Shyft Network Price (SHFT)

Unlisted

What is Shyft Network about?

Shyft Network is a public blockchain protocol designed to aggregate and embed trust and validation into data stored on public and private ecosystems, and permissioned and permissionless networks. By facilitating bridging across siloed datasets, Shyft allows for layering of context on top of data, ultimately turning raw data into meaningful information.

What makes Shyft Network unique?

Shyft Network is developing regulatory-compliant tools for Decentralized Finance that bridge the gap for centralized and decentralized organizations to ease their entry into the blockchain space. The goal is to aid mainstream financial institutions venture into DeFi and participate in a compliant manner. By lowering risk and exposure to money laundering, the Shyft Network could open up the crypto industry to large capital inflows and, potentially, millions of users from the mainstream markets.

What's the history of Shyft Network?

Founded in 2017 in Bridgetown Barbados, Shyft Network was built by a group of founders that have collectively launched several successful companies in the ecosystem since as early as 2012. The Shyft Network core team is responsible for technical development of the network architecture, establishment of use cases for the network and for the SHFT token, and guiding the vision for network growth and development.

What can Shyft Network be used for?

Shyft Network has been developing identity solutions that help centralized and decentralized applications become compliant with existing regulations. They have partnered with various entities, notably virtual asset services providers (VASPs) who must comply with the FATF Travel Rule. Veriscope, Shyft Network’s proactive approach to regulatory compliance, has been applauded for its ability to bring together prominent liquidity providers and accelerate the potential mass adoption of decentralized applications.

What is the current trading price of Shyft Network?

Shyft Network (SHFT) is currently priced at ₱0.0246771568399170980000 PHP, reflecting a price movement of 1.18% over the last 24 hours. This price represents the latest aggregated market rate across major exchanges and updates continuously based on live market activity.

What factors are influencing Shyft Network's price movement today?

The recent price movement over the last 24 hours is shaped by a combination of market sentiment, liquidity fluctuations, and category-wide performance within the Ethereum Ecosystem sector. Broader economic trends and on-chain activity on -- may also contribute to short-term volatility.

How strong is the trading interest in SHFT?

Investors have generated ₱-- in 24-hour trading volume, signaling active participation. Higher volume typically indicates increased confidence and better price discovery.

What is Shyft Network's position in the global crypto market?

It currently holds market rank #3773 with a market capitalization of ₱57621613.92078155480000, placing it among the more established assets within its sector.

What does the circulating supply tell us about SHFT?

With 2335062791.449808 tokens in circulation, the supply level plays a major role in determining scarcity, long-term inflation, and market valuation.

How does today's price compare to Shyft Network's recent performance?

The price range between ₱0.0240711903498071460000 and ₱0.0247955096700166980000 over the last 24 hours highlights its intraday volatility and helps traders evaluate short-term price opportunities.

How does Shyft Network stack up against similar assets?

Against other Ethereum Ecosystem tokens, SHFT continues to show competitive performance, supported by steady volume and consistent interest from both retail and institutional participants.