snT

SNT, in the context of blockchain and cryptocurrency, most commonly refers to the Status Network Token. It is the native ERC-20 token of the Status Network project, an open‑source initiative that aims to provide a secure messaging platform, a self‑custodied wallet, and a browser for interacting with Ethereum decentralized applications.

The Status Network seeks to combine a mobile‑first user experience with privacy‑preserving design, enabling users to access decentralized apps without surrendering control over personal data. The project emphasizes user ownership of keys and data, along with a lightweight client that connects to the Ethereum network.

Token use and economics: SNT is used to pay for services within the Status app, including messaging infrastructure, fees for interacting with decentralized apps through the built‑in browser, and tipping or rewarding content within the ecosystem. It has also been described as a means to influence certain network features or governance experiments, aligning participant incentives with the project’s development and security goals. The token functions as a utility and incentive mechanism within the platform.

History and status: SNT was issued through the Status project during its early development and subsequent fundraising efforts in the cryptocurrency space, and it has been traded on cryptocurrency exchanges as part of broader market activity. Like many project tokens, its price is subject to market dynamics, sentiment, and broader regulatory and technological developments.

Note: SNT can be an acronym for other terms in different contexts, but within blockchain and crypto discussions it most often denotes the Status Network Token.