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ACA (Acala) surges 76.21% in 24 hours

GateNews
Price Volatility
ACA-10.39%
DOT2.17%

Gate News report: On May 12, according to Gate market data, as of the time of publication, ACA (Acala) is trading at $0.00114. Over the past 24 hours, it has risen 76.21%, hitting a highest of $0.00149 and a low of $0.000628. The 24-hour trading volume is $594.1k. The current market cap is approximately $1.3274 million.

Acala is Polkadot’s decentralized finance network and liquidity hub. It is a layer-1 smart contract platform that is scalable, compatible with Ethereum, and optimized for DeFi, with built-in liquidity and native financial Dapps. With Acala Swap decentralized exchange, Acala Dollar decentralized stablecoin (aUSD), DOT Staking liquidity solution (LDOT), and Acala EVM+, Acala allows developers to use Ethereum’s core capabilities and the full functionality of Substrate. ACA is a utility token powering Polkadot’s DeFi hub.

This news is not investment advice; investors should be aware of market volatility risks.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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