Nano Price Today | XNO to USD, Price Index & Live Chart

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The live Nano (XNO) price today stands at $0.90**, with a 24-hour trading volume of **$487,425. Over the past day, Nano has seen a notable price increase of 7.20%, reflecting renewed interest from traders and investors. Currently ranked #316 out of over 68,000 tracked cryptocurrencies by market presence, Nano maintains a live market cap of $119,781,481.

With a circulating supply of 133,248,297 XNO—equal to its maximum supply—Nano operates under a fully diluted model, meaning no new tokens will ever be created. This fixed supply enhances scarcity and supports long-term value retention.

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What Is Nano (XNO)?

Nano is a decentralized, peer-to-peer digital currency designed for fast, feeless, and secure global transactions. Unlike traditional blockchain-based cryptocurrencies, Nano leverages a unique directed acyclic graph (DAG) architecture known as the block-lattice structure, enabling each user account to have its own blockchain. This innovation allows for near-instantaneous transaction finality—often under one second—without incurring any network fees.

Originally launched in 2014 as RaiBlocks (XRB), the project was rebranded to Nano in 2018 to emphasize its efficiency, simplicity, and suitability for microtransactions. At a time when high gas fees plagued networks like Bitcoin and Ethereum, Nano emerged as a compelling alternative for everyday payments.

Core Features of Nano:

These attributes make Nano particularly attractive for use cases involving frequent, small-value transfers—such as tipping content creators, remittances, or machine-to-machine payments in IoT ecosystems.

Who Are the Founders of Nano?

Nano was created by Colin LeMahieu, a seasoned software engineer with extensive experience at major tech firms including Dell, AMD, and Qualcomm. LeMahieu began developing the core protocol in 2014 under the name RaiBlocks, focusing on solving scalability and energy consumption issues inherent in early blockchain designs.

He led development efforts until the official rebranding to Nano in 2018 and continues to play a central role in guiding the project’s technical evolution. His vision centered on creating a truly usable digital cash system—one that prioritizes user experience and environmental sustainability.

How Does Nano Work?

Rather than relying on a traditional blockchain, Nano uses a block-lattice architecture, where every account has its own blockchain (or "account chain"). Each transaction requires two operations:

  1. The sender signs a spend block on their chain.
  2. The recipient signs a receive block on theirs.

This dual-signature model ensures security while eliminating the need for miners or validators to process every transaction across the entire network.

To prevent spam attacks, Nano requires a minimal proof-of-work (PoW) computation before submitting a transaction. This PoW is lightweight enough to run on mobile devices but sufficient to deter malicious actors.

Transaction validation occurs through a process called Open Representative Voting (ORV)—a delegation-based consensus system where users assign their voting weight to trusted nodes (representatives). When conflicts arise (e.g., double-spend attempts), representatives vote to determine the valid transaction.

Because consensus is achieved off-chain and only critical disputes require voting, the network achieves high throughput—capable of handling up to 1,000 transactions per second—with negligible latency.

How Is the Nano Network Secured?

Security in Nano relies on decentralized voting power rather than energy-intensive mining. Users who hold XNO can delegate their balance to a representative of their choice. These representatives participate in consensus during forks or contested transactions.

Key security advantages include:

The absence of block rewards means there's no inflationary pressure on XNO supply, and all transaction costs are effectively zero—making Nano one of the most eco-friendly and cost-efficient digital currencies available.

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What Is XNO Used For?

XNO serves as digital peer-to-peer cash, intended for everyday use in sending and receiving value globally. Its primary utility lies in:

Unlike speculative assets optimized for investment returns, XNO emphasizes practical usability. Its instant settlement and zero-fee model make it ideal for integrating into payment gateways, e-commerce platforms, and decentralized applications requiring frictionless value transfer.

Who Controls the Nano Network?

Nano is overseen by the Nano Foundation, a non-profit organization dedicated to advancing the adoption and development of the Nano protocol. The foundation supports open-source development, funds community initiatives, and promotes regulatory compliance.

Led by founder Colin LeMahieu and co-directed by George Coxon (a University of Liverpool graduate), the foundation collaborates with global fintech associations such as Crypto UK and the Global Blockchain Initiative to ensure responsible growth.

Despite its structured governance, the network itself remains fully decentralized—no single entity can alter rules or freeze accounts.

How Many XNO Tokens Are in Circulation?

Nano has a fixed maximum supply of 133,248,297 XNO, all of which are already in circulation. The original supply was reduced through a token burn to eliminate unsold allocations from the initial distribution via faucet.

This full dilution means:

The absence of mining or staking rewards further reinforces Nano’s focus on being a stable medium of exchange rather than an investment vehicle.

How Can You Buy XNO?

Nano is widely available on major cryptocurrency exchanges, making it easy to purchase with USD, USDT, BTC, or other cryptocurrencies. Leading platforms include Binance, KuCoin, DigiFinex, and OKX—offering deep liquidity and robust security.

Steps to buy XNO:

  1. Create an account on a supported exchange.
  2. Complete identity verification (KYC).
  3. Deposit funds via bank transfer or crypto.
  4. Place an order for XNO on the trading pair of your choice.

Given its long-standing presence since 2014, Nano enjoys broad market support and can typically be traded around the clock.

Can You Buy XNO Instantly?

Yes—most exchanges offer instant buy options using credit/debit cards or peer-to-peer markets. Once purchased, XNO can be transferred immediately between wallets at no cost and confirmed within seconds.

This immediacy enhances its appeal as a real-time payment solution.

How Do You Store XNO Safely?

Several wallet options support secure XNO storage:

For maximum security, users are encouraged to enable two-factor authentication (2FA) and back up private keys offline.

Is XNO a Good Investment?

While Nano isn't designed primarily as an investment asset, its technological strengths make it a compelling long-term hold for those believing in the future of feeless digital money.

Pros:

Challenges:

Despite slower growth in popularity, Nano remains a top contender in the digital cash space. As demand for scalable, green cryptocurrencies rises, projects like Nano may see renewed attention from both developers and users.

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Frequently Asked Questions (FAQ)

Q: What is the current price of Nano (XNO)?
A: As of today, XNO is trading at $0.90 USD.

Q: Is Nano truly feeless?
A: Yes—Nano transactions do not charge any network fees, making it ideal for microtransactions.

Q: How fast are Nano transactions?
A: Most transactions settle in under one second.

Q: Can I mine XNO?
A: No—Nano cannot be mined. All 133 million tokens were pre-minted and distributed via faucet; no new coins will be created.

Q: Where should I store my XNO?
A: Use trusted wallets like Natrium, Trust Wallet, or Exodus for secure storage.

Q: Does Nano use blockchain technology?
A: Not exactly—it uses a block-lattice structure based on DAG (directed acyclic graph), which offers better scalability and speed than traditional blockchains.

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