Aeternity Price

Aeternity (AE) is a blockchain platform designed for scalability and efficiency. It aims to solve the challenges of blockchain adoption by offering high-speed transactions, smart contracts, and decentralized applications (dApps). Aeternity uses a unique consensus mechanism called 'Cuckoo Cycle' for mining, which is more energy-efficient than traditional Proof-of-Work systems. Key features of Aeternity include: 1. State channels: Enabling off-chain transactions for improved scalability 2. Oracles: Integrating real-world data into smart contracts 3. Naming system: Human-readable addresses for easier transactions 4. Governance: On-chain voting for protocol upgrades As of 2025-07-23, Aeternity is ranked #2105 on CoinMarketCap with a price of $0.007494. Its 24-hour trading volume is $107.57K, and it has a market cap of $3.25M. The circulating supply is 434.94M AE, with a maximum supply of 536.3M AE. Aeternity has potential applications in various industries, including finance, gaming, and supply chain management. Its focus on scalability and user-friendly features positions it as a promising platform for future blockchain innovations.

Aeternity (AE) was created on June 1, 2017. The project was officially launched on this date, marking the beginning of the Aeternity blockchain and cryptocurrency. Since its inception, Aeternity has aimed to provide a scalable blockchain platform for decentralized applications and smart contracts. The project focuses on improving blockchain technology's efficiency, scalability, and user-friendliness. As of 2025-07-23, Aeternity has been in operation for over 8 years, establishing itself as a notable player in the cryptocurrency space with its unique features and technological innovations.

The founders of Aeternity are Yanislav Malahov, Marion Vogel, and Nikola Stojanow. Yanislav Malahov, often referred to as the 'Godfather of Ethereum,' is the primary founder and visionary behind Aeternity. He conceived the idea in 2016 and officially launched the project in 2017. Marion Vogel joined as a co-founder and COO, bringing her expertise in business development and community management. Nikola Stojanow also co-founded the project, serving as the CFO and contributing his experience in finance and blockchain technology. Together, this trio established Aeternity as a blockchain platform designed to address scalability issues and improve upon existing smart contract technologies. The project aims to provide a more efficient and user-friendly ecosystem for decentralized applications and has since grown to become a notable player in the cryptocurrency space, currently ranked 2105 with a market cap of $3.25M.

Aeternity operates on a blockchain platform designed for scalability and efficiency. It utilizes a hybrid consensus mechanism combining Proof-of-Work (PoW) and Proof-of-Stake (PoS) to achieve fast transaction speeds and low fees. The network employs state channels for off-chain transactions, allowing for increased throughput and reduced congestion. Aeternity also features a built-in naming system and oracle machine, enabling seamless integration of real-world data into smart contracts. The platform supports the development of decentralized applications (dApps) through its own programming language, Sophia. With a current price of $0.007494 and a market cap of $3.25M, Aeternity aims to provide a robust infrastructure for decentralized finance (DeFi) and other blockchain-based applications. The total supply is capped at 536.3M AE, with 434.94M AE currently in circulation. As of 2025-07-23, Aeternity continues to evolve, focusing on improving scalability and user experience in the rapidly growing blockchain ecosystem.

Aeternity utilizes a unique technical architecture designed for scalability and efficiency. At its core is a hybrid consensus mechanism combining Proof-of-Work (PoW) and Proof-of-Stake (PoS). The blockchain employs state channels for off-chain transactions, enabling high throughput and reduced fees. Aeternity's virtual machine, the AE VM, supports smart contracts written in Sophia, a functional programming language. The network also features oracles for real-world data integration and a naming system for human-readable addresses. Aeternity's architecture includes a governance layer allowing stakeholders to vote on protocol upgrades. The platform's design prioritizes privacy with optional zero-knowledge proofs for transactions. As of 2025-07-23, Aeternity continues to evolve its architecture, focusing on interoperability and cross-chain functionality to enhance its ecosystem and use cases in the rapidly developing blockchain landscape.

Aeternity's future and roadmap look promising. The project aims to enhance scalability, privacy, and interoperability. Key milestones include: 2025: Implementing state channels for off-chain transactions, improving throughput. 2026: Launching a decentralized naming system and upgrading the consensus mechanism. 2027: Introducing cross-chain communication protocols and expanding DeFi capabilities. 2030: Developing advanced privacy features and integrating with IoT devices. 2035: Achieving widespread adoption in various industries and becoming a leading platform for decentralized applications. The team is committed to continuous development, focusing on user experience, security, and ecosystem growth. Aeternity plans to expand partnerships, foster developer communities, and explore new use cases in emerging technologies. With its innovative approach to blockchain scalability and smart contract functionality, Aeternity is well-positioned to compete in the evolving crypto landscape. The project's long-term vision includes becoming a key player in Web3 infrastructure and supporting the next generation of decentralized applications.