sustained allocation for ecosystem growth, liquidity provisions, and long-term incentive programs as the platform expands worldwide. It ensures sufficient tokens are available to facilitate a vast number of transactions and participants without creating artificial scarcity that could hinder widespread adoption or increase transaction costs.
The majority of the SHX supply not currently in circulation is held by Stronghold in escrow. These tokens are reserved for vital ecosystem growth initiatives, future loyalty rewards, liquidity provisions, and strategic partnerships. The release of these tokens is carefully managed and aligned with specific milestones and the increasing demand generated by the platform's expansion and utility adoption. This controlled release strategy aims to support the long-term health and development of the Stronghold ecosystem, ensuring tokens are deployed responsibly as the network scales.
Stronghold recently migrated its Ethereum-based SHX tokens to a new contract using the Axelar bridge. To upgrade your older ERC-20 SHX tokens, you typically need to use the official bridging mechanism provided by Stronghold, which leverages Axelar for cross-chain transfers. Specific instructions are usually available on the official Stronghold website or through their support channels, guiding users step-by-step to swap their 'old' Ethereum tokens for the 'new' ones on the updated contract, ensuring compatibility with the latest ecosystem features.
Early in its history, Stronghold forged a strategic partnership with IBM and was involved with IBM Blockchain World Wire. This collaboration aimed to leverage blockchain technology for cross-border payments, demonstrating Stronghold's capabilities in global transaction settlement. While the initial focus of the partnership has evolved, this early involvement helped validate Stronghold's infrastructure and its potential to bridge traditional finance with blockchain. It underscored Stronghold's commitment to enterprise-grade solutions and its regulated approach to digital payments.
Just Now
Dear LBank User
Our online customer service system is currently experiencing connection issues. We are working actively to resolve the problem, but at this time we cannot provide an exact recovery timeline. We sincerely apologize for any inconvenience this may cause.
If you need assistance, please contact us via email and we will reply as soon as possible.
Thank you for your understanding and patience.
LBank Customer Support Team
