Vana Price

Vana (VANA) is a cryptocurrency operating on the Ethereum platform, currently ranked #527 with a price of $1.21. It has seen a -0.16% change in the last 24 hours, with trading volume reaching $18.8K. Vana focuses on user-owned data management, leveraging blockchain technology to empower individuals with complete control over their personal data. It operates as a Layer 1 solution in the AI & Big Data sector, creating a decentralized ecosystem for data privacy and control. The token has a circulating supply of 30.8M VANA out of a total supply of 120M VANA, with a maximum cap set at 120M VANA. Its market capitalization currently stands at $37.26M, representing 25.67% of its fully diluted valuation of $145.2M. Backed by notable investors including Coinbase Ventures, Polychain Capital, and Paradigm, Vana aims to revolutionize how personal data is managed and monetized in the digital economy.

Vana (VANA) was created on December 13, 2024, when it was officially listed on cryptocurrency tracking platforms. The token operates on the Ethereum blockchain and has since grown to achieve a market cap of $37.26M with 30.8M VANA tokens in circulation out of a maximum supply of 120M VANA. Since its launch, Vana has established itself as a platform focused on AI & Big Data applications, backed by notable venture capital firms including Coinbase Ventures, Polychain Capital, and Paradigm.

Vana was founded by Anna Kazlauskas and Arthur Abal. Anna Kazlauskas serves as the CEO, bringing her experience from the Celo blockchain project and as the founder of Iambiq, a machine learning document filtering solution. Arthur Abal is the COO, contributing his extensive industry experience to the project. Together, they've built Vana as a data platform for AI that has attracted significant investment from notable venture capital firms in the Web3 space.

Vana operates on a decentralized network that empowers users to own and control their personal data. The VANA token functions as the native cryptocurrency within this ecosystem, currently ranked #527 with a price of $1.21. The system works through these key mechanisms: 1. Data Ownership: Users maintain complete control of their data rather than relying on centralized servers owned by corporations. 2. Secure Data Sharing: Vana enables selective sharing of personal information through smart contracts and encryption protocols. 3. Tokenized Incentives: The VANA token (with 30.8M VANA in circulation out of 120M VANA maximum supply) rewards participants who contribute to the network. 4. AI & Big Data Integration: As a Layer 1 blockchain solution, Vana specializes in decentralized AI data management applications. The network has gained significant traction with a current market cap of $37.26M and 24-hour trading volume of $18.8K. The price has moved -0.16% in the last 24 hours, with a range between $1.19 and $1.23.

Vana operates on a technical architecture focused on programmable data ownership and personal data sovereignty. Built on the Ethereum platform, VANA addresses the 'double-spending problem of data' - a fundamental challenge in digital ownership systems. The architecture enables users to maintain control over their personal data while allowing for secure, programmable interactions. As a Layer 1 solution in the AI & Big Data space, Vana's technical framework supports a total supply of 120M VANA with 30.8M VANA currently in circulation. The system incorporates advanced cryptographic protocols to ensure data integrity while enabling programmable features similar to how Ethereum enables programmable state transitions. The architecture is designed to create a more balanced digital ecosystem where individuals maintain sovereignty over their data assets while still enabling value creation through controlled sharing and utilization within the network.

Vana has an ambitious roadmap focused on expanding its AI and blockchain integration. As a Layer 1 platform backed by notable investors like Coinbase Ventures, Polychain Capital, and Paradigm, Vana aims to revolutionize data ownership and AI applications by 2026-2027. The roadmap includes enhancing network scalability, expanding developer tools, and increasing cross-chain interoperability by 2028. With a maximum supply of 120M VANA and current circulation of 30.8M VANA, Vana is positioned for potential growth. The team plans to launch additional AI-powered features, expand governance mechanisms, and establish strategic partnerships by 2031. Given its current price of $1.21 and market cap of $37.26M, Vana shows promise as an emerging player in the AI-blockchain intersection, potentially reaching wider adoption milestones by 2036.