NAORIS (Naoris Protocol) up 28.49% in the last 24 hours

Gate News Bot Update, March 9 — According to CoinMarketCap data, as of press time, NAORIS (Naoris Protocol) is priced at $0.04, up 28.49% in the past 24 hours. The highest price reached $0.04, while the lowest dropped to $0.02. Its current market cap is approximately $23 million, an increase of $5.09 million from yesterday.

Naoris Protocol is the first Sub-Zero Layer 1 blockchain, combining security layer and sovereignty L1. It uses dPoSec™ consensus mechanism, Swarm AI, and quantum-resistant DePIN architecture to provide real-time trust verification for the entire decentralized ecosystem. The project launched its testnet on January 31, 2025, completed the testnet on November 12, and officially launched $NAORIS token trading.

The core protocol employs post-quantum cryptography (Dilithium-5 NIST-certified algorithm) to ensure each transaction is quantum-resistant. Its innovative dPoSec consensus mechanism turns each device into a real-time security oracle, rewarding anomaly detection and real-time device verification. Swarm AI offers a distributed AI engine capable of monitoring anomalies across networks, devices, and smart contracts in real time.

Supported by top Web3 investment firms including Tim Draper and Draper Associates, the core team advisors include industry leaders like IBM former CTO David Holtzman and Morocco’s EU ambassador Ahmed Réda Chami. Testnet data shows the project has processed over 1 million post-quantum transactions, with more than 1 million security nodes and over 600 million threat detections.

Recent Major NAORIS News:

1️⃣ Strategic Funding and Ecosystem Expansion
The project recently completed a $3 million strategic funding round led by Mason Labs, further strengthening its funding system and attracting top investors. This funding provides solid capital support for subsequent product iterations and market expansion, boosting investor confidence in the project’s commercialization prospects.

2️⃣ Security Audit and Bug Bounty Program
The project launched a $120,000 post-quantum bug bounty program, demonstrating its commitment to cryptographic security and ecosystem safety. By establishing professional security testing mechanisms, it has attracted global security researchers, further validating the reliability of its post-quantum cryptography solutions, which is crucial for market acceptance.

3️⃣ Regulatory Attention and Industry Positioning
As a representative of post-quantum infrastructure, the project submitted policy recommendations to the U.S. Securities and Exchange Commission (SEC) through industry organizations, indicating recognition from industry and regulators for its innovative technology. This high-level policy engagement lays a foundation for long-term compliance and market influence, enhancing its voice in the crypto asset space.

This news is not investment advice. Please be aware of market volatility risks.