ACA is the utility and governance token of the Acala Network, a DeFi-focused blockchain built on Polkadot. What makes ACA interesting is how it powers a multi-chain ecosystemâhandling staking, paying fees, and participating in governance. Acala aims to be a stable, interoperable financial layer, and ACA plays the central role in keeping that system running smoothly.
ACA feels like a âfallen angelâ â it once had big ambitions and high value, but now trades at a small fraction of its all-time high.
If you believe in Acala Networkâs long-term vision (cross-chain DeFi, staking, Polkadot integration), the current low price might represent a âvalue buy opportunityâ â but with major risk.