Mina Protocol MINA

Where MINA sits in the market

#347 places Mina Protocol in the middle of the mid-cap band. This is where continuous two-sided quoting stops being guaranteed. MINA still prints regularly, but the depth behind each print thins out through the session, and the same order that barely registers in the morning can set the day's high in a quieter hour.

CryptoPingAi is currently streaming 6 live MINA order books (Binance, OKX, Gate.io, HTX, Upbit, Bithumb). That is wider coverage than most assets ranked near #347 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.

MINA against its all-time high

More than 95% separates MINA from its all-time high of $9.09 (on 2021-05-31) — a 154x recovery. At that distance the high stops working as a reference at all; it belongs to a different supply structure, a different holder base and typically a different cycle. What carries information for MINA now is the downside, so read the range section below before this one. 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.

MINA across its historical range

MINA has traded across a 248x range, between $0.0367 and $9.09. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

At 60.6% above its record low of $0.0367 (on 2026-06-30), MINA sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

MINA supply structure

There is no fixed maximum supply for MINA. Total supply stands at 1.29 billion MINA and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. With a supply in the billions, the quoted price is low enough that a single cent of movement is a large percentage swing; size your thresholds in percent, not in cents.

What kind of asset MINA is

Mina Protocol is a layer-2 or scaling asset, which means its economics are downstream of a base chain. Fee revenue depends on how much activity migrates to it, and the competitive set is crowded — several rollups compete for the same transactions with near-identical technical claims. Sequencer decentralisation and the fee split with the settlement layer are the structural questions.

CoinGecko files MINA under 10 categories, including Layer 1 (L1), Zero Knowledge (ZK), FTX Holdings, Paradigm Portfolio, Coinbase Ventures Portfolio. Worth flagging from the metadata: MINA was held on FTX's balance sheet and remains part of the estate's distribution, and appears in the Paradigm portfolio.

How to set a Mina Protocol alert that is worth receiving

Mina Protocol (MINA) — quoted on 6 venues we stream — high dated 2021-05-31 — rank #347. 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 →