Picasso (PICA) — price, overview & secure storage
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Last Updated on Aug 26, 2026 11:01 PM
What is Picasso? Complete guide to PICA
What is Picasso and who created it?
Picasso is a DeFi infrastructure-focused Layer 1 protocol designed to address the challenges of cross-chain interoperability and security. It extends the Inter-Blockchain Communication (IBC) protocol to connect multiple ecosystems, including Solana, Ethereum, Cosmos, and Polkadot. Picasso functions as a cross-ecosystem IBC hub, enabling secure asset transfers and facilitating the cross-pollination of assets, builders, and communities between these networks.
Key features of Picasso blockchain
The $PICA ecosystem offers users the ability to stake their tokens and earn rewards, including a native APY, 20% of bridging fees, and 20% of restaking fees. The MANTIS app is now live, enhancing the staking experience. The Picasso L1 Protocol facilitates secure bridging and multi-asset restaking via Inter-Blockchain Communication (IBC) on Solana.
How Picasso transactions work
With over $100K in total transfers and $6M restaked, the platform supports the first-time use of SOL and liquid staked derivatives to secure Actively Validated Services (AVSes), such as bridges and dApps. This model rewards operators and restakers, promoting a secure and censorship-resistant environment. The project also introduces a Generalized Restaking Layer, allowing users to enhance the security of various blockchain networks by restaking assets across multiple Proof-of-Stake (PoS) systems.
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Similar cryptocurrencies to Picasso (PICA)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 Bitcoin BTC | $78,574.84 | -0.36% | $1.58T |
 Ethereum ETH | $2,490.65 | 1.54% | $0.30T |
 Tether USDT | $1.0000 | 0.01% | $0.18T |
 BNB BNB | $704.32 | 1.04% | $93.78B |
 XRP XRP | $1.40 | -3.17% | $87.96B |
Frequently asked questions about Picasso (PICA)
- Picasso is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Picasso offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- PICA represents the same asset as Picasso. The ticker is simply a short label for trading and listing purposes.
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