$ROSE
As of November 8, 2024, Oasis Network's native token, ROSE, has seen a notable market activity with a price increase of over 12%, trading at approximately $0.0746, and a 24-hour trading volume exceeding $51 million. The circulating supply stands at about 7.06 billion tokens, out of a total maximum supply of 10 billion.
The Oasis Network distinguishes itself with a strong focus on privacy and scalability, making it a promising project for decentralized finance (DeFi) and data management. Its architecture includes a dual-layer system: one for consensus and one for processing transactions (ParaTime layer), allowing efficient, parallel operations without compromising speed. This design positions ROSE as an important player for Web3 applications, especially those that require secure and private data handling.
While long-term forecasts are subject to broader market conditions, the continued emphasis on privacy and scalability makes it likely to grow, especially as demand for secure DeFi platforms increases. as adoption of privacy-focused blockchains grows.
In summary, ROSE has the potential for steady growth, driven by its innovative technology and increasing use cases in the DeFi and data privacy sectors.