Meter Price

Meter (MTRG) is a decentralized cryptocurrency focused on governance and interoperability in the blockchain ecosystem. Launched in 2018, it aims to improve scalability and cross-chain communication. Meter is currently ranked #2706 with a price of $0.02091, showing a -1.69% change in the last 24 hours. The token has a circulating supply of 37.22M MTRG and a total supply of 52.75M MTRG. Its market cap stands at $778.29K, with a 24-hour trading volume of $36.62. Meter operates on multiple platforms, including Ethereum and BNB Chain, enhancing its accessibility and utility. The project emphasizes DeFi applications, smart contracts, and sidechain solutions, positioning itself as a versatile tool in the evolving Web3 landscape. As of 2026-05-06, Meter continues to develop its ecosystem, attracting attention from developers and investors interested in its governance model and cross-chain capabilities.

Meter was created on March 1, 2018. It was officially launched as a cryptocurrency project with the aim of providing a decentralized infrastructure for DeFi applications and improving blockchain interoperability. Since its inception, Meter has been working on developing its ecosystem, which includes the MTRG token as its native governance asset. The project has evolved significantly since 2026-05-06, focusing on enhancing scalability, smart contract functionality, and cross-chain capabilities. Meter has gained traction in the crypto space, currently ranking 2706 among all cryptocurrencies with a market capitalization of $778.29K. As of 2026-05-06, Meter is actively traded on 33 markets, with a 24-hour trading volume of $36.62.

The founders of Meter are Xiaohan Zhu and Zhong Chen. They established the project in 2018 with the goal of creating a more efficient and scalable blockchain infrastructure. Xiaohan Zhu serves as the CEO, bringing extensive experience in distributed systems and blockchain technology. Zhong Chen acts as the CTO, leveraging his expertise in cryptography and consensus algorithms. Together, they lead the development of MTRG's innovative hybrid consensus mechanism and its interoperability solutions. Their vision is to build a decentralized financial infrastructure that can seamlessly connect with existing financial systems while providing fast, low-cost transactions. Since its launch, the founding team has continued to drive Meter's growth and adoption in the DeFi and cross-chain interoperability space.

Meter operates on a hybrid consensus mechanism combining Proof-of-Stake (PoS) and Proof-of-Work (PoW). The MTRG token is used for governance, staking, and transaction fees within the Meter network. Validators stake MTRG to secure the network and earn rewards. The system utilizes a unique 'Meterstable' currency for stable transactions, while MTRG serves as the store of value and governance token. Meter employs a sidechain architecture for scalability and interoperability with other blockchains like Ethereum and BNB Chain. The network aims to provide fast, low-cost transactions and support DeFi applications. With a current price of $0.02091 and a market cap of $778.29K, Meter is ranked #2706 among cryptocurrencies. The total supply is 52.75M MTRG, with 37.22M MTRG in circulation. The project continues to develop its ecosystem, focusing on DeFi, interoperability, and scalability solutions.

Meter utilizes a hybrid architecture combining Proof-of-Stake (PoS) and Proof-of-Work (PoW) consensus mechanisms. The network operates on a dual-chain structure: 1. PoS chain: Handles governance, staking, and smart contracts. Validators stake MTRG tokens to secure the network and process transactions. 2. PoW chain: Focuses on maintaining a stable cryptocurrency (MTRG) pegged to 10 kWh of electricity. Miners solve computational puzzles to mint new coins and validate transactions. This unique design allows Meter to achieve high throughput, low transaction fees, and maintain a stable-value cryptocurrency alongside its governance token. The architecture also incorporates: - Cross-chain interoperability: Enables seamless asset transfers between Meter and other blockchains like Ethereum and BNB Chain. - Layer-2 scaling: Implements state channels and sidechains for improved scalability. - Smart contract support: Compatible with Ethereum Virtual Machine (EVM) for decentralized application development. The MTRG token serves as the governance and utility token within this ecosystem, used for staking, voting on protocol upgrades, and paying transaction fees. This innovative architecture positions Meter as a versatile platform for DeFi, interoperability, and stable cryptocurrency applications.

The future of Meter looks promising. The project aims to enhance its interoperability and DeFi capabilities, focusing on cross-chain solutions and scalability improvements. Key roadmap milestones include: 2026: Expansion of the MTRG ecosystem, with more partnerships and integrations. 2027: Launch of advanced smart contract functionalities and improved governance mechanisms. 2028: Implementation of layer-2 scaling solutions to increase transaction throughput and reduce fees. 2031: Full realization of cross-chain interoperability, enabling seamless asset transfers across multiple blockchains. 2036: Establishment of Meter as a leading platform for decentralized finance and enterprise blockchain solutions. The team is committed to continuous development, with regular updates and community engagement. As the project evolves, we can expect to see increased adoption, potentially driving the price of MTRG higher. The current price of $0.02091 could potentially reach new heights as the ecosystem grows and more users recognize the value proposition of Meter.