Solar (SXP)
DPoS blockchain formerly Swipe. Solar wallet and DEX network.
Ranked 199th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
SXP scores 88 of 250 across the 25-variable framework, which places it 199th of 251 rated tokens and inside the bottom quartile of the set. The framework verdict is PASS.
The score rests on Insider Selling 5/10, 42nd of 251, Holder Concentration 4/10, 58th of 251, Supply Inflation 5/10, 61st of 251 and Buyback and Burn 3/10, 63rd of 251.
Against the same universe, SXP sits in the bottom third on Market Share 2/10, 203rd of 251, Revenue Trend 2/10, 191st of 251, TVL Trend 2/10, 189th of 251 and Treasury Runway 4/10, 181st of 251. These are the variables that would have to move for the verdict to change.
100% of eventual supply is already circulating, so vesting is not a live risk for SXP. Price has to be justified by demand rather than absorbed against a cliff.
SXP trades 99.957% below its all-time high of $5.79. Recovering that level is a 2,326x move, not a 99.957% one, which is the arithmetic most drawdown charts hide.
The framework score gained 88 points against the previous pass (0 to 88). Revisions of this size follow a change in the underlying variables, not a change in price.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 2 | 166th of 251 | |
| Revenue Trend | 2 | 191st of 251 | |
| P/S Multiple | 4 | 104th of 251 | |
| Real Staking Yield | 4 | 82nd of 251 |
Supply
| Supply Inflation | 5 | 61st of 251 | |
| Vesting Schedule | 5 | 100th of 251 | |
| Circulating / FDV Ratio | 5 | 135th of 251 | |
| Buyback and Burn | 3 | 63rd of 251 |
Ownership
| Smart Money Flows | 3 | 149th of 251 | |
| Insider Selling | 5 | 42nd of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 2 | 189th of 251 | |
| Active Users | 3 | 149th of 251 | |
| Developer Activity | 4 | 158th of 251 | |
| Network Growth | 3 | 156th of 251 |
Position
| Market Share | 2 | 203rd of 251 | |
| Competitive Moat | 3 | 175th of 251 | |
| Institutional Adoption | 3 | 115th of 251 | |
| Exchange Depth | 4 | 157th of 251 | |
| Social Mindshare | 3 | 157th of 251 |
Risk
| Regulatory Safety | 5 | 102nd of 251 | |
| Catalyst Calendar | 3 | 158th of 251 | |
| BTC Alpha Potential | 3 | 114th of 251 | |
| Team Execution | 4 | 147th of 251 | |
| Treasury Runway | 4 | 181st of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Solar blockchain upgrades; cross-chain DeFi and payment adoption.
Principal risk
Regulatory uncertainty in payments; low network TVL.
Market and supply
| Price | $0.002503 |
| Market cap | $1.7Mrank 2358 |
| All-time high | $5.793 May 2021 |
| Circulating supply | 673,393,199 |
| Eventual supply (total supply) | 673,393,199 |
| Dilution to full supply | 1x |
| Listed on | Binance, KuCoin, Gate.io |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to SXP measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Common questions
- What is the Early Thunder score for Solar (SXP)?
- SXP scores 88 out of 250 on the 25-variable framework, ranking 199th of 251 rated tokens (bottom quartile). The framework verdict is PASS.
- What are SXP's strongest fundamentals?
- SXP ranks highest on Insider Selling 5/10, 42nd of 251, Holder Concentration 4/10, 58th of 251, Supply Inflation 5/10, 61st of 251 and Buyback and Burn 3/10, 63rd of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the SXP thesis?
- SXP scores in the bottom third of the universe on Market Share 2/10, 203rd of 251, Revenue Trend 2/10, 191st of 251, TVL Trend 2/10, 189th of 251 and Treasury Runway 4/10, 181st of 251. The single risk carried on the scorecard is: Regulatory uncertainty in payments; low network TVL.
- How much SXP supply is still to enter circulation?
- 100% of eventual SXP supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is SXP from its all-time high?
- SXP trades 99.957% below its all-time high of $5.79. Returning to that high requires a 2,326x move from the level used in this scoring pass.
- Which tokens have a similar profile to SXP?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to SXP are HIGH (88), FORTH (84), LEVER (87) and MBOX (92). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for SXP?
- Solar blockchain upgrades; cross-chain DeFi and payment adoption.
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.