Live ACA Price Analysis
The current real time Acala Token price is $0.0843, and its trading volume is $36,940,778 in the last 24 hours. ACA price has plummeted by
1.75%
in the last day, and increased by
45.00%
in the last 7 days. It’s important to note that current Acala Token market capitalization is $96,009,680, Talking about circulating supply, ACA has 1,138,749,994 coins. Currently, Acala Token rank on the market is #318.
Acala Token price today is
97.28%
below
all time high, and it is
267.50%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling ACA are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What is Acala Token?
The Acala Token or ACA is the utility token native to the Acala Network. The latter is a DeFi network with several protocols. It’s deployed on the Polkadot network.
ACA has several use cases. Firstly, it’s used to pay for various fees including transaction fees, stability fees, and penalty fees.
Secondly, the Acala token provides governance rights to its holders. This means that they can cast their vote on various proposals regarding upgrades, parameters, council elections, and treasury governance, among many others.
Moreover, ACA coin holders can also stake their tokens.
Acala Tokens have been distributed as follows:
- 34% - IPO participants, liquidity providers, early participants, oracle operators, and collators;
- 29.13% - Strategic Investors;
- 20.25% - Core Team;
- 11.62% - Acala Foundation Treasury;
- 5% - Acala Ecosystem Development.
The graph above provides a more in-depth look at the Acala Token price history and the current ACA price which can help you to make a more informed decision.
What are the Main Features of Acala Token?
As mentioned in the What is Acala Token section, we’ve established that the Acala crypto project is a decentralized finance network with an integrated suite of products and services. Some of them include DOT Liquid Staking, a trustless exchange, and EVM+. It’s highly scalable and compatible with Ethereum.
Acala comes with its own multi-collateral stablecoin called aUSD. It’s completely decentralized and backed by digital assets.
Who Developed Acala Token?
The Acala Token crypto project was launched in 2019. The author of the project’s whitepaper is the Acala Foundation.
It has received support from major companies including Coinbase Ventures, Pantera Capital, and Polychain Capital.
What's Acala Token trading volume in the last 24 hours?
ACA has a trading volume of $36,940,778 in the last 24 hours.
What's Acala Token highest price ever?
ACA has a highest price of $3.10, which was reached on Jan 25, 2022 (2 years 9 months ago).
What's Acala Token lowest price ever?
ACA has a lowest price of $0.0229, which was reached on Dec 11, 2022 (1 year 11 months ago).
What are the best exchanges for buying and selling ACA?
Currently, the most active and dominating exchanges for buying and selling Acala Token are Binance, Kraken & Kucoin. The most popular Acala Token trading pairs are ACA/USDT
(on
Binance
),
ACA/USDT
(on
Bityard
),
ACA/USDT
(on
OKX
).
Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for keeping ACA?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Acala Token. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
Pages Related to Acala Token
Read the hottest Crypto News.
Watch Animated Crypto Video Explainers.
Learn Crypto From Scratch.
