Convert Albanian Lek ALL to Sommelier SOMM

About Sommelier

Sommelier is falling this week. The current price of Sommelier is ALL 0.03225 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ALL 12,085,864.63. The amount of Sommelier traded has fallen by -ALL 4,091 in the last 24 hours, which is a 96.08% decrease. Additionally, in the last day, ALL 4,258 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ALL 0.03225 ALL. In other words, to buy 5 Sommelier, it would cost you ALL 0.16124 ALL. Inversely, ALL 1 ALL would allow you to trade for 31.01 SOMM while ALL 50 ALL would convert to 1,550.44 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 8.94%. Meanwhile, in the last 24 hours, the rate has changed by 14.66%, and that the highest exchange rate of 1 SOMM to ALL was ALL 0.03761 ALL and the lowest 24 hour value was 1 SOMM for ALL 0.0301 ALL. Last month, 1 SOMM was worth ALL 0.03482 ALL. Today, it's down 8.68%. Looking back a year, Sommelier has changed by ALL 0.08558 ALL. That means that in a single year, the value of Sommelier has shrank by 60.61%.

Sommelier Market Stats

Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier Validators to be executed on the Cellar with the intention of gaining yield. Cellars can be strategies like: A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify An NFT trading strategy that leverages Twitter sentiment around particular collections A strategy that hedges liquidity provision on DEXes Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets. Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.

ALL 0.03225Price
ALL 12.09MMarket cap
ALL 4.26KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

ALL to SOMM values from Today at

ALL 1 ALL = 15.50 SOMM
ALL 1 ALL = 31.01 SOMM
ALL 5 ALL = 155.04 SOMM
ALL 10 ALL = 310.09 SOMM
ALL 50 ALL = 1,550.44 SOMM
ALL 100 ALL = 3,100.87 SOMM
ALL 500 ALL = 15,504.37 SOMM
ALL 1,000 ALL = 31,008.74 SOMM

SOMM to ALL values from Today at 6:08 pm

0.5 SOMM = ALL 0.01612 ALL
1 SOMM = ALL 0.03225 ALL
5 SOMM = ALL 0.1612 ALL
10 SOMM = ALL 0.3225 ALL
50 SOMM = ALL 1.61 ALL
100 SOMM = ALL 3.22 ALL
500 SOMM = ALL 16.12 ALL
1,000 SOMM = ALL 32.25 ALL

ALL to SOMM over time

ALL
Today
24H
-2,658.62%
1M
-2,871.60%
1Y
-1,168.47%
0.5 ALL
15.50 SOMM
13.29 SOMM
14.36 SOMM
5.84 SOMM
1 ALL
31.01 SOMM
26.59 SOMM
28.72 SOMM
11.68 SOMM
5 ALL
155.04 SOMM
132.93 SOMM
143.58 SOMM
58.42 SOMM
10 ALL
310.09 SOMM
265.86 SOMM
287.16 SOMM
116.85 SOMM
50 ALL
1,550.44 SOMM
1,329.31 SOMM
1,435.80 SOMM
584.24 SOMM
100 ALL
3,100.87 SOMM
2,658.62 SOMM
2,871.60 SOMM
1,168.47 SOMM
500 ALL
15,504.37 SOMM
13,293.09 SOMM
14,358.00 SOMM
5,842.37 SOMM
1,000 ALL
31,008.74 SOMM
26,586.19 SOMM
28,715.99 SOMM
11,684.73 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about ALL 0.03225.

Based on the current rate, you could get 31.01 SOMM for 1 ALL.

Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. Since last month, the exchange rate of Sommelier has decreased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to ALL calculator at the top of this page to convert any amount of SOMM to ALL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ALL is equivalent to 155.04 SOMM. Inversely, 5 SOMM will cost about ALL 0.1612

Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.

There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, MetaSwap, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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