Sovren Reaches All-Time High Price as Trading Volume Rises
Sovren is a sovereign digital infrastructure company that seeks to give businesses and communities control over their data, audience, and revenue on infrastructure they own rather than rent. The company builds two layers of infrastructure: the enterprise layer, which is Triton Cloud, a cloud provider offering compute, object storage, and private networking with predictable pricing; and the application layer, which includes consumer and business products such as Parler for social publishing, Play for video, Shop for commerce, Pay for wallets and payments, and Ads for advertisers.
Underneath both layers sits the Sovren Network, a Cosmos SDK blockchain powered by community-operated nodes that store data, forward traffic, and serve compute. The network's native token is SOVR, which is used to pay for and reward work on the network. According to Coinbase, the current market cap of Sovren is €0.00, with an all-time high price of €0.08654.
The trading volume of Sovren over the last 24 hours was €193.054K, and assets similar to Sovren in terms of market cap include Zoki, Coupons, and Dubs the Cat. The current circulating supply of Sovren is 1B SOVR.