- #421
Acala ACA
ACA Price
Market Cap
$102.31 MRank #421FDV
$106.70 MRank #625Investors
Twitter Followers
Twitter Performance
955Rank by Twitter #1076- 0
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Detailed Performance
ACA shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
ACA to USD Converter
Price History
- All-Time High
- $2.7125.40x to ATH
- All-Time Low
- $0.030943.45x to ATL
- Trade Launch Date
- 25 Jan, 2022
822 days ago
Fundraising
See more- ICO Price
- $1.00
- Funds Raised
- --
- Tokens Sold
- 170.00 M ACA
Exchanges
Exchanges type
About ACA
Acala is an Ethereum-compatible smart contract platform that is optimized for decentralized finance (DeFi) and scaling decentralized applications (DApps) to Polkadot. It serves as an appchain powering Web3 finance and provides backend infrastructure for traditional finance. Acala is trusted by institutions like Coinbase, Figment, and Current.com and offers institutional-grade and customizable solutions. It has a significant amount of total value locked, a large number of account holders, and facilitates cross-chain transfers.
What makes Acala unique?
Acala is unique compared to other cryptocurrencies in several ways. Firstly, it is essentially a Uniswap on the Polkadot network, which gives it greater capability and potential for cross-chain transfers. Acala aims to democratize finance by providing a platform for Web3 finance apps, allowing users to access and participate in a wide range of financial services.
A notable feature of Acala is its focus on stability and decentralized stablecoins. Acala utilizes different mechanisms to create stablecoins compared to other protocols, such as Terra. It has a fixed and deflationary supply profile, which sets it apart from other cryptocurrencies that may have inflationary models.
In terms of credibility, Acala has a strong engineering team and has received support from industry-leading backers, including Coinbase, Figment, and Current.com. It has also won the first-ever parachain slot auction and received grants from the Web3 Foundation.
Overall, Acala offers optimized infrastructure for financial apps, aiming to provide institutional-grade and customizable solutions. Its unique features, focus on stability, and strong industry support make it stand out among other cryptocurrencies.
Live Acala Price Data
The current price of Acala (ACA) is approximately $0.1067, reflecting a decrease of -4.40% in the last 24 hours. The ACA trading volume in the last 24 hours stands at $3.80 million. Acala's market cap is currently $102.31 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of ACA is 962.50 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Acala's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ACA, check out our crypto insights page.
ACA to USD Converter
Price History
- All-Time High
- $2.7125.40x to ATH
- All-Time Low
- $0.030943.45x to ATL
- Trade Launch Date
- 25 Jan, 2022
822 days ago
Fundraising
See more- ICO Price
- $1.00
- Funds Raised
- --
- Tokens Sold
- 170.00 M ACA