Sanctum Price

Sanctum is a cryptocurrency operating on the Solana blockchain platform. It serves as the native token for Sanctum, a revolutionary ecosystem designed to transform the trading and utilization of Liquid Staking Tokens (LSTs) on Solana. CLOUD facilitates zero-slippage transactions, enhanced liquidity options, and access to premium features within the Sanctum marketplace. Key features of Sanctum: 1. Current price: $0.08176 2. Market cap: $14.71M 3. 24-hour trading volume: $1.99M 4. Circulating supply: 180M CLOUD 5. Total supply: 1B CLOUD 6. All-time high: $0.6297 (reached on November 14, 2024) 7. All-time low: $0.06411 (reached on May 7, 2025) Sanctum aims to enhance liquidity and yield opportunities for LST traders and investors. The token enables reduced transaction fees, staking rewards, and access to advanced functionalities within the Sanctum ecosystem. With its focus on seamless LST trading, Sanctum is positioning itself as a potential game-changer in the decentralized finance space on the Solana network.

Sanctum was created on July 19, 2024. It was launched as the native token of Sanctum, a blockchain platform designed to revolutionize the trading and utilization of Liquid Staking Tokens (LSTs) on Solana. Sanctum aims to enhance liquidity and yield opportunities for LST traders and investors by facilitating reduced transaction fees, staking rewards, and access to premium features within the Sanctum ecosystem. Since its creation, Sanctum has gained traction in the decentralized finance space, supporting seamless trading of millions of LSTs and setting new standards for zero-slippage transactions and enhanced liquidity options on the Solana blockchain.

The founders of Sanctum are not publicly disclosed. Sanctum was launched as a decentralized project on the Solana blockchain in July 2024. The development team behind Sanctum has chosen to remain anonymous, which is not uncommon in the cryptocurrency space. The project focuses on revolutionizing the trading and utilization of Liquid Staking Tokens (LSTs) on Solana, providing a marketplace for zero-slippage transactions and enhanced liquidity options. While the identities of the founders are unknown, the project has gained significant traction since its launch, with a current market cap of $14.71M and a circulating supply of 180M CLOUD CLOUD tokens.

Sanctum operates on the Solana blockchain platform, utilizing its high-speed and low-cost infrastructure. As a native token of the Sanctum ecosystem, CLOUD facilitates various functions: 1. Transaction Fee Reduction: Users can pay lower fees when trading Liquid Staking Tokens (LSTs) on the Sanctum platform. 2. Staking Rewards: CLOUD holders can stake their tokens to earn passive income. 3. Governance: Token holders participate in decision-making processes for the Sanctum protocol. 4. Premium Features Access: CLOUD grants users access to advanced trading and liquidity options. 5. Zero-Slippage Trades: The token enables efficient, slippage-free LST transactions within the Sanctum marketplace. 6. Liquidity Provision: Users can provide liquidity to earn additional rewards. The Sanctum ecosystem aims to revolutionize LST trading on Solana, offering enhanced liquidity and yield opportunities for traders and investors. With a total supply of 1B CLOUD and a circulating supply of 180M CLOUD, CLOUD is designed to support the seamless trading of millions of LSTs, setting new standards in decentralized finance.

Sanctum is built on the Solana blockchain platform, leveraging its high-speed and low-cost transaction capabilities. The technical architecture of CLOUD includes: 1. Smart Contracts: Implemented using Solana's programming model for efficient execution of decentralized applications. 2. Proof-of-Stake Consensus: Utilizes Solana's Proof-of-Stake mechanism for network security and transaction validation. 3. Token Standard: Follows Solana's SPL token standard, ensuring compatibility with the Solana ecosystem. 4. Zero-Slippage Transactions: Implements a unique mechanism for executing trades without price slippage. 5. Liquidity Pools: Utilizes automated market makers (AMMs) for providing liquidity to Liquid Staking Tokens (LSTs). 6. Cross-Program Invocation: Enables interaction with other Solana programs for enhanced functionality. 7. On-chain Order Book: Maintains an efficient order matching system for LST trading. 8. Staking Mechanism: Incorporates a staking system for CLOUD token holders to earn rewards. This architecture allows Sanctum to offer seamless trading of LSTs, reduced transaction fees, and enhanced liquidity options within the Solana ecosystem.

The future and roadmap of Sanctum look promising. As a revolutionary platform for trading Liquid Staking Tokens (LSTs) on Solana, Sanctum aims to set new standards in decentralized finance. Key milestones in the roadmap include: 2025: Expanding the ecosystem to support seamless trading of millions of LSTs, enhancing liquidity options, and implementing zero-slippage transactions. 2026: Introducing advanced features for CLOUD token holders, including reduced transaction fees and exclusive staking rewards. 2027: Launching new partnerships to increase adoption and utility of CLOUD across the Solana ecosystem. 2030: Establishing Sanctum as the go-to platform for LST trading and liquidity provision in the DeFi space. The team is committed to continuous development and innovation, with a focus on improving user experience, security, and scalability. As the project gains traction, we can expect the value and utility of CLOUD to grow significantly. By 2030, Sanctum aims to be a cornerstone of the Solana DeFi landscape, potentially reaching a price of $0.1383.