Phala Network (PHA): Takeoff of the Day

Phala Network ($PHA ) has been in the spotlight of the crypto market today, December 27, 2024, thanks to its sharp rise.

• Current price: $0.48 (+81.7% in the last 24 hours).

• Trading volume: $490 million per day, which is 2 times higher than the daily average.

• Market cap: $390 million, with a circulating supply of 771 million tokens.

What's happening today?

• Interest surges: Daily trading volumes on Binance have reached record highs, especially in the PHA/USDT pair.

• New Partnership: The project announced a partnership with CoralApp, strengthening its position in the AI ​​and Web3 space.

• Technical breakthrough: The token broke through an important resistance level at $0.40, which became a trigger for massive purchases.

Phala Network continues to demonstrate its potential as a leader in confidential computing, offering security and privacy solutions for Web3. Today's success confirms the high relevance and interest in the project from the community and investors.