All-time High
$9.32
Jun 01, 2021
All-time Low
$0.18
Apr 09, 2025
Volume(24h)
$6.42M
Turnover rate
2.59%
Market Cap
$248.1583M
FDV
$249M
Circulating supply
$1.24B
Total supply
$1.24B
Max supply
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| Exchange | Pairs | Price | Volume (24h) | Volume % | Confidence | Liquidity Score | Earn |
|---|---|---|---|---|---|---|---|
| {{val.marketPair}} | {{decimal(val.price,true,2)}} | {{val.volume24h}} | {{val.volumePercent}} | Low Moderate High | {{val.effectiveLiquidity}} | Buy / Sell | |
Community sentiment
26%
74%
Bullish
Bearish
| Exchange | Pair | Price | Volume (24h) | Volume % | Confidence | Liquidity Score | Earn |
|---|---|---|---|---|---|---|---|
| {{val.marketPair}} | {{decimal(val.price,true,2)}} | {{val.volume24h}} | {{val.volumePercent}} | Low Moderate High | {{val.effectiveLiquidity}} | Buy / Sell | |
About Mina
How Does Mina Protocol Function?
Mina is similar to Bitcoin, apart from how it handles transactions, but also employs the account model used in Ethereum. In this respect, the difference between Bitcoin and Ethereum is that the state of the Bitcoin blockchain contains a list of unspent coins, while Ethereum’s state is made up of account balances. Mina, on the other hand, uses a prover (or snarker, if you will), an equivalent of a miner, to ensure each block commits to the state. Mina employs the Ouroboros Samasika, a type of PoS mechanism specially designed for succinct decentralized networks since it provides bootstrapping from a genesis block. Succinct blockchains contain two major functions: verify and update. Verification touches on consensus, blockchain summary and blocks, while the update function interacts with consensus and chain summary. Apart from the above implementations, the project uses a parallel scan state to optimize transaction processing speed, which works by grouping unproven blocks and assigning the process to parallel provers.
What Is Mina Protocol’s Main Objective?
Mina is working on achieving an efficient distributed payment system that enables users to natively verify the platform right from the genesis block. Its technical whitepaper calls this a “succinct blockchain.” The protocol uses Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs), a cryptographic proof that enables someone to authenticate information without revealing said information. However, enabling a user to trace the platform back to its genesis block can be impractical in a large network. As such, Mina incrementally computes SNARKS that concentrate only on the last few blocks — meaning that end-users check that zk-SNARK-compressed proof, instead of a block’s entire transaction history. At the heart of Mina protocol is MINA, its native currency, which functions as a utility coin and medium of exchange.
What Is Mina Protocol?
Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020. To learn more about this project, check out our deep dive of [Mina Protocol](https://coinmarketcap.com/alexandria/article/what-is-mina-protocol). The Mina network has a size of only 22 KB, which is miniscule when compared to Bitcoin’s 300 GB blockchain.
Mina News
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In today's market, utility is gaining ground over hype. Crypto users now seek tokens that offer real tools and functionality.
May 22, 2025 at 01:56 am
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Bitwise has registered an ETF (exchange-traded fund) for the NEAR protocol in Delaware, a highly important step in its objective of offering financial
Apr 26, 2025 at 02:57 am
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Hejust closed a partnership with AT&T to integrate its decentralized connectivity network in the United States.
Apr 26, 2025 at 02:33 am
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A Solana (SOL) whale has made a massive profit of over $153 million from a staking strategy that started four years ago.
Apr 23, 2025 at 02:41 am
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Today's leading gainers, Lido DAO (LDO), Osmosis (OSMO), Mina Protocol (MINA), and Dash (DASH), are attracting attention with remarkable momentum as the cryptocurrency markets constantly evolve.
Mar 14, 2025 at 06:21 pm
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Mina Protocol (MINA) has faced significant downward pressure due to recent market volatility, registering a sharp decline in its value.
Mar 12, 2025 at 02:59 am
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Are you searching for stable crypto projects with exponential growth as the market expands? This marks a major change in the country's landscape.
Feb 24, 2025 at 07:08 pm
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The crypto market is a vast sea of opportunities, brimming with exciting new projects that are catching the eye of crypto enthusiasts. Among these, dYdX, ai16z, JetBolt, B3, ApeCoin, Mina, Toncoin, Basic Attention, Worldcoin, and Popcat stand out as the best crypto coins to consider buying now, before they make their marks in the crypto space.
Feb 13, 2025 at 08:22 pm
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As Black History Month gets underway, the small, southwestern corner of Strathcona is being recognized for the space it gave the Black community from the early 1900s up until the 1960s.
Feb 12, 2025 at 06:04 am
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