Pastel (PSL)
1. Fundamental Analysis
1.1 Introduce
Pastel Network is a fully decentralized, developer-friendly layer-1 blockchain serving as the preeminent protocol standard for non-fungible tokens (“NFTs”) and Web3 technology. Pastel infrastructure enables existing layer-1 blockchains, decentralized applications, or third-party enterprises to protect creators and collectors. From digital collectibles & media to documents & applications, users and developers are able to certify asset rareness and truly store data forever. Lightweight protocols delivered by interoperable open APIs such as Sense and Cascade can be easily integrated across existing networks. A wide range of Web3 applications can be built directly on the Pastel Network, enabling developers to enjoy the scalable registration features, storage processes, and security of the broader ecosystem.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | PSL | Market Cap | 1276635.152 |
| Name | Pastel | White Paper | -- |
| Web Site | https://pastel.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.pastel.network/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 21000000000 | |
| Supply | 21000000000 | Release Date | |
| Available Supply | 10827200000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Significant price volatility observed. Current price hovering around a historical support level. Potential for a breakout in either direction. Further observation needed to confirm trend reversal or continuation of consolidation. Increased volume observed during periods of significant price fluctuation suggesting strong investor participation. Downward trend evident in the medium term, but recent price action indicates a possible weakening of this trend. Likelihood of sideways trading in the near term before a decisive move establishes a clearer direction. Monitor volume and price action closely for confirmation signals. Risk of sharp reversals remains high.
