Parallel (PAR) is not tradable on Coinbase.
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Parallel Price (PAR)
Market stats
Parallel is on the rise this week. ↗
The price of Parallel has increased by 0.30% in the last hour and increased by 0.40% in the past 24 hours. Parallel’s price has also risen by 0.32% in the past week. The current price is $1.05 per PAR with a 24-hour trading volume of $11.10. Currently, Parallel is valued at 72.04% below its all time high of $3.75. This all-time high was the highest price paid for Parallel since its launch.
The current circulating supply of Parallel is 2,240,894 PAR which means that Parallel has as total market cap of 2,240,894.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$2.4M
Volume (24h)
$11.10
Circulating
2.2M PAR
All time high
$3.75
Price change
1 hour
↗ 0.3%
1 day
↗ 0.4%
1 week
↗ 0.32%
2 weeks
↗ 0.98%
1 month
↗ 30.8%
1 year
↗ 3.1%
1 year benchmarks
Performance
↗ 0.2%
Vs. Market
↘ 56.55%
Vs. BTC
↘ 61.47%
Vs. ETH
↘ 30.14%
About Parallel
FAQ
The Parallel (PAR) is a protocol that operates on the Ethereum blockchain. PAR is a decentralized stablecoin issuance protocol. Parallel tokens are noncustodial, decentralized, fully redeemable, and collateral-backed assets pegged to a traditional currency. Further, these coins are kept stable by collateral locked in smart contract vaults. The platform aims to progressively decentralize itself over time, passing control to a diverse community holding the governance token.
According to the website, the mission of this platform is to provide the safest way to access the best services on the blockchain. The platform also aims to start with a protocol that provides a safe way to mint and earn new stable tokens pegged to the euro. Minting means verifying information, making a new block, and recording that information into the blockchain. As per the whitepaper, the various features of this project are:
The Parallel network launched its whitepaper on May 5, 2021. The CEO of this project is Claude Eguienta, while Toby Hoenish is the network's cofounder and chief financial product officer.
We update our Parallel to USD currency in real-time. Get the live price of Parallel on Coinbase.
The current market cap of Parallel is $2.42M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Parallel is $3.75. This all-time high is highest price paid for Parallel since it was launched.
Over the last 24 hours, the trading volume of Parallel is $11.10.
Assets that have a similar market cap to Parallel include CRYPTORG, Alium Finance, Wrapped Mantle, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Parallel is 2.2 million.
Parallel Price History
Date | Price | Change |
|---|---|---|
Today (January 23, 2025) | $1.05 | 0.34% |
24 hours ago (January 22, 2025) | $1.05 | 0.40% |
1 week ago (January 16, 2025) | $1.04 | 0.32% |
1 month ago (December 23, 2024) | $0.80 | 30.80% |
1 year ago | $1.05 | 3.10% |
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