Allbridge SOL (Fuse) is the bridged version of Solana (SOL) token on Fuse network bridged through Allbridge classic dapp.
Solana is a Layer 1 blockchain that offers users fast speeds and affordable costs. It supports smart contracts and facilitates the creation of decentralized applications (dApps). Projects built on Solana include a variety of DeFi platforms as well as NFT marketplaces, where users can buy Solana-based NFT projects. Its high performance means Solana doesn’t require a traditional scaling Layer 2 solution; instead, Layer 2s on Solana focus on interoperability and connecting Solana to other chains.
Solana combines the Proof-of-History (PoH) consensus mechanism alongside the more common Proof-of-Stake. This ensures Solana achieves consensus more quickly while reducing the workload and solving the blockchain trilemma, where developers have to balance decentralization, security, and scalability.
What is the highest value Allbridge Bridged SOL (Fuse) (ASSOL) has ever reached?
Allbridge Bridged SOL (Fuse) (ASSOL) reached its peak price at 265.07 $ on 07 December 2024, approximately 9 months ago ago. Presently, the current price is -38.06% lower than this all-time high.
What is the historical minimum price for Allbridge Bridged SOL (Fuse) (ASSOL)?
The minimum price reached for Allbridge Bridged SOL (Fuse) (ASSOL) was 73.22 $, documented on 20 September 2024, more than a year ago. In comparison, the current price is 124.2%, it above this historical low.
What is the fully diluted valuation of Allbridge Bridged SOL (Fuse) (ASSOL)?
The fully diluted valuation (FDV) of Allbridge Bridged SOL (Fuse) (ASSOL) stands at $ 2,462.39. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ASSOL tokens. The realization of this FDV might take several years depending on the emission schedule of ASSOL tokens.