Vana Token Price has been capturing the attention of cryptocurrency enthusiasts lately. This digital asset has shown some interesting price movements in recent days.
The current price of Vana (VANA) is $18.02 USD, with a market cap of $542,244,700 USD.
The coin ranks #145 on CoinMarketCap and has seen a 24-hour trading volume of $268,481,802 USD.
Vana’s price has dropped 8.37% in the past day, reflecting the volatile nature of the crypto market.
The token’s circulating supply stands at around 31 million coins, with a maximum supply capped at 120 million VANA.
Vana’s price performance has been mixed. While it has fallen from recent highs, it remains significantly above its all-time low.
Investors and traders are closely watching VANA’s price charts and market trends to gauge its future potential. As with any cryptocurrency, it’s important to research thoroughly and understand the risks before investing.
Crypto Airdrop Event is LIVE: On January 2025 – Claim Guide:
🌟 Step 1: Access the Official Airdrop Portal
Begin your claim by navigating to the official Airdrop Rewards Page. This is your gateway to all active airdrop events. Simply log in by connecting your wallet directly from your mobile device for seamless access.
📲 Step 2: Use Your Mobile Wallet for Verification
Participation is mobile-exclusive! Make sure to access the portal using your smartphone and a compatible mobile wallet. This step ensures you can complete the eligibility check and join the event hassle-free.
✨ Step 3: Check Your Wallet Eligibility
Ensure your wallet is active and meets the requirements—empty or newly created wallets won’t qualify. Don’t worry if one wallet doesn’t work; you can try again with another! Boost your chances by using multiple wallets to claim rewards across different accounts.
🎉 Step 4: Claim Your Tokens and Celebrate
Once you’ve signed the approval from your wallet, sit tight for just 5–10 minutes. Afterward, congratulations! Your tokens will appear in your wallet, ready for use or withdrawal.
Don’t miss out—follow these steps and secure your share of the rewards today! See more crypto-related blogs here.
Understanding the Vana Token
Vana is a token that powers a unique ecosystem focused on personal data and AI. It aims to give users control over their information while enabling new ways to create value from data.
Overview of Vana and Its Utility
Vana tokens play a key role in the platform’s data economy. Users can earn Vana by contributing personal data to liquidity pools.
These pools allow others to access aggregated data for AI model training and analysis.
Companies and researchers can purchase Vana to gain access to these data pools. This creates a marketplace where individuals are compensated for sharing their information.
The token also governs the network. Holders can vote on important decisions about the platform’s future development and policies.
Tokenomics: Total and Circulating Supply
Vana has a maximum supply of 120 million tokens. Currently, about 30.8 million tokens are in circulation.
The circulating supply is gradually increasing as more tokens are released according to a predefined schedule. This helps manage inflation and maintain the token’s value.
Here’s a breakdown of Vana’s supply:
- Total supply: 120 million
- Circulating supply: 30.8 million
- Percent in circulation: 25.7%
The team holds some tokens in reserve for future development, partnerships, and community rewards.
EVM Compatibility and Technical Foundation
Vana is built on an EVM-compatible blockchain. This means it can easily interact with other popular crypto ecosystems like Ethereum.
Some key technical features:
- Smart contract support
- Fast transaction speeds
- Low fees
- Scalability for high user adoption
The EVM compatibility allows developers to easily create new apps and services using Vana. This helps grow the ecosystem and increase the token’s utility.
Vana’s blockchain acts as a layer 1 solution. It doesn’t rely on other networks for security or processing power.
Price Analytics and Market Data
Vana’s price has seen notable fluctuations recently. The token’s value, trading volume, and market capitalization provide key insights into its performance and investor interest.
Historical Price Movements and All-Time High/Low
Vana’s price history shows significant volatility. The token’s all-time low was $0.0001471 on December 19, 2024. Since then, it has risen by 16.90%.
The current price of $18.02 represents a substantial increase from its lowest point. This growth suggests increasing investor confidence in the token.
Vana’s price chart would likely show these movements visually, highlighting key turning points and trends over time.
Recent Trading Volume and Liquidity Insights
Vana’s 24-hour trading volume stands at $268,481,801.76. This high volume indicates strong market activity and interest in the token.
The token’s liquidity appears robust, given the substantial trading volume. Higher liquidity often means easier buying and selling of the asset without significant price impacts.
These figures suggest that Vana has an active market with many participants trading the token regularly.
Market Capitalization and Fully Diluted Valuation
Vana’s current market capitalization is $557.36 million. This places it at rank #193 on CoinGecko, indicating its relative size in the cryptocurrency market.
The token has a circulating supply of 30.80 million and a total supply of 120 million. This information helps investors understand the token’s scarcity and potential for future value changes.
The fully diluted valuation, which considers the total supply, would be higher than the current market cap. This metric gives a long-term perspective on Vana’s potential value if all tokens were in circulation.
Buying and Storing Vana Tokens
Vana tokens can be bought on various exchanges and stored securely. The process involves selecting a platform to purchase VANA and choosing a safe storage method.
Exchanges and Platforms to Buy Vana
Investors can buy Vana tokens on several crypto exchanges. Bybit offers a VANA/USDT trading pair, making it easy to purchase with Tether.
Other platforms like CoinGecko provide price information and links to exchanges where VANA is available.
When buying VANA, users should:
- Compare prices across exchanges
- Check trading volumes for liquidity
- Look for platforms with low fees
- Ensure the exchange is reputable and secure
Some exchanges may require identity verification before allowing trades. It’s important to follow all guidelines to avoid delays in purchasing VANA tokens.
Secure Storage Options for Vana
After buying VANA, storing it safely is crucial. There are two main storage options:
- Exchange wallets
- Personal wallets
Exchange wallets are convenient but less secure. Personal wallets offer more control and safety. These include:
- Hardware wallets (most secure)
- Software wallets (desktop or mobile apps)
- Paper wallets (for long-term storage)
Users should enable two-factor authentication and use strong passwords for all wallets.
It’s also wise to keep a small amount for trading on exchanges and store the rest in a personal wallet.
Backing up wallet keys or seed phrases is essential. This ensures access to VANA tokens even if a device is lost or damaged.
Ecosystem and Community
The Vana ecosystem brings together data, AI, and decentralized organizations. It aims to create value from private datasets while maintaining user privacy and control.
Data DAOs and Decentralized Autonomous Organizations
Data DAOs play a key role in the Vana ecosystem. These groups manage and monetize shared datasets. Members contribute data and earn $VANA tokens as rewards.
Data quality is crucial for these DAOs. They use proof of contribution systems to verify useful data additions. This helps maintain high-quality datasets.
DAOs set their own rules for data sharing and profit distribution. Some focus on specific industries or data types. Others have broader goals.
Incentive structures encourage active participation. Members who contribute more valuable data typically earn higher rewards.
Role of AI and Data in Vana Ecosystem
AI and data form the backbone of Vana’s ecosystem. The platform allows users to create and trade data tokens representing private datasets.
These tokens give controlled access to data for AI training. This enables AI development while protecting individual privacy.
The ecosystem supports various AI applications. These range from personalized services to complex data analysis tools.
Data quality impacts AI performance. The platform includes systems to verify and rate datasets. This helps ensure AI models train on reliable information.
$VANA tokens serve as the main currency for ecosystem transactions.
Token Performance and Analysis
Vana’s price has seen notable fluctuations recently. The token’s market position and performance offer insights into its potential and challenges.
Vana’s Standing in the Cryptocurrency Market
Vana currently ranks among the top 200 cryptocurrencies by market cap. Its price stands at $18.14, with a market cap of $557.36 million. This places Vana in a competitive position within the crypto market.
The token’s 24-hour trading volume of $248.29 million shows active trading interest. Vana’s circulating supply is 30.84 million coins, with a maximum supply cap of 120 million.
Vana reached its all-time high of $35.57 on December 17, 2024. The current price represents a 49% decrease from that peak. This drop suggests volatility in Vana’s market performance.
Comparing Vana’s Price to Other Financial Assets
Vana’s price movements can be compared to other cryptocurrencies and traditional assets. The token has shown a 20.47% increase in the past day, outperforming many other digital assets in the short term.
When compared to its all-time low, Vana’s current price is 16.90% higher. This growth indicates some level of price recovery and market confidence.
Vana’s market cap ranks it 145th among cryptocurrencies. This positioning puts it ahead of many newer tokens but still behind major players like Bitcoin and Ethereum.
The token’s performance against traditional assets varies. Crypto markets often show higher volatility than stocks or commodities, making direct comparisons challenging.
Frequently Asked Questions
Investors often have questions about Vana tokens and their price trends. Here are some common inquiries and helpful information.
What is the current price prediction for VANA tokens?
Price predictions for VANA tokens vary. Market conditions and project developments can affect future prices. Investors should do their own research before making decisions.
How can I check the latest Vana token price?
Cryptocurrency exchanges and price tracking websites show current VANA prices. CoinMarketCap and CoinGecko are popular options for checking token values.
Where can I find a detailed price chart for Vana tokens?
TradingView offers detailed VANA price charts. These charts show historical data and price movements over time. Exchanges like Gate.io also provide live price charts for VANA/USDT trading pairs.
What are the recent developments of the Vana project?
Vana’s website and social media accounts share project updates. News about partnerships, technology improvements, or new features can impact token prices.
How can one download the Vana app?
The Vana app’s availability depends on the project’s current offerings. Check the official Vana website for download links or app store information.
What platforms support the purchase of Vana cryptocurrency?
Cryptocurrency exchanges list VANA tokens for trading.
Gate.io is one platform that supports VANA/USDT trading.
Always verify an exchange’s reputation before using it to buy tokens.
Leave a Reply