Bluzelle BLZ

What BLZ actually is on-chain

Bluzelle is an ERC-20 deployed on Ethereum, at contract address 0x5732046a883704404f284ce41ffadd5b007fd668. That address, not the ticker BLZ, is what uniquely identifies this asset: anyone can deploy a second token calling itself BLZ, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, BLZ is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in BLZ itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For BLZ the project publishes a whitepaper, a public source repository and an active account as @BluzelleHQ. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where BLZ sits in the market

Bluzelle sits at #1743, inside the lower small-cap band. Depth here is shallow enough that one large order walks the book several percent and the print mean-reverts within the same session — which is why a single fixed price level is a fragile trigger, and a condition that tolerates one wick is the more useful construction. Listings are concentrated across a small number of venues, so volume-driven delisting is an active risk here rather than a hypothetical one.

CryptoPingAi is currently streaming 1 live BLZ order book (Gate.io). That is thinner coverage than a #1743 ranking would normally imply — a move on one of these books is close to the whole market for BLZ, with no deep second venue to arbitrage it back. None of the books we see for BLZ are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

BLZ against its all-time high

BLZ is down more than 95% from its $0.7831 peak (on 2018-02-10), leaving a 92.9x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For BLZ the informative reference is the downside, which makes the range section below more relevant than this one. It was set 9 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

BLZ across its historical range

BLZ has traded across a 120x range, between $0.00654948 and $0.7831. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

BLZ trades within 28.7% of the all-time low of $0.00654948 set on 2020-03-13. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. The low is old enough to have held as a floor across several market regimes — a materially different setup from one printed recently.

BLZ supply and valuation data

Supply figures for BLZ are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $6.3 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset BLZ is

Bluzelle is a base-layer network, so BLZ is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself.

CoinGecko files BLZ under 9 categories, including BNB Chain Ecosystem, Ethereum Ecosystem, DePIN, Decentralized Science (DeSci), Osmosis Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Bluzelle alert that is worth receiving

Bluzelle is the ERC-20 at 0x5732…d668 on Ethereum — quoted on 1 venue we stream — high dated 2018-02-10 — rank #1743. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →