ValidityVAL
$3.44
Market/Exchange
VAL Price Prediction and Price Movement
VAL is up 64.94 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of VAL can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, VAL has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on VAL'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.
Validity Price Chart
About Validity
The Validity technology suite has 2 main components: The Validity blockchain and the Validity Smartchain.
The Validity blockchain is a decentralized network that uses a proof of stake (PoS) consensus algorithm. People can stake their VAL coins in the Validity wallet and receive VAL coins as a reward for helping secure the network.
The Validity Smartchain is a second layer built on top of the Validity blockchain. It helps with scaling and provides advanced utilities. VAL is used to pay for these utilities which include: Decentralized Identities (DID), Non Fungible Tokens (NFTs), Social and Reputation Tokens, File Signing and Verification, Decentralized Elections and Voting, etc.