The current real-time price of PICA is $0.0{5}2860. In the past 24 hours, PICA has traded between $0.0{5}2836 and $0.0{5}3069, showing strong market activity. The all-time high of PICA is $0.0285, and the all-time low is $0.0{5}2390.
From a short-term perspective, the price change of PICA over the past 1 hour is , over the past 24 hours is +0.50%, and over the past 7 days is -6.12%. These figures provide a quick overview of the latest price trends and market dynamics of PICA on LBank.-13.12%
The live price of PICA today is $0.0{5}2860, with a current market cap of $26,318.19. The 24-hour trading volume is 0.34615355023394934. The price of PICA to USD is updated in real time.
Before deciding whether to buy or sell PICA, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s PICA 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 PICA.
How much will PICA be worth tomorrow, next week, or next month in ? What about your PICA assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! PICA Price Prediction
To learn more about PICA, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
solana | 9ohHNt...jyhJbR  | 92.600M | 16.04% |
ethereum | 0x7a60...70f537 | 89.899M | 15.58% |
ethereum | 0xae8b...438a2f | 40.264M | 6.98% |
solana | BaprpZ...Csfj1Z | 28.137M | 4.88% |
ethereum | 0x9994...faa544 | 23.221M | 4.02% |
Other | 303.047M | 52.51% |
Picasso is a Layer 1 blockchain designed as an Interoperability Hub to solve liquidity fragmentation across the crypto ecosystem. It facilitates the seamless movement of assets and data between major networks like Solana, Ethereum, Cosmos, and Polkadot. By providing a trust-minimized infrastructure, it allows these distinct ecosystems to communicate and interact without relying on centralized bridging solutions.
Unlike other cross-chain solutions that often rely on third-party oracles or centralized relayers to verify transactions, Picasso utilizes the Inter-Blockchain Communication (IBC) protocol. This approach is considered trust-minimized because it uses light clients and mathematical proofs to verify data. This ensures a higher level of security and decentralization when connecting previously isolated blockchain networks.
Picasso has introduced a restaking layer to the Solana network, similar to concepts seen on Ethereum. This allows users to take their staked SOL or Liquid Staking Tokens (LSTs) and stake them again to secure additional modular services like bridges or oracles. This mechanism enables users to contribute to the security of the cross-chain infrastructure while earning additional rewards from the services they help protect.
The $PICA token is the native utility token of the Picasso network. It is used to pay for transaction fees (gas) on the Layer 1 blockchain and is required for network staking to ensure security. Furthermore, $PICA holders can participate in governance to vote on project upgrades and treasury management. Stakers also benefit from a revenue-sharing model, receiving a portion of the fees generated by the protocol's bridging and restaking activities.
The V2 tokenomics model introduces a buyback-and-burn mechanism designed to align the token supply with network activity. A significant portion of the revenue generated from IBC bridging and the restaking layer is used to purchase $PICA tokens from the market. These tokens are then permanently removed from circulation, reducing the total supply over time as the protocol's usage increases.
Users can acquire $PICA on major cryptocurrency exchanges, including LBank. For asset transfers, the Trustless.zone interface is used to bridge assets across Solana, Ethereum, and Cosmos. Staking can be performed directly through the official Picasso dashboard or via supported decentralized wallets, allowing users to earn a share of protocol revenue and participate in the growth of the Interoperability Hub.
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