Organization Name – Xprnetwork
Category – ![Layer-1]()
Layer-1
XPR Network (formerly Proton Network) is a public layer‑one blockchain built on a Delegated Proof‑of‑Stake (DPoS) consensus model and powered by the Antelope protocol. It’s designed to deliver… ultra‑fast throughput—billions of transactions per month with over 4,000 TPS and finality in minutes—while offering zero gas fees for users. Developers and applications pay via resource subscriptions, shifting cost predictability to app builders rather than end users. A distinguishing feature is its human‑readable on‑chain identity system called XPR Names, which enables users to transact via usernames instead of long wallet addresses, reducing errors and enhancing UX. Token-wise, XPR is the native token with an open supply and moderate annual inflation (about 4–5%) divided between block producers, stakers, and a steering foundation. Governance is token‑based: holders stake to vote for block producers in quarterly cycles, while also participating in protocol decisions. The ecosystem is tightly integrated with Metal Pay, Lynx Wallet, and Metal X exchange, enabling seamless fiat‑crypto flows, staking, swapping, lending, NFTs, and identity use cases across real‑world apps like e‑commerce, social media, supply chains, and banking rails. In mid‑2024, the project formally rebranded from Proton to XPR Network while consolidating Lynx and Metal Pay under the new brand. Through 2025 the ecosystem continued expanding via developer SDKs (JavaScript, iOS, Android, WebAssembly), enabling tokens, DEXs, lending features, token creation, and social apps. A major ecosystem update in March 2025 rolled out “Snipverse 2.0,” a decentralized social media platform on XPR designed for creators with integrated token rewards. Core infrastructure emphasizes WASM smart contracts written in AssemblyScript for scalable and efficient execution. Community sentiment is mixed: while users praise stability, usability, and zero fees, critics cite past controversies such as token dilution from led team compensation and slow development pace. Moderately-sized trading volume and market cap (circa $140–150 M as of mid‑2025) reflect cautious adoption. Still, proponents argue the ecosystem’s utility—spanning remittances, identity, token issuance, and social apps—is improving long‑term viability. A growing ecosystem token, LOAN, launched alongside Metal X lending, provides yield and governance utility tied to XPR holdings and liquidity pools, signaling deeper DeFi layering. While listings remain limited—with rumors of a possible Binance listing circulating—the project relies heavily on its in‑house DEX and wallets as gateways. Reddit users emphasize technical fundamentals and developer friendliness, although some express skepticism over inflation and insider sell‑off. As of 2025, XPR Network combines its foundational zero‑fee and identity features with dApp support, lending, DEX, token creation, and social layers—targeting real‑world payments, identity, token utility, and micro‑interaction use cases across industries. The roadmap through late 2025 includes additional ecosystem dApps, more lending products, broader token usage, cross‑chain integrations, and growing institutional or merchant adoption campaigns—all centered on usability, identity, and fee‑free experiences. Read More
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