Abelian

ABEL Price

What is Abelian about?

Abelian is a Layer 1 Blockchain system designed to be quantum-resistant and privacy-preserving. Its cryptographic systems can defend against future quantum computer attacks, ensuring long-term security. Additionally, Abelian features the privacy coin ABEL, which offers various levels of privacy: full privacy, privacy with accountability, or pseudonymous transactions.

What makes Abelian unique?

Abelian stands out as the world's first Blockchain system that is both post-quantum and privacy-preserving. Its security and privacy are mathematically proven, making it the first provably secure Blockchain with reductions to well-known quantum-resistant hard problems. Abelian's lattice-based cryptosystems, CRYSTALS-Dilithium and Kyber, have been selected by NIST as part of the first batch of post-quantum cryptographic standards, indicating their adoption for replacing existing elliptic curve systems.

What's the history of Abelian?

The Abelian project's genesis block was created on April 17, 2022, at 12:23:20 GMT. Further details and evidence of this event can be found on the Network Explorer at https://explorer.abelian.info.

What's next for Abelian?

Abelian plans to open-source its technology by the end of 2023. Additionally, the network is set to migrate from Proof-of-Work (PoW) to Proof-of-Stake (PoS) by the end of 2024, enhancing its efficiency and sustainability.

What can Abelian be used for?

The ABEL token serves multiple purposes within the ecosystem. It can be used as a store of value and to pay for transaction fees (gas) on the network, facilitating various operations and ensuring smooth functionality within the blockchain.

Where can you buy Abelian?

ABEL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Abelian is MEXC, where the most active trading pair ABEL/USDT has a trading volume of $6,483.84 in the last 24 hours.

What is the daily trading volume of Abelian (ABEL)?

The trading volume of Abelian (ABEL) is $65,425.33 in the last 24 hours, representing a 34.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Abelian (ABEL)?

Abelian (ABEL) reached an all-time high of $1.50 and an all-time low of $0.03027. It’s now trading -95.70% below that peak and 113.70% above its lowest price.

What is the market cap of Abelian (ABEL)?

Market capitalization of Abelian (ABEL) is $8,722,211 and is ranked #1230 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ABEL tokens (130 Million tokens are tradable on the market today).

What is the fully diluted valuation of Abelian (ABEL)?

The fully diluted valuation (FDV) of Abelian (ABEL) is $14,553,924. This is a statistical representation of the maximum market cap, assuming total number of 230 Million ETH tokens are in circulation today.

How does the price performance of Abelian compare against its peers?

With a price decline of -4.40% in the last 7 days, Abelian (ABEL) is underperforming the global cryptocurrency market which is down -2.30%, while underperforming when compared to similar Quantum-Resistant cryptocurrencies which are down -2.80%.