Grin Price

Grin is a privacy-focused cryptocurrency launched in 2025. It utilizes the Mimblewimble protocol to provide enhanced transaction privacy and scalability. Grin is designed to be a medium of exchange with fungibility and minimal transaction information stored on the blockchain. It employs a Proof-of-Work consensus mechanism and is mineable. Currently ranked #1429, Grin has a price of $0.04653 with a 24-hour trading volume of $36.78K. The circulating supply is 206.81M GRIN GRIN coins, and it has a market cap of $9.62M. Grin aims to create a more private and efficient blockchain, making it an interesting project in the privacy coin sector. Its focus on scalability and privacy has attracted attention from cryptocurrency enthusiasts and developers alike.

Grin was created on January 15, 2019. It was launched as a privacy-focused cryptocurrency implementing the Mimblewimble protocol. The project aims to provide scalable and confidential transactions. Grin uses a proof-of-work consensus mechanism and is designed to be ASIC-resistant. Since its inception, Grin has gained attention for its unique approach to privacy and scalability in the cryptocurrency space. As of 2025-08-12, Grin continues to be actively developed and traded, with a current market cap of $9.62M and a price of $0.04653.

Grin was created as a community-driven project without a specific founder or founding team. It was developed by a group of anonymous contributors known as the 'Grin Council' who aimed to create a privacy-focused cryptocurrency based on the MimbleWimble protocol. The project was launched on January 15, 2019, with no pre-mine, ICO, or founder's reward. This approach aligns with the principles of decentralization and fair distribution. The development of Grin continues to be supported by a global community of developers, miners, and enthusiasts who contribute to its ongoing improvement and maintenance. As of 2025-08-12, Grin remains an open-source project with a focus on privacy, scalability, and fungibility in the cryptocurrency space.

Grin operates on the Mimblewimble blockchain protocol, focusing on privacy and scalability. It uses a unique transaction structure that combines multiple transactions, making it difficult to trace individual transfers. Grin employs Proof-of-Work mining with the Cuckoo Cycle algorithm, allowing for ASIC-resistant mining. The cryptocurrency has no fixed supply cap, with new coins continuously minted to maintain network security and incentivize miners. Grin's design emphasizes confidentiality by obscuring transaction amounts and addresses. It also implements cut-through, a method that significantly reduces blockchain size by removing unnecessary transaction data. The project aims to create a more private and efficient cryptocurrency ecosystem. As of 2025-08-12, Grin is ranked #1429 with a price of $0.04653 and a 24-hour trading volume of $36.78K. The circulating supply is 206.81M GRIN, and the market cap stands at $9.62M. Grin continues to evolve, with ongoing development focused on improving scalability and user experience in the privacy-centric cryptocurrency space.

Grin utilizes the Mimblewimble protocol as its core technical architecture. This innovative design focuses on scalability, privacy, and fungibility. Key features include: 1. Confidential Transactions: All transaction amounts are hidden, enhancing privacy. 2. CoinJoin: Transactions are merged, making it difficult to trace individual transfers. 3. Dandelion++: A network-level privacy protocol that obscures transaction origins. 4. Cut-through: Removes unnecessary transaction data, significantly reducing blockchain size. 5. Proof-of-Work (PoW) consensus: Uses the Cuckoo Cycle algorithm, designed to be ASIC-resistant. 6. No addresses: Transactions are created through interactive exchange of data between parties. 7. Scriptless scripts: Enables advanced features like atomic swaps without complex scripting. 8. One-way aggregatable signatures: Allows for efficient multi-signature transactions. This architecture enables Grin to offer strong privacy, excellent scalability, and minimal blockchain bloat. The design choices reflect a commitment to creating a lightweight, private, and fungible cryptocurrency suitable for widespread adoption and long-term sustainability.

The future of Grin looks promising, with ongoing development and community support. The roadmap focuses on enhancing privacy, scalability, and usability. Key objectives include: 1. Improving transaction speed and efficiency 2. Expanding adoption and real-world use cases 3. Enhancing the GRIN wallet ecosystem 4. Strengthening network security and decentralization By 2026, we expect to see significant progress in these areas. The team aims to implement advanced privacy features and optimize the Mimblewimble protocol. In 2027, Grin plans to introduce smart contract functionality, opening up new possibilities for DeFi applications. Looking further ahead to 2030, Grin envisions becoming a leading privacy-focused cryptocurrency with widespread adoption. The project aims to establish partnerships with major financial institutions and e-commerce platforms. While price predictions are speculative, based on current trends and development progress, Grin could potentially reach $0.04653 by 2026, with further growth expected in subsequent years. The current market cap of $9.62M may increase significantly as adoption grows. It's important to note that the Grin team remains committed to its core principles of privacy, scalability, and decentralization throughout its development journey.