$PHA (Phala Network) has surged 300% in the last 4 days, reaching $0.54. Here's a detailed breakdown of what’s happening.
"Phala Network is pioneering the integration of artificial intelligence with blockchain technology by functioning as the Execution Layer for Web3 AI. By enabling AI to understand and interact with blockchains, Phala Network removes barriers to adoption, unlocking Web3 for the first billion users," said Bitget when #PHA got listed yesterday.
This was, in my opinion, one of the factors that caused the price surge in the last few days. The +350% volume increase may also lead to new listings on major Exchanges like Coinbase.
Also, the good perspectives to 2025 with the projects:
- Phala TEE:
TEE stands for Trusted Execution Environment and has become a cornerstone of decentralized AI due to its ability to provide strong security guarantees in a decentralized setting. TEEs allow sensitive computations to be carried out in isolated environments, ensuring that data remains confidential and protected from malicious actors.
- Phala 2.0.
Overall, PHA has good perspectives for 2025.
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