POWR Powerledger Rank #746 $0.0430 ▲ 0.70%

Powerledger is a technology company focused on building software for distributed and decentralised energy markets, with the goal of supporting a more sustainable and modernised grid. Headquartered in Zug, Switzerland, the company operates in more than ten countries and was founded in 2016 to address the intermittency of renewable energy sources such as solar and wind. Its approach centres on creating agile, blockchain-based markets that help regulate energy supply and demand while enabling a transition to a more responsive, distributed network. Powerledger runs on a two-layer blockchain architecture. The POWR token is issued on Ethereum as an ERC-20 token, while energy transactions are processed on a native Solana-based blockchain designed for greater scalability. POWR functions as a licence that utilities, renewable energy operators, microgrid operators, companies committed to one hundred percent renewable energy, and property developers must hold to access the platform, and it is intended to be used for transaction fees on the Powerledger blockchain. The platform allows participants to track, trace, and trade energy, flexibility services, and environmental commodities, supporting both grid stability and the democratisation of power through consumer choice.