The blockchain platform Mina Protocol (MINA) climbed by over 28% in the last 24 hours. This means MINA is in bullish mode.
Powered by participants, Mina Protocol (MINA) stressed that it is the world’s lightest blockchain. As of now, the platform creates a privacy-preserving link between the real world and crypto. More so, it has the support for a stable and democratic future.
In addition, the MINA price jumped from yesterday’s low of $4.54 to trade at $6.27 on September 14. But, it didn't stay at that level for long as it quickly dropped to $5.90 before climbing back.
According to CoinMarketCap, MINA is trading at $5.99 with a 24-hour trading volume of $360,902,953 at press time. Thus, it means MINA's price is up by over 28% in the last 24-hour.
Even more, the price surge comes just a few days after Polygon announced it integrated Mina Protocol to offer privacy to Ethereum scaling solutions.
As per the project website, the platform is a minimal ‘succinct blockchain’. It minimizes computational conditions to run DApps efficiently.
Aside from this, the blockchain platform claims to be the world’s lightest blockchain. This is because it remains steady despite an increase in usage.
The Mina project was first called the Coda Protocol before it got rebranded to Mina Protocol in October 2020.
Not to mention, the Mina Protocol ecosystem has a size of only 22 KB, which is minuscule compared to Bitcoin’s 300 GB blockchain.
However, the team highlighted that Mina is similar to Bitcoin. Apart from how it manages transactions, it uses the account model of Ethereum.
Mina Protocol (MINA) said it offers an effective distributed payment system that lets users check the platform from the genesis block.