Native token SXP. 8-second blocks, 53 block producers, fully on-chain. This site is the Foundation's transparent record of the network — its history, its present status, and how to take part.
Solar is an independent, open-source Layer-1 blockchain secured by Delegated Proof-of-Stake: 53 elected block producers, 8-second blocks, BIP340 Schnorr signatures, and a partial fee burn. Its native token is SXP. Solar's mainnet launched on 28 March 2022 as a community-driven fork of ARK Core, and the SXP token migrated to it 1:1 in 2023. The network is open-source on GitHub and explorable on Solarscan.
8-second blocks, dynamic fees, and a deflationary partial burn of network fees.
53 elected block producers secure the chain, with on-chain voting by token holders.
Open-source core, a public block explorer, and on-chain governance — all auditable.
Solar is in a maintenance-only state. There is no active development team and no further protocol updates are planned. The network continues to operate through its independent block producers, and the Foundation maintains seed infrastructure and this record on a best-effort basis so the chain remains reachable for existing holders and integrations.
Following the resignation of the project's lead developer in November 2025 (statement), the Foundation published a full Project Status Update (January 2026) and held an open governance vote on an optional path forward. After that vote did not reach quorum (outcome), no successor development team came forward. Solar remains open for any credible organization to steward — see Get involved.
View full status →Last protocol release: Core 4.3.1. No further releases planned.
Major listings closed in 2025–2026. See the history record.
Foundation keeps seed infrastructure online — best-effort, no SLA.
The Solar Foundation believes the network's history should be public and verifiable. Below is a sourced timeline — from Swipe's founding through the Binance acquisition, the 2023 rebrand to Solar, and the 2025–2026 wind-down. Verifiable facts link to primary sources. A small number of points reflect statements the Foundation has placed on record about internal events, labelled accordingly. They are consistent with the public record but have not yet been independently confirmed, and the parties involved have not responded publicly.
Core 5.0 reached ~90% testnet completion. Releasing it required Binance’s consent — conditioned, in the Foundation’s account, on cancelling the agreed monthly timelock, transferring all remaining 18M SXP at once, and accepting personal liability, with no guarantee of listing. The underlying agreement is published in full.
SXP is the native token of the Solar mainnet. After major exchanges delisted in 2025–2026, remaining trading is on a small number of venues with low liquidity. The Foundation lists these for informational continuity only — this is not an endorsement or financial advice. Before depositing or withdrawing, confirm the deposit network is Solar mainnet (not a legacy contract).
If you self-custody SXP, your wallet and the network continue to operate. Verify balances and transactions on Solarscan. The Foundation makes no price predictions and no guarantees about liquidity or future listings.
Exchanges needing to support SXP deposits/withdrawals during wind-down can reach the Foundation for technical continuity help (node endpoints, explorer, network parameters): [email protected]. The Foundation cannot make listing or market decisions.
Solar is open-source and remains open for any credible organization, foundation, or contributor better positioned to take a more active role in its development. The Foundation will reasonably assist a genuine successor's technical transition. If your team is interested, contact [email protected].