#BEL The current price of Bella Protocol (BEL) is $0.7646, with a 4.01% increase in the last 24 hours ¹. The market capitalization stands at $61.17 million, with a 24-hour trading volume of $16.09 million.
*Key Statistics:*
- _Market Capitalization:_ $61.17 million
- _24-hour Trading Volume:_ $16.09 million
- _Circulating Supply:_ 80 million BEL
- _All-Time High:_ $10.03 (September 15, 2020)
- _All-Time Low:_ $0.2211 (May 12, 2022) ¹
Bella Protocol's price has fluctuated significantly, and its market capitalization is relatively low compared to other cryptocurrencies. However, it has a dedicated community and a strong focus on developing blockchain-based solutions.
The BEL token is an essential component of the Bella Protocol ecosystem and serves as both a reward token and a governance token. It can be used to farm fee rewards from the network, get exclusive discounts on Bella protocol products, and for earning staking rewards ².