Lumia (LUMIA) has been gaining traction recently. It is currently priced around $1.31, reflecting a 4% increase over the past 24 hours, and has seen a 28% gain over the last week. Its trading volume is approximately $51 million, with a market cap of $106 million, ranking it among the notable projects in the DeFi and Layer 2 space
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Lumia operates as a Layer 2 Rollup leveraging advanced technologies such as PolygonCDK and Chain Abstraction. Its utility includes functioning as a native gas token, governance participation, staking for network security, and liquidity provision. Additionally, Lumia tokens can unlock premium features and reduced fees within its ecosystem
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However, the token is relatively new, launched less than a month ago, with only about 30% of its total supply in circulation. While it has performed well recently, it has experienced volatility since its inception
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If you're considering trading or investing in Lumia, it is currently listed on platforms like Binance and LCX, with the latter recently adding a EUR trading pair
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