The current real-time price of ABSETH is $2,773.8. In the past 24 hours, ABSETH has traded between $2,756.27 and $2,956.82, showing strong market activity. The all-time high of ABSETH is $5,007.28, and the all-time low is $1,376.28.
From a short-term perspective, the price change of ABSETH over the past 1 hour is , over the past 24 hours is +0.69%, and over the past 7 days is -6.18%. These figures provide a quick overview of the latest price trends and market dynamics of ABSETH on LBank.-6.93%
The live price of ABSETH today is $2,773.8, with a current market cap of $366.700K. The 24-hour trading volume is 3K. The price of ABSETH to USD is updated in real time.
Before deciding whether to buy or sell ABSETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ABSETH technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ABSETH.
How much will ABSETH be worth tomorrow, next week, or next month in ? What about your ABSETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ABSETH Price Prediction
To learn more about ABSETH, consider exploring other resources such as the whitepaper, official website, and other published information:
absETH is a liquid staking token (LST) native to the Abstract network, a Layer 2 solution built on the ZK Stack. It serves as a receipt token for ETH staked within the Abstract ecosystem. By holding absETH, users can earn Ethereum staking rewards while maintaining liquidity. This allows them to use their assets in various decentralized applications across the network rather than locking them up in traditional staking contracts.
The token is a core component of the Abstract ecosystem, which was founded by the team at Igloo Inc., led by Luca Netz. The staking infrastructure is powered by a specialized liquid staking protocol integrated into the Abstract blockchain. This collaboration ensures that users have access to secure and efficient staking mechanisms while benefiting from the growth of the broader Abstract Layer 2 environment.
absETH functions as a "value-accruing" or index token. Unlike some staking tokens that increase in quantity through rebasing, the amount of absETH in your wallet stays the same, but its value increases relative to ETH over time. The yield is generated from Ethereum’s base staking rewards and protocol-specific incentives. When a user eventually unstakes their absETH, they receive more ETH than they initially deposited, reflecting the accumulated rewards.
absETH and ABS serve distinct purposes within the ecosystem. absETH is specifically a liquid staking token designed to represent staked ETH and provide yield. In contrast, ABS is the anticipated native governance and utility token for the Abstract blockchain itself. While holding absETH allows you to earn staking rewards and potentially gain ecosystem XP, the ABS token will be used for network-level functions such as governance and utility within the Abstract Layer 2.
As a liquid staking token, absETH is designed for high utility across the Abstract DeFi landscape. Users can utilize it as collateral for lending and borrowing protocols, provide liquidity in decentralized exchange pools, or participate in various yield-generating strategies. Furthermore, holding absETH and interacting with the network often earns users "Experience Points" (XP), which tracks their on-chain activity and engagement within the Abstract ecosystem.
You can obtain absETH by minting it through the official Abstract staking portal using ETH or by purchasing it directly through decentralized exchanges (DEXs) on the Abstract network. To view your balance, ensure your wallet is connected to the Abstract Mainnet and import the official absETH contract address. While minting provides a direct staking relationship, buying on a DEX can often be faster, depending on available liquidity and market conditions.
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