What Mina Protocol is

Mina Protocol (MINA) is a proof-of-stake Layer-1 blockchain, currently ranked 261st by market capitalization among the assets we track. Mina Protocol is its own settlement layer. Smart contracts run on top of it, fees are paid in MINA, and the security model rests on validators bonding the token rather than burning energy to mine it.

Mina Protocol (MINA) is a lightweight blockchain designed to provide a scalable decentralized platform while maintaining user privacy through zk-SNARKs technology. It aims to enable anyone to operate a node and utilize dApps with minimal resource requirements.

How consensus and the token economy connect

Staking ties the token's value to network security: more MINA bonded means a costlier attack, and stakers are paid for taking that role. Unstaking queues and slashing parameters shape how liquid that capital really is.

Background & fundamentals

In sector terms it is most often filed under Cryptocurrency, Zero Knowledge (ZK), and FTX Holdings.

Where Mina Protocol sits in the market

Trading around $0.0378, Mina Protocol carries a market capitalization of $47.44M. Around $3.90M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 8.21% of the float — elevated, often a sign of narrative-driven trading.

Mina Protocol carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. MINA remains -99% beneath its all-time high of $6.46, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

The tape currently reads 24-hour -1.60%, 7-day -6.48%, 30-day -6.59%, 1-year -74.27%. MINA is currently trading near the bottom of its 365-day range (around the 1st percentile of recent closes).

Volatility profile

Recent action puts Mina Protocol in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -6.59%, a useful input for stop placement and position sizing.

How to evaluate Mina Protocol

A grounded read on MINA comes down to three questions:

  • Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
  • Staking economics — the share of MINA staked, the yield, and unlock/queue dynamics that govern liquid supply.
  • Ecosystem depth — how many applications and how much liquidity have chosen Mina Protocol over competing Layer-1s.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.