Parallel Governance PRL

What PRL actually is on-chain

Parallel Governance is an ERC-20 deployed on Ethereum, at contract address 0x6c0aeceeDc55c9d55d8B99216a670D85330941c3. That address, not the ticker PRL, is what uniquely identifies this asset: anyone can deploy a second token calling itself PRL, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, PRL is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in PRL 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.

Another asset tracked on this site also uses the ticker PRL: Perle (Solana, PERLEQ…6pDs). The asset on this page is specifically the Ethereum deployment at 0x6c0a…41c3. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For PRL the project publishes a public source repository and an active account as @ParallelMoney. That is a partial paper trail — enough to check claims against, not enough to audit. 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 PRL sits in the market

Parallel Governance ranks #3678, in the upper long tail, past the point where most data providers stop publishing supply figures, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 4 live PRL order books (Bitget, Gate.io, Upbit, Bithumb). That is wider coverage than most assets ranked near #3678 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

PRL against its all-time high

PRL is 79.4% off its $0.4317 high (on 2021-10-20). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 4.85x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

PRL across its historical range

PRL has traded across a 4,326x range, between $0.00009979 and $0.4317. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

At 892x above the $0.00009979 record low (on 2025-03-11), long-term holders sit on returns large enough that ordinary drawdowns do not change their behaviour. Distribution pressure here is a function of holder age, not of the current chart.

PRL supply and valuation data

Supply figures for PRL 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 $860 thousand as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset PRL is

Parallel Governance sits in the real-world-asset category, where the token is a claim on or a representation of something held off-chain. That makes the relevant risks custodial and regulatory rather than purely market-driven: attestation quality, the identity of the custodian and the legal enforceability of redemption matter more than the chart. RWA assets also tend to move on regulatory news cycles that have nothing to do with the broader crypto tape.

CoinGecko files PRL under 10 categories, including Decentralized Finance (DeFi), Yield Farming, Polygon Ecosystem, Fantom Ecosystem, Arbitrum Ecosystem. CoinGecko also records deployments on Polygon (531 tracked tokens), Arbitrum (391 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 Parallel Governance alert that is worth receiving

Parallel Governance is the ERC-20 at 0x6c0a…41c3 on Ethereum — quoted on 4 venues we stream — high dated 2021-10-20 — rank #3678. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

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