The all-time high (ATH) for Balancer (BAL) crypto reached $74.45. This peak was recorded on May 04, 2021.
Balancer is a decentralized exchange (DEX) protocol built on Ethereum that allows for programmable liquidity. Its native token, BAL, plays a crucial role in the protocol's governance, enabling token holders to vote on important decisions concerning the future development and parameters of the Balancer ecosystem.
The value of cryptocurrencies like BAL can be highly volatile, influenced by broader market trends, protocol developments, adoption rates, and overall investor sentiment. The all-time high represents a significant milestone in the asset's price history, reflecting a period of strong demand and market interest.
Balancer (BAL) Price Overview
To provide a clearer picture of Balancer's price movements, here's a summary of its historical data, including recent trading ranges and its lowest recorded price:
| Metric | Value | Date / Period |
|---|---|---|
| All-Time High | $74.45 | May 04, 2021 |
| All-Time Low | $1.55 | Aug 05, 2024 |
| 24h Price Range | $2.29 – $2.69 | Recent Period |
| 7d Price Range | $2.29 – $3.59 | Recent Period |
This data illustrates the dynamic nature of cryptocurrency markets, where significant price fluctuations are common. The journey from its all-time low to its peak and subsequent corrections highlights the typical market cycles experienced by many digital assets.
