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Pencils Protocol price

Pencils Protocol priceDAPP

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Price of Pencils Protocol today

The live price of Pencils Protocol is $0.06320 per (DAPP / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. DAPP to USD price is updated in real time. Pencils Protocol is -0.94% in the last 24 hours. It has a circulating supply of -- .

What is the highest price of DAPP?

DAPP has an all-time high (ATH) of $2.1, recorded on .

What is the lowest price of DAPP?

DAPP has an all-time low (ATL) of $0.05020, recorded on .
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Pencils Protocol price prediction

What will the price of DAPP be in 2026?

Based on DAPP's historical price performance prediction model, the price of DAPP is projected to reach $0.05852 in 2026.

What will the price of DAPP be in 2031?

In 2031, the DAPP price is expected to change by +18.00%. By the end of 2031, the DAPP price is projected to reach $0.1035, with a cumulative ROI of +63.47%.

Pencils Protocol price history (USD)

The price of Pencils Protocol is +5.33% over the last year. The highest price of DAPP in USD in the last year was $2.1 and the lowest price of DAPP in USD in the last year was $0.05020.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.94%$0.06000$0.06480
7d-40.26%$0.05420$0.1088
30d-52.94%$0.05420$0.3888
90d-61.90%$0.05020$0.4297
1y+5.33%$0.05020$2.1
All-time+5.33%$0.05020(--, Today )$2.1(--, Today )

Pencils Protocol market information

Pencils Protocol's market cap history

Market cap
--
Fully diluted market cap
--
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Pencils Protocol market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • DAPP/USDT
  • Spot
  • 0.0634
  • $170.45K
  • Trade
  • Pencils Protocol holdings by concentration

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    Pencils Protocol addresses by time held

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    Pencils Protocol ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    About Pencils Protocol (DAPP)

    What Is Pencils Protocol (DAPP)?

    Pencils Protocol (DAPP) is a decentralized finance (DeFi) aggregation platform designed to enhance the management and utilization of blockchain-native assets. As a native gateway for the Scroll ecosystem, it leverages advanced technologies like zero-knowledge proofs to provide scalable, private, and secure DeFi services. The platform integrates various financial services, including yield farming, staking, and auctions, allowing users to maximize their asset returns while maintaining a high level of security and regulatory compliance. By offering unified solutions for liquid staking and restaking, Pencils Protocol aims to become a major player in the DeFi sector, particularly within the growing Scroll ecosystem.

    In addition to financial services, Pencils Protocol addresses key challenges faced by traditional DeFi platforms, such as privacy, scalability, and compliance with regulations like KYC (Know Your Customer) and AML (Anti-Money Laundering). By focusing on these areas, the protocol provides a more secure environment for users to engage in decentralized finance activities while adhering to legal requirements. With its innovative approach to liquidity management, auction systems, and multi-layered rewards, Pencils Protocol is positioned to become a go-to platform for DeFi users seeking both high yields and strong privacy protections.

    How Pencils Protocol Works

    Pencils Protocol functions through a combination of vaults, staking, and an auction platform, all within the Scroll ecosystem.

    1. Vaults: These are smart contracts where users can deposit cryptocurrencies. The protocol uses these vaults to invest and reinvest users’ deposits, implementing predefined yield optimization strategies like yield farming, lending, and liquidity provision. Vaults help users generate returns while automatically handling staking, portfolio rebalancing, and transactions.

    2. Staking: Pencils Protocol offers a variety of staking services, including liquid staking and restaking. Liquid staking allows users to stake assets and earn rewards while still retaining liquidity through tokenized versions of their staked assets (e.g., staking ETH to receive pETH). Restaking enhances returns by allowing assets to be staked again across various chains, providing additional yield.

    3. Auction Platform: The protocol supports several types of auctions, including English, Dutch, and batch auctions, as well as innovative methods like Liquidity Bootstrapping Pools (LBP) and Gradual Dutch Auctions (GDA). This enables users to buy and sell digital assets like native tokens, NFTs, and real-world assets. Pencils Protocol’s auction system also integrates with KYC and AML compliance to ensure a secure and legal transaction environment.

    The protocol’s design emphasizes privacy and compliance, utilizing zero-knowledge proofs for transaction validation and integrating tools like Graph Convolutional Networks (GCNs) to monitor and prevent illegal activities such as money laundering.

    What Is the DAPP Token?

    The native utility token of Pencils Protocol is called DAPP. This token plays a critical role in the platform's ecosystem by providing several key functions:

    • Governance: DAPP holders can participate in community governance, voting on important protocol decisions, development directions, and interest rate adjustments.

    • Collateral: Users who wish to list assets on Pencils Protocol’s auction platform are required to stake DAPP as collateral to prevent malicious activities. If misconduct is detected, the staked tokens are redistributed among the community.

    • Medium of Exchange: Within the Pencils ecosystem, DAPP can be used to access exclusive strategies, higher leverage for staking, and other premium services. Users also earn rewards in DAPP for their participation and activities within the platform.

    • Point System: Early adopters of the platform can earn Pencils points, which will be mapped to rights in DAPP. These points unlock various benefits, including priority access to new farming methods and preferential policies.

    Conclusion

    Pencils Protocol offers a comprehensive platform for decentralized finance, providing users with opportunities to earn yield, stake assets, and participate in innovative auctions. With its focus on security, privacy, and compliance, along with the utility provided by the DAPP token, Pencils Protocol is set to create a scalable and efficient ecosystem for DeFi enthusiasts. New investors can explore various yield opportunities while benefiting from the platform’s robust security and governance framework.




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    FAQ

    What is the current price of Pencils Protocol?

    The live price of Pencils Protocol is $0.06 per (DAPP/USD) with a current market cap of -- USD. Pencils Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Pencils Protocol's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Pencils Protocol?

    Over the last 24 hours, the trading volume of Pencils Protocol is --.

    What is the all-time high of Pencils Protocol?

    The all-time high of Pencils Protocol is $2.1. This all-time high is highest price for Pencils Protocol since it was launched.

    Can I buy Pencils Protocol on Bitget?

    Yes, Pencils Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Pencils Protocol guide.

    Can I get a steady income from investing in Pencils Protocol?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Pencils Protocol with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Pencils Protocol (DAPP)?

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    Potential Catalysts for a $SOL Rebound While the token has faced challenges, there are several pote
    Potential Catalysts for a $SOL Rebound While the token has faced challenges, there are several potential catalysts that could drive a strong rebound. These include technological advancements, ecosystem expansion, regulatory clarity, institutional adoption, and broader market trends. 1. Technological Advancements and Upgrades One of the key strengths of Solana is its high-speed and low-cost blockchain infrastructure. However, network congestion and outages have posed challenges in the past. The Solana development team is actively working on enhancements, such as: • Firedancer Validator Client – Developed by Jump Crypto, Firedancer aims to improve Solana’s reliability and scalability, reducing downtime and enhancing transaction throughput. • Improved Consensus Mechanisms – Ongoing refinements to Solana’s Proof-of-History (PoH) and Proof-of-Stake (PoS) hybrid model could boost efficiency and security. • Lower Latency & Transaction Costs – Continuous optimizations to transaction execution could make Solana more competitive against Ethereum and other Layer 1 blockchains. If these upgrades succeed in addressing past network issues, investor confidence in $SOL could rise, leading to higher demand and a potential price rebound. 2. Ecosystem Expansion and Developer Adoption A strong blockchain ecosystem plays a crucial role in the long-term success of any cryptocurrency. Solana has been a hub for decentralized applications (dApps), NFTs, and DeFi projects. Key developments that could drive a rebound include: • New dApp Deployments – More developers building on Solana, especially in gaming, social media, and DeFi, could increase network activity and utility. • NFT and Tokenization Growth – Solana has a strong presence in the NFT space, and the expansion of tokenized assets, such as real-world assets (RWAs), could attract new users. • Partnerships with Major Companies – Increased collaborations with Web3 and traditional finance firms could enhance Solana’s credibility and adoption. A thriving ecosystem increases demand for $SOL as the native token is required for transactions and staking. 3. Regulatory Clarity and Institutional Interest Regulatory uncertainty has often been a barrier to broader adoption of cryptocurrencies. However, as governments and financial regulators establish clearer frameworks, $SOL could benefit in several ways: • Legal Recognition and Compliance – If Solana receives regulatory approval or is classified favorably, it could attract institutional investors. • Spot ETFs and Institutional Investments – The approval of Bitcoin and Ethereum ETFs has opened the door for other crypto assets. If a Solana-based ETF emerges, it could drive significant capital inflows. • Global Crypto-Friendly Policies – Positive regulatory developments in key markets like the U.S., Europe, and Asia could provide a boost to Solana’s growth. Clearer regulations often encourage institutional investors to enter the market, adding liquidity and reducing volatility. 4. Macroeconomic and Market Trends The broader cryptocurrency market significantly impacts the price movements of $SOL. Several macroeconomic factors could contribute to a bullish scenario: • Bitcoin’s Market Influence – Historically, altcoins like Solana tend to rise when Bitcoin enters a bullish phase. If Bitcoin reaches new highs, $SOL could follow suit. • Fed Interest Rate Policies – Lower interest rates typically encourage more risk-on investments, benefiting crypto assets. • Increased Retail & Institutional Adoption – If more investors turn to crypto as an alternative investment, Solana could see increased demand. A positive macroeconomic environment combined with bullish sentiment in the broader crypto market could provide the perfect conditions for a $SOL rebound. 5. Community and Developer Support Solana has a strong and active community that continues to support the network through events, hackathons, and innovation. Some key factors to watch include: • Hackathons & Developer Incentives – More initiatives to attract developers can drive innovation on the network. • Strong Governance & Decentralization Efforts – Improvements in Solana’s governance model could boost investor confidence. • Community-Led Marketing & Awareness – Increased grassroots efforts to promote adoption can contribute to network growth. A dedicated community ensures long-term resilience, making $SOL a strong contender for a price recovery
    SOCIAL+1.91%
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    LUCI_11
    LUCI_11
    1d
    Potential Catalysts for a $SOL Rebound While the token has faced challenges, there are several potential catalysts that could drive a strong rebound. These include technological advancements, ecosystem expansion, regulatory clarity, institutional adoption, and broader market trends. 1. Technological Advancements and Upgrades One of the key strengths of Solana is its high-speed and low-cost blockchain infrastructure. However, network congestion and outages have posed challenges in the past. The Solana development team is actively working on enhancements, such as: • Firedancer Validator Client – Developed by Jump Crypto, Firedancer aims to improve Solana’s reliability and scalability, reducing downtime and enhancing transaction throughput. • Improved Consensus Mechanisms – Ongoing refinements to Solana’s Proof-of-History (PoH) and Proof-of-Stake (PoS) hybrid model could boost efficiency and security. • Lower Latency & Transaction Costs – Continuous optimizations to transaction execution could make Solana more competitive against Ethereum and other Layer 1 blockchains. If these upgrades succeed in addressing past network issues, investor confidence in $SOL could rise, leading to higher demand and a potential price rebound. 2. Ecosystem Expansion and Developer Adoption A strong blockchain ecosystem plays a crucial role in the long-term success of any cryptocurrency. Solana has been a hub for decentralized applications (dApps), NFTs, and DeFi projects. Key developments that could drive a rebound include: • New dApp Deployments – More developers building on Solana, especially in gaming, social media, and DeFi, could increase network activity and utility. • NFT and Tokenization Growth – Solana has a strong presence in the NFT space, and the expansion of tokenized assets, such as real-world assets (RWAs), could attract new users. • Partnerships with Major Companies – Increased collaborations with Web3 and traditional finance firms could enhance Solana’s credibility and adoption. A thriving ecosystem increases demand for $SOL as the native token is required for transactions and staking. 3. Regulatory Clarity and Institutional Interest Regulatory uncertainty has often been a barrier to broader adoption of cryptocurrencies. However, as governments and financial regulators establish clearer frameworks, $SOL could benefit in several ways: • Legal Recognition and Compliance – If Solana receives regulatory approval or is classified favorably, it could attract institutional investors. • Spot ETFs and Institutional Investments – The approval of Bitcoin and Ethereum ETFs has opened the door for other crypto assets. If a Solana-based ETF emerges, it could drive significant capital inflows. • Global Crypto-Friendly Policies – Positive regulatory developments in key markets like the U.S., Europe, and Asia could provide a boost to Solana’s growth. Clearer regulations often encourage institutional investors to enter the market, adding liquidity and reducing volatility. 4. Macroeconomic and Market Trends The broader cryptocurrency market significantly impacts the price movements of $SOL. Several macroeconomic factors could contribute to a bullish scenario: • Bitcoin’s Market Influence – Historically, altcoins like Solana tend to rise when Bitcoin enters a bullish phase. If Bitcoin reaches new highs, $SOL could follow suit. • Fed Interest Rate Policies – Lower interest rates typically encourage more risk-on investments, benefiting crypto assets. • Increased Retail & Institutional Adoption – If more investors turn to crypto as an alternative investment, Solana could see increased demand. A positive macroeconomic environment combined with bullish sentiment in the broader crypto market could provide the perfect conditions for a $SOL rebound. 5. Community and Developer Support Solana has a strong and active community that continues to support the network through events, hackathons, and innovation. Some key factors to watch include: • Hackathons & Developer Incentives – More initiatives to attract developers can drive innovation on the network. • Strong Governance & Decentralization Efforts – Improvements in Solana’s governance model could boost investor confidence. • Community-Led Marketing & Awareness – Increased grassroots efforts to promote adoption can contribute to network growth. A dedicated community ensures long-term resilience, making $SOL a strong contender for a price recovery
    SOCIAL+1.91%
    BITCOIN+2.76%

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