Gate News message: On April 2, according to Gate market data, as of the time of this release, PHA (Phala Network) is trading at $0.03908, up 10.89% over the past 24 hours. It hit a high of $0.04013 and fell to a low of $0.03332. Its current market cap is approximately $32.5464 million.
Phala Network is a Polkadot privacy computing parallel chain, aiming to become a Web3.0 privacy-protecting infrastructure. Built on Substrate and implemented with a TEE blockchain architecture for confidential smart contracts, it provides privacy computing services for the Polkadot ecosystem. PHA is the platform’s native utility token, used to purchase trusted computing resources, pay data exchange fees, participate in security assurance mechanisms, and vote in community governance.
Phala has now grown into a confidential computing platform with hardware security, offering an end-to-end solution for AI workloads, and has earned the trust of more than 5,000 users. The platform provides preconfigured confidential AI models, supports deployment of multiple popular frameworks, and has obtained enterprise-level certifications such as SOC 2 Type I and HIPAA, with a 99.9% uptime commitment.
This news is not investment advice. Investment involves risks, including market volatility.
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