Status (SNT): Uses, Supply and Risks

Status is a project built around a mobile app for messaging and accessing Ethereum-based decentralized applications. It combines a private messenger, a browser for dApps and a crypto wallet, so users can interact with Ethereum services from a phone. SNT, or Status Network Token, is the project’s associated token. It is an ERC-20 token issued on Ethereum, rather than a coin that runs on its own blockchain.

The project describes Status as infrastructure for using Ethereum and its dApps. SNT is intended to support features and services in the Status ecosystem, including participation in governance and access to some functions. The token is not the same thing as Ether (ETH), which is used to pay transaction fees on Ethereum. Having SNT does not by itself guarantee access to every dApp or service, and the exact role of the token depends on which Status features are available and how they are implemented.

SNT’s stated uses include supporting governance and certain Status ecosystem features. Descriptions of the project also associate the token with decentralized services such as a push-notification market. These roles are separate from the app’s basic purpose as a messenger, browser and wallet: do not assume that every message or dApp interaction requires SNT. Check the terms and current documentation for a specific Status feature before acquiring or using tokens for it.

SNT is an Ethereum token, so transferring it or interacting with a contract generally requires ETH for network fees. A token’s utility can change as a project develops, and a listed use does not necessarily mean that a feature is currently active or widely adopted. SNT’s role in governance also does not guarantee that holders control every project decision. Consider it a project token with potential ecosystem functions, not a claim on company revenue, a deposit account or a promise of future value.

As of 2026-11-05, about 4.83 billion SNT were reported in circulation, against a total supply of about 6.80 billion. No maximum supply is listed. These figures are approximate and can change as tokens enter circulation or supply reporting is updated. Total supply and circulating supply are different: the latter refers to tokens counted as available in the market, while total supply includes tokens outside that count.

On the same date, SNT’s reported price was about $0.0067, with a market capitalization of roughly $32.2 million and a fully diluted valuation of about $45.4 million. These are snapshots, not fixed values. The token’s reported all-time high was about $0.685 on 2018-01-02, and its reported all-time low was about $0.00468 on 2026-08-15. Past prices do not establish what SNT will be worth later. Market capitalization, valuation estimates and trading volume can shift quickly, so treat dated figures as context rather than a forecast.

SNT is issued on Ethereum as an ERC-20 token. It is not listed as the native token of a blockchain. That distinction matters: SNT is a contract-based token on Ethereum, while ETH is Ethereum’s native asset and is generally needed to pay transaction fees. If a wallet or exchange displays SNT on another network, verify the network and token contract carefully before transferring. A token with the same ticker on another chain may not be the same asset.

To store SNT, use a wallet that supports Ethereum and ERC-20 tokens, or leave it with a custodial exchange if you understand the custody and withdrawal terms. For self-custody, protect the recovery phrase offline and never share it with anyone. Check the receiving address and selected network before sending; an incorrect network or address can result in a lost transfer. Hardware wallets can reduce exposure of signing keys to internet-connected devices, but they do not prevent mistakes, phishing or malicious contract approvals.

SNT carries the usual risks of a crypto token. Its price can move sharply, trading access and liquidity can vary, and there is no guarantee that the Status app or its token features will gain users or remain unchanged. Project development, security incidents, changes to Ethereum, regulation and broader market conditions may affect the token and its utility. A stated governance or service role should not be mistaken for a guaranteed benefit or a right to income.

There are also practical risks. Sending tokens to the wrong address or network can make them unrecoverable, and signing a harmful transaction or exposing a recovery phrase can lead to loss. Confirm that a wallet, exchange or application supports the exact Ethereum-based SNT you intend to use. Read transaction prompts and review token approvals before signing. This is general information, not financial advice; do your own research and never risk money you cannot afford to lose.