Penumbra is private by default L1 proof of stake blockchain. This includes private transfers, staking, trading, custody, and governance, making it a comprehensive privacy-focused blockchain solution.Penumbra integrates with the Inter-Blockchain Communication (IBC) protocol, allowing for decentralized and private token transfers between IBC-compatible chains and Penumbra's multi-asset shielded pool.Penumbra is pitched as a reimagination of the original Cosmos vision but with privacy at its core, aiming to reshape how privacy is handled in blockchain transactions and interactions.
Penumbra Price Analysis
As of February 3 2025 Penumbra has a marketcap of $22,678,586.00.
This is {{percentagefromath}} from its all time high of $2.70.
In terms of its tokenomics, there's a total supply of 100,030,127.165 with 36.02% currently outstanding.
Keep in mind Penumbra has a fully diluted value of $62,962,883.00 which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
