$POWR POWR is the token of the Power Ledger platform, which is a decentralized and transparent energy trading platform. Here are some key information about POWR:

• Function: POWR has dual governance and utility functions within the Power Ledger ecosystem. It allows holders to participate in platform decisions such as upgrades and parameter adjustments, and users can use POWR for energy trading. POWR serves as the fuel token for the trading platform, similar to a license, allowing users to access and utilize the platform.

• Market Performance: The market capitalization and circulation data of POWR show that as of November 26, 2024, there are currently 558.76M POWR in circulation, with a current market cap of 198.40M. The historical highest price of POWR was $2.01, recorded on January 4, 2018, while the historical lowest price was $0.03183016, recorded on March 13, 2020.

• Partnerships: The core business of Power Ledger is to create a distributed energy market and is actively promoting collaboration with other companies to enhance brand influence and continuously strengthen the construction of the blockchain ecosystem.

• Technological Innovation: Power Ledger employs a smart approach to address the challenges of energy trading by designing a "decentralized" and "trustless" trading platform for traditional power networks. Power Ledger operates on two blockchain layers and utilizes two tokens, namely Power Ledger (POWR) and Sparkz tokens. The platform itself uses the public Ethereum blockchain and a private consortium blockchain called EcoChain™.

In summary, POWR as the token of the Power Ledger platform has significant applications and potential in the fields of energy trading and blockchain technology.