SAFLE Price Prediction and Price Movement
SAFLE has been down 2.56 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that SAFLE's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if SAFLE is backed by a solid development team and whether SAFLE's technology has any potential to grow.
Please note that this analysis is purely base on SAFLE's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Safle Price Chart
A next-generation non custodial wallet, self sovereign identity protocol and Web3 infra. provider for the decentralised ecosystem, governed by community Safle is a decentralised blockchain identity wallet built by Safle Network and Mainchain Research & Consulting that enables secure private key management and seamless experience for dApps, DeFi and NFTs. “Buying & Selling, Transferring and Storing crypto should be as hassle free as using a social media platform or email.” Safle's vision is to create frictionless experiences for users and developers wanting to access and build on decentralised infrastructures. With Safle's Web Application, Browser Extension and Phone Application, retail users are able to enjoy various features with a SafleID account that comes with a fully functional name enabled vault. This helps the retail users to HODL with Safle. “Building applications on blockchain is a tidy bit difficult, given the limited knowledge of programming languages and frameworks like truffle and ganache. Therefore, it can be cumbersome for normal web developers to build applications that can interface with the blockchain.” SafleNode Web3 Infrastructure along with SafleKeyless allows developers to easily onboard users onto their decentralised applications. SafleNode stack provides auto deploy node services for requesting connections through RPC(Remote Procedure Call) to communicate with the blockchain. Currently, SafleNode provides services for EVM compatible blockchains (Polygon, Binance Smart Chain, Optimism) and plans to further the support on Tezos, Polkadot and prominently used blockchains as per the community demand. This helps the developers ecosystem BUIDL with Safle. In order to maintain a balance between developers and retail users, Safle intend to develop wallet infrastructure in a completely non-custodial fashion using Open Governance Mechanisms via the SafleDAO coordinated and maintained by the Safle token economy. The native $SAFLE token will not only enable token holders to propose and vote on changes (governance privileges) to functionalities and feature sets of the wallet and node services, but will also create a self-sustaining token economic model where value will be generated by providing access to finance and identity in the decentralised digital world.