Powerledger (POWR) is the utility token of a blockchain‑based energy marketplace that enables tracking and trading of renewable energy and environmental commodities. The token grants access to the platform and future transaction usage.
POWR is currently trading in the low‑cent range around ~$0.07–$0.08 USD, far below its 2018 peak near $2.01, reflecting subdued demand and broader market weakness.
Recent price movement has largely mirrored broader cryptocurrency sell‑offs rather than positive catalysts specific to the project.
Technical outlook suggests a range‑bound near‑term unless Bitcoin finds stability; breaking key resistance could spark a bounce toward higher levels.
Powerledger’s long‑term narrative lies in the DePIN/energy decentralization sector, but adoption and trading volume remain modest.
Liquidity improvements from new exchange listings and support on multiple blockchains (Ethereum and Solana) add flexibility for traders and holders.
POWR
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