XELS Price

XELS is a cryptocurrency launched in 2019 that operates on the Ethereum blockchain. It aims to provide a decentralized platform for transparent environmental reporting and carbon offset tracking using blockchain technology. Key features of XELS include: - Enables companies to generate and maintain accurate NFT-based carbon offset activity records - Provides certified and traceable environmental reporting solutions for businesses - Focuses on addressing climate change and encouraging sustainable development - Offers a decentralized exchange for carbon credits to combat global warming Currently trading at $0.03208, XELS has a market cap of $628.52K and a 24-hour trading volume of $40.61K. Its circulating supply is 19.58M XELS out of a total supply of 21M XELS. The all-time high price for XELS was $13.95 on December 14, 2021. Looking ahead, some price predictions for XELS include: 2027: $0.03481 2031: $0.05709 2036: -- As an eco-technology platform, XELS aims to revolutionize corporate environmental disclosure and carbon offset tracking in the coming years.

XELS cryptocurrency was created in 2019. It was officially launched on October 8, 2019 and operates on the Ethereum blockchain platform. XELS aims to provide decentralized climate disclosure solutions for companies seeking transparency in environmental reporting through blockchain technology. Since its creation, XELS has been working towards enabling enterprises to generate and maintain accurate NFT-based carbon offset activity records that are certified, traceable, and cost-effective.

The founders of XELS are Takamitsu Asanuma and Takahiro Ito. They established the company behind XELS in 2018 with a focus on mitigating climate change and promoting sustainable development. Takamitsu Asanuma serves as the CEO, bringing extensive experience in blockchain technology and environmental initiatives. Takahiro Ito is the CTO, leveraging his expertise in software development and cryptography to build the XELS platform. Together, they aim to create a decentralized exchange of value through blockchain to combat global warming. Their vision is to provide transparent and traceable carbon offset solutions for businesses using NFT-based records on the XELS network.

XELS works as a decentralized platform for climate disclosure and carbon offset tracking using blockchain technology. Here's how it operates: 1. Companies generate NFT-based carbon offset activity records on the XELS network. 2. These records are certified, traceable, and provide transparent environmental reporting. 3. The XELS token is used within the ecosystem to facilitate transactions and incentivize participation. 4. XELS's blockchain ensures the immutability and security of carbon offset data. 5. Enterprises can easily track and report their carbon emissions across their supply chain. 6. The platform simplifies environmental disclosure for businesses, enhancing trust with customers and investors. 7. XELS aims to combat global warming by encouraging sustainable practices through its tokenized system. As of 2026-02-02, XELS is trading at $0.03208 with a 24-hour trading volume of $40.61K. The current market cap stands at $628.52K, ranking #2877 among cryptocurrencies. With a circulating supply of 19.58M XELS and a maximum supply of 21M XELS, XELS continues to grow its ecosystem and user base in the fight against climate change.

XELS utilizes a hybrid blockchain architecture combining Proof-of-Stake (PoS) consensus with a layer-2 scaling solution. The core blockchain is built on Ethereum, leveraging its security and decentralization. On top of this, XELS implements a custom layer-2 network using Optimistic Rollups to enhance scalability and reduce transaction costs. This dual-layer approach allows XELS to process a high volume of carbon credit transactions efficiently while maintaining the robustness of the Ethereum mainnet. The platform also incorporates advanced cryptographic techniques for privacy-preserving carbon credit verification and tracking. Smart contracts on XELS's network automate many processes related to carbon credit issuance, trading, and retirement. This technical architecture enables XELS to serve as a transparent, secure, and scalable infrastructure for the global carbon market.

XELS has an ambitious roadmap focused on expanding its ecosystem and adoption in the carbon offset market. Key future milestones include: 2026: Launch of improved NFT-based carbon credit tracking system 2027: Partnerships with major corporations to onboard their carbon offset programs 2028: Integration with government carbon registries in multiple countries 2031: Become the leading blockchain platform for transparent carbon credit trading globally The XELS team is continuously developing new features to enhance usability and scalability. They aim to increase the total supply from 21M XELS to 21M XELS by 2031 to meet growing demand. Price predictions suggest XELS could reach $0.03481 by 2027, $0.04147 by 2026+3, and potentially $0.05709 by 2031 as adoption increases. However, these are speculative estimates and actual performance may vary. Overall, XELS's future looks promising as more companies prioritize carbon neutrality and seek transparent offset solutions. The project's focus on real-world utility in the growing environmental sustainability sector positions it well for long-term growth and relevance.