VAULT Token on Solana: An In-Depth Analysis
Editor's Pick: Check VAULT's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.
Hey everyone, let’s dive into the world of Solana and take a closer look at the VAULT token. If you’re into meme tokens, DeFi, or just curious about what’s happening on the Solana blockchain, you’re in the right place. We’re going to break down everything you need to know, keep it simple, and optimize for search so you can easily find this information later.
What is the VAULT Token?
Okay, so the VAULT token, with the address 5Mfbop5McM9mpDJEkcmnbvesWNLx4Bi7tyyFyGbJpump
, is an SPL token living on the Solana blockchain. It’s not just another random coin; it’s got some interesting connections.
Key Details
- Token Symbol: VAULT
- Token Address:
5Mfbop5McM9mpDJEkcmnbvesWNLx4Bi7tyyFyGbJpump
- Blockchain: Solana
Initial Explorations
When we first looked into VAULT, information was a bit scarce. But after digging deeper, we’ve uncovered more about its role in the Solana ecosystem.
Raydium DEX
You’ll find VAULT being traded on Raydium, a popular decentralized exchange (DEX) on Solana. It’s paired with SOL (Solana’s native token), and it’s got some interesting stats:
- Trading Volume: About $32.38 in the last 24 hours.
- Liquidity Pool: Around $10,313.08.
- Market Cap: Approximately $7,320
- Holders: Roughly 533.
- Age: About 4 days old
These numbers, while small, indicate some level of activity.
Not To Be Confused With…
Now, here’s where things get a little tricky. There are other “vaults” on Solana, but they’re not the VAULT token. For example:
- Quantum-Resistant Vault: This is a security measure using the Solana Winternitz Vault to protect against quantum computer threats, using cryptographic wizardry with WOTS (Winternitz One-Time Signatures).
- Cega Vault Tokens: These are related to the Cega Fi platform and represent user positions in their smart contracts.
So, when we say “VAULT token,” we’re specifically talking about the one traded on Raydium with the above address.
The Real Deal: What Does VAULT Do?
So, the VAULT token isn’t just hanging around. Here’s what it’s aiming to achieve:
- Utility Token: It’s a utility token on the Solana network, often linked with platforms offering services like staking, governance, or DeFi functions. Think of it as having a purpose beyond just being traded.
- Vault AI: It’s connected to Vault AI, which is all about using large language models combined with traditional machine learning for document analysis. Basically, think AI in blockchain.
- Staking Rewards: Here’s a cool part, 1% of escrow fees go to a revenue-sharing pool for VAULT holders. So, holding VAULT could earn you some passive income, acting like a governance mechanism.
- Privacy and Financial Services: VAULT is part of a ecosystem that includes non-KYC on/off ramps, an escrow AI bot, NFT ledger and even a privacy swap. That is pretty broad scope in decentralized finance and privacy services.
- Product Development and Marketing: A portion of the token’s utility goes towards developing the project and getting the word out. This is vital for long-term growth.
Market Data Deep Dive
- Price: Around 0.000639 SOL.
- Fully Diluted Valuation (FDV): Approximately 639.25k SOL.
Community and Recognition
The community around VAULT seems positive, especially with strategic partnerships with companies like Xsolla and Coinflow for non-KYC solutions, indicating some serious ambition. It’s also listed under the Paal ecosystem on CoinGecko, which is a good sign for recognition.
Risks to Keep in Mind
Like anything in crypto, there are risks involved:
- Volatility: Prices can swing wildly; it’s a rollercoaster.
- Regulatory Risks: Privacy-focused crypto can attract scrutiny from authorities.
- Competition: The DeFi space is crowded, so they’ll need to keep innovating to stay ahead.
Conclusion: Is VAULT Worth Watching?
The VAULT token on Solana has some interesting utilities. It’s more than just a meme token. It’s got a foothold in AI, DeFi, and privacy, all while rewarding holders with staking opportunities.
However, like all crypto assets, especially newer ones, approach with caution, do your own due diligence, and consider the risks. The information provided is as of January 26, 2025. So things change quickly in this industry, and it’s important to keep up with the latest developments.
Disclaimer: This report is based on available information. Investing in any cryptocurrency carries risk. Always conduct further personal research or consult with financial advisors before making any decisions.