Mina

    Minamina#272

    By Twin · CoinHours Editorial · Coin profile maintained by CoinHours Editorial · Market data refreshes every 60s

    $0.0584

    +0.34% (24h)

    7d Change

    -13.94%

    30d Change

    -60.30%

    24h High

    $0.000000

    24h Low

    $0.000000

    Market Cap$76.34M
    24h Volume$5.54M
    Circulating Supply1308.3M MINA
    All-Time High$0.000000
    ATH Change+0.00%

    Price Chart

    Trade Mina

    Open an account on Binance to start trading

    Open Account

    Affiliate disclosure: CoinHours may earn a commission if you sign up via this link, at no extra cost to you.

    About Mina

    Mina Protocol bills itself as the world's lightest blockchain, maintaining a constant size of approximately 22 kilobytes regardless of transaction history through the use of zk-SNARKs cryptographic proofs. This compact design allows any device to quickly sync and verify the chain without requiring substantial computing resources. The protocol aims to improve blockchain accessibility and enable privacy-preserving applications. MINA tokens are used for staking and transaction fees within the network.

    Primary use case: Lightweight blockchain using zero-knowledge proofs to maintain constant 22KB chain size.

    CoinHours Analysis

    Argentina Drops Criminal Probe Into Milei Over Crashed LIBRA Memecoin

    An Argentine federal judge dismissed the criminal probe into President Javier Milei over his promotion of the memecoin LIBRA, a ruling that also cleared his sister Karina Milei and self-described token adviser Hayden Davis. According to CoinDesk , Judge Marcelo Martínez de Giorgi found that Milei's endorsement, while it may have given the token "greater impact," was not sufficient on its own to e

    Qivalis Wins Dutch EMI License to Launch Bank-Backed Euro Stablecoin

    A consortium of 37 major European banks just cleared a regulatory hurdle that most crypto-native stablecoin issuers never have to face: central bank sign-off. According to CoinDesk , the Bank of the Netherlands (DNB) granted Amsterdam-based Qivalis an Electronic Money Institution license on October 14, 2026, putting the bank-backed group on track to issue a euro-denominated electronic money token

    Binance's $100M Circle Deal Boosts USDC in Stablecoin Race With Tether, Analysts Say

    Binance has taken a $100 million equity stake in Circle and signed a new five-year commercial agreement to promote and integrate USDC across its platform, according to CoinDesk . The deal gives the world's largest crypto exchange a direct financial stake in Circle's growth while handing USDC a wider distribution footprint in markets where Tether 's USDT has historically dominated. Market Intellig

    Why Most NFT Collections Fail and Blue Chips Survive

    Most NFT collections lose the majority of their value within 18 months of launch — and the handful that survive share a specific, identifiable set of structural characteristics that have nothing to do with artwork quality. With Bitcoin holding at $81,109 and BTC dominance sitting at 61.5%, speculative capital remains tilted toward liquid assets, making the flight-to-quality dynamic inside the NFT

    Understanding Mina Price Data

    The Mina price shown above is a volume-weighted average across major spot exchanges, sourced from CoinGecko and refreshed continuously throughout the trading day. Cryptocurrency markets trade twenty-four hours a day, seven days a week — there is no opening or closing bell — so the 24-hour change figure is a rolling window measured against the price exactly one day prior, not against a fixed daily close. The 7-day and 30-day percentage moves use the same rolling-window methodology, which means the figures shift continuously rather than resetting at midnight.

    Market capitalisation for Mina is calculated by multiplying the current price by the circulating supply — the number of MINA units currently in public hands and not locked, burned, or reserved by the protocol. This differs from total supply (all units that have ever been created) and max supply (the protocol-defined cap, where one exists). For assets with significant locked or vesting allocations, fully diluted valuation can be a more useful long-term measure than market cap alone. The 24-hour trading volume figure aggregates spot trading across reporting exchanges and excludes derivatives and over-the-counter activity, which can be substantially larger for major assets.

    All-time high (ATH) figures reflect the peak USD price ever recorded for Mina on a major exchange. The ATH change percentage shows how far the current price sits below — or above — that peak, and is one of several inputs the CoinHours Market Cycle Indicator uses when assessing where the broader market sits in its four-year halving cycle. For longer-term investors, ATH drawdown combined with 200-week moving average position and the Fear & Greed Index gives a clearer cycle picture than any single metric in isolation.

    Mina for Australian Investors

    In Australia, the Australian Taxation Office (ATO) treats Mina and other cryptocurrencies as capital gains tax (CGT) assets rather than as currency. Every disposal — selling for AUD, swapping for another crypto, spending on goods or services, or gifting — is a CGT event that must be reported in your tax return. Holding MINA for more than twelve months before disposing of it qualifies you for the 50% individual CGT discount, which is one of the most significant tax planning levers for long-term holders. See the crypto tax encyclopedia entry for a full breakdown of ATO record-keeping requirements, cost-base calculation methods, and the tax treatment of staking rewards, airdrops, and DeFi income.

    Australian investors typically buy Mina through a registered exchange that complies with AUSTRAC anti-money-laundering requirements. Once acquired, holdings can be left on the exchange (counterparty risk), moved to a software wallet (convenience with online attack surface), or transferred to a hardware wallet for cold-storage self-custody (highest security, least convenient). The CoinHours security guide walks through the trade-offs in detail, including seed-phrase storage, multi-signature setups, and inheritance planning. For background on the underlying technology, the Crypto Encyclopedia covers blockchain fundamentals, consensus mechanisms, and the Mina protocol in plain English.

    Mina FAQ

    What makes Mina Protocol different from other blockchains?

    Mina Protocol maintains a constant size of approximately 22 kilobytes regardless of transaction history, achieved through zk-SNARKs cryptographic proofs. This allows any device to quickly sync and verify the entire blockchain without requiring substantial computing resources, unlike traditional blockchains that grow continuously in size.

    How do zk-SNARKs work in Mina Protocol?

    Zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs) enable Mina to compress the entire blockchain state into a small cryptographic proof. Each new block contains a proof that verifies the validity of the entire previous blockchain state, eliminating the need to store complete transaction history whilst maintaining security.

    What are zkApps on Mina Protocol?

    zkApps are zero-knowledge applications that developers can build on Mina Protocol. These applications enable private smart contracts and off-chain computation whilst maintaining verifiability on-chain. They leverage the protocol's privacy-preserving properties to create applications that can process sensitive data without exposing it publicly.

    What are the tax implications for Australian MINA investors?

    Australian investors must comply with ATO capital gains tax requirements for MINA transactions. This includes maintaining detailed records of acquisition dates, costs, and disposal proceeds. Transactions exceeding $10,000 AUD may also trigger AUSTRAC reporting obligations, particularly given the protocol's privacy-focused capabilities.

    What risks should Australian investors consider with MINA?

    Key risks include the protocol's relatively recent launch in 2021, potential undiscovered vulnerabilities in complex cryptographic systems, dependence on zkApp ecosystem growth, evolving regulations around privacy-focused blockchain technologies, and typical cryptocurrency market volatility. The protocol's success relies heavily on continued developer adoption.

    Frequently Asked Questions

    How often is the Mina price updated?

    CoinHours pulls live MINA pricing from CoinGecko, which aggregates trades across major exchanges. The page refreshes the displayed figures every few minutes; the underlying market data updates continuously and may move significantly between refreshes during volatile sessions.

    Why does the Mina price differ between exchanges?

    Each exchange runs its own order book, so prices drift slightly based on local supply and demand, regional liquidity, and pair availability. The figure shown here is a weighted average designed to represent the broad market price rather than any single venue. Arbitrage typically keeps the differences small for major assets but can widen during fast moves or on smaller exchanges.

    Is buying Mina legal in Australia?

    Yes. Cryptocurrency is legal to buy, hold, and trade in Australia. Exchanges operating in Australia must register with AUSTRAC and comply with anti-money-laundering and counter-terrorism financing rules. The ATO treats crypto as property for tax purposes — see the Australian investors section above for tax implications.

    What is market cap and why does it matter?

    Market capitalisation equals current price multiplied by circulating supply and gives a rough measure of an asset's total value in public hands. It is a more meaningful comparison metric than price alone because two coins with identical prices can have radically different supplies. Market cap rank is one input investors use when assessing relative size, but it does not account for locked tokens, future emissions, or actual on-chain liquidity.

    Should I store Mina on an exchange or in a wallet?

    Exchange custody is convenient but exposes you to counterparty risk — exchange failures and hacks have wiped out customer balances historically. For amounts material to your finances, a hardware wallet under your own control is the standard recommendation. Read the security guide for a full comparison of custody options and seed-phrase best practices.

    Information on this page is general in nature and does not constitute financial, investment, or tax advice. Cryptocurrency prices are volatile and you can lose your entire investment. Consult a qualified Australian financial adviser and registered tax agent before making investment decisions.