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PHA (Phala Network) up 10.89% in 24 hours
Gate News, April 2, according to Gate market data, as of the time of writing, PHA (Phala Network) is trading at $0.03908. Over the past 24 hours, it is up 10.89%, with a high of $0.04013 and a low of $0.03332. Its current market cap is approximately $32.5464 million.
Phala Network is a Polkadot privacy compute parallel chain, aiming to become Web3.0 privacy-preserving infrastructure. Built on Substrate and implemented through a TEE blockchain architecture to enable confidential smart contracts, it provides privacy compute services for the Polkadot ecosystem. PHA is the platform’s native utility token, used to purchase trusted compute resources, pay data exchange fees, participate in security assurance mechanisms, and vote in community governance.
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