VelarVELAR
Live Velar price updates and the latest Velar news.
price
sponsored by
$0.0748
$0
(0%)
24h low
$0.07
24h high
$0.08
The live Velar price today is $0.07 with a 24-hour trading volume of $240.08K. The table above accurately updates our VELAR price in real time. The price of VELAR is up 0.09% since last hour, up 2.00% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $74.82M. VELAR has a circulating supply of 85.18M coins and a max supply of 1.00B VELAR.
Velar Stats
What is the market cap of Velar?
The current market cap of Velar is $6.37M. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Velar?
Currently, 3.21M of VELAR were traded within 24 hours of time. In other words, $240.08K have changed hands within the past 24 hours through trading. That's a change of 2.00%.
What is the current price of Velar?
The price of 1 Velar currently costs $0.07.
How many Velar are there?
The current circulating supply of Velar is 85.18M. This is the total amount of VELAR that is available.
What is the relative popularity of Velar?
Velar (VELAR) currently ranks 1590 among all known cryptocurrency assets. The popularity is based on relative market cap.
market data
Market Cap
$ 6.37M
2.00 %
Market Cap Rank
#1590
24H Volume
$ 240.08K
Circulating Supply
85,000,000
Get the daily newsletter that helps thousands of investors understand the markets.
recent research
Research
Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.
by Luke Leasure
/
Research
Metaplex, the leading NFT protocol on Solana, has established a dominant position due to its comprehensive suite of tools. It has a functioning economic model with a buyback program that enhances its value through revenue generated from SOL-denominated fees. While initially focused on NFTs, Metaplex is diversifying its offerings to include non-NFT services, indicating a promising future as a comprehensive token creation suite on Solana.