Coinlaunch Trust Score
59/ 100 Medium
Novastro Price:
$0.000123 -0.21%
🏦 Market Cap $24,681
💰 FDV $123,407
📊 Volume $44,517
📈 ATH Price $0.0200
💵 ROI 0.00247x 99.75%
💸 ATH ROI 0.399x 60.06%
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Top Investor
Cogitent Ventures logo
Cogitent Ventures Venture
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Novastro - Logo.

Novastro (XNL)

Past
Total Raise: $3,200,000
Date: 08 Jan - 29 Sep 2025

Novastro is a modular ledger layer focused on the RWA sector. The Novastro Chain leverages a decentralized sequencer, app-specific execution layers, and a ZK-rollup framework to support compliant issuance and settlement of real-world assets. The Novastro crypto ecosystem also includes native identity, compliance, and yield modules.

In January 2025, the Novastro project raised $1.2M in a Seed round backed by Woodstock Fund (lead), Double Peak, x21 Digital, and CSP DAO. A confirmed Novastro airdrop is live, along with the Novastro testnet and the upcoming launch of the $XNL token.

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Novastro Overview

Ticker: XNL
Country: Singapore
Founded: 2022
Whitelist: Yes
Blockchain Network: Ethereum, Arbitrum, Sui, Solana
KYC: No
Bounty: Yes
Type: Equity
MVP: Yes
Security Audit:
No
Token Contracts:
Yes
Whitepaper: Download

XNL/USD Price Chart

📈 ATH Price $0.0200
📉 ATL Price $0.000113
 
Exchange Pair Price Volume (24H) Trust Score
Gate
XNL/USDT

USDT 0.000123

$0.000123

15.54K

Novastro Review

Novastro is a modular blockchain platform built to power RWA-oriented DePIN solutions. Positioned as the first "RWAFi" chain, the Novastro crypto project combines real-world assets with Web3 incentives through a natively integrated proof-of-physical-work protocol. The Novastro Chain is designed for high throughput, multi-chain settlement, and zk-rollup compatibility, targeting scalable deployment of RWA-based infrastructure and data feeds. The Novastro ecosystem aims to bridge off-chain physical activity with on-chain crypto rewards, paving the way for global DePIN adoption.

Core Architecture & Features

The Novastro blockchain introduces a dual-layer design combining decentralized compute and data verification layers. Here are the standout features:

  • Modular execution framework with rollup and settlement layers;
  • Native support for Novastro RWA modules and RWAFi applications;
  • Proof-of-physical-work consensus engine (PoPW);
  • Developer tooling stack built on Cosmos SDK and Celestia compatibility;
  • Early-stage incentivized Novastro testnet and Galxe quests to bootstrap community growth.

More details are available in the Novastro Chain documentation.

Fundraising & Ecosystem

Novastro raised $1.2M in a Seed round on January 9, 2025. The round was led by Woodstock Fund, with backing from Double Peak, x21 Digital, CSP DAO, and other early-stage investors. This funding strengthens the foundation of the Novastro blockchain as it builds out the chain infrastructure and develops its broader Novastro ecosystem.

🪙 Novastro token: The $XNL token serves as the native currency of the Novastro ecosystem, enabling users to pay transaction fees, protocol fees, and gain staking rewards. It powers governance, allowing holders to vote on network upgrades, parameter changes, and ecosystem funding. Additionally, $XNL supports liquidity provision and the operation of Digital Twin Containers, facilitating RWA tokenization and real-time lifecycle management.

Current community campaigns, such as the Novastro testnet and Galxe quests, may serve as eligibility criteria for a future Novastro airdrop. These efforts are part of the broader Novastro RWAFi initiative, designed to reward early contributors aligned with the Novastro project’s mission. 

 

Let’s now break down the main pros and cons to better understand whether the Novastro project deserves your attention. 

✅ Novastro Pros:

  • Unique positioning in the RWAFi and DePIN sectors;
  • Quite Low FDV ($50M);
  • Strong technical foundation and modular blockchain design;
  • High performance in PR and Growth marketing;
  • Above the average SMM scores;
  • A lot of ecosystem partners;
  • Active Novastro testnet and quest campaigns;
  • Confirmed Novastro token with airdrop;

❌ Novastro Cons:

  • The core functionality is still in the testing phase;
  • No published roadmap;
  • No security audits available;
  • Weak SEO and limited marketing infrastructure;
  • Low Influencer Marketing.

Novastro Team

Shreedhar Shreenivasa
Shreedhar Shreenivasa
Founder & CEO
Puneet Bagewadi
Puneet Bagewadi
Cheif Engineer
Shawn Pereira
Shawn Pereira
CMO
Mahanthesh Shadakshari (Manti)
Mahanthesh Shadakshari (Manti)
Core Engineer

Novastro Airdrop & Retrodrop & Bounty

Chain Airdrop
Novastro - Logo.
funds
Start Date:
17 Jul 2024
End Date:
31 Dec 2025
Difficulty:
Winners:
N/A
Rewards:
N/A

Description

Novastro is an RWA-focused Layer 3 blockchain that offers a modular, scalable infrastructure for tokenized yield and cross-chain capital flows. It aims to build the leading on-chain platform for real-world asset trading and yield optimization.

The Novastro airdrop campaign is now live and includes two tracks: on-chain testnet participation and off-chain Galxe quests. Completing both types of missions may help secure eligibility for the upcoming Novastro token launch.

Read More

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