Snetwork Price

Snetwork is a cryptocurrency token that operates on the Ethereum blockchain. It was created as part of the Snetwork ecosystem, which aims to build a distributed shared computing platform based on blockchain technology. Snetwork has a total supply of 1 billion tokens, with 238.6M SNET currently in circulation. The token is used within the Snetwork ecosystem to exchange for various services and resources. As of 2026-02-28, Snetwork is trading at $0.001568 with a 24-hour trading volume of $8.61K. Its current market capitalization stands at $374.13K, ranking it 3306 among all cryptocurrencies. The token has seen significant price movements recently, with a 24-hour change of +1.08% and a 30-day increase of 172.72%. Snetwork reached its all-time high of $0.0489610231740079 on November 7, 2021, and its all-time low of $0.000449265259656974 on February 9, 2025.

Snetwork was created on August 30, 2014. It was one of the early cryptocurrencies launched in the crypto market, predating many of the more well-known coins that exist today. Since its creation, Snetwork has gone through various developments and changes in its ecosystem, though it is no longer actively traded on major exchanges as of 2026-02-28.

The founders of Snetwork (SNET) are not publicly disclosed. Snetwork was launched as a decentralized project focused on building a distributed shared computing platform based on blockchain technology. The project aims to connect resource providers and users, allowing node participants to monetize idle computing resources while reducing costs for enterprises and individuals needing bandwidth, storage, and online services. While the specific founders are unknown, Snetwork emerged from a 1:1 exchange with LLT tokens in 2018 and has since developed its own ecosystem and token economy.

Snetwork works as a utility token within the Snetwork ecosystem, a distributed shared cloud computing network. Here's how it functions: 1. Resource sharing: Users can share idle computing resources on the network and earn SNET tokens as rewards. 2. Service payments: SNET is used to pay for various services within the Snetwork ecosystem, such as bandwidth, storage, and entertainment. 3. Token economics: The total supply of SNET is 1 billion tokens, with 238.6M SNET currently in circulation. 4. Exchange mechanism: SNET can be exchanged for services in the Snetwork ecosystem, but this exchange is one-way and irreversible. 5. Value proposition: By connecting resource providers and consumers, Snetwork aims to increase resource utilization and reduce costs for enterprises and individuals. 6. Smart device integration: Snetwork plans to support various blockchain-enabled smart devices, expanding the ecosystem's reach and utility. 7. Market performance: SNET is currently trading at $0.001568, with a 24-hour trading volume of $8.61K and a market cap of $374.13K. The Snetwork ecosystem continues to evolve, focusing on practical blockchain applications and shared computing resources.

Snetwork utilizes a distributed shared cloud computing network architecture. It is built on blockchain technology to create a decentralized platform for sharing computing resources. The system connects resource providers with users, allowing idle computing power to be monetized while reducing costs for enterprises and individuals needing bandwidth, storage, and computing services. The SNET token serves as the ecosystem's utility token, used to exchange for services within the network. The total supply is 1 billion tokens, with 238,603,999 currently in circulation. Snetwork runs on the Ethereum blockchain as an ERC-20 token. The technical infrastructure includes smart contracts to manage token transactions and resource allocation. It also incorporates various blockchain-enabled smart hardware devices like routers, smartphones, and IoT devices to expand the network of shared computing resources. Future plans involve supporting more blockchain-based hardware products to grow the ecosystem of decentralized computing power. This aims to create a robust peer-to-peer marketplace for computing resources, powered by the SNET token economy.

Snetwork has an ambitious roadmap for the future. Key milestones include: 2026: Expanding ecosystem partnerships and integrations 2027: Launching new DeFi products and services 2028: Implementing major protocol upgrades to improve scalability 2031: Achieving widespread adoption in decentralized cloud computing The SNET team is focused on continuous development and innovation. They aim to position Snetwork as a leading platform for distributed shared computing resources. Price predictions suggest potential growth: 2027: $0.001842 2026 + 3: $0.002316 2031: $0.00312 2036: -- While ambitious, these targets reflect the team's confidence in Snetwork 's long-term potential to disrupt cloud computing markets. Ongoing development and adoption will be key to realizing this vision.