Coins: 10053 Exchanges: 858 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Phala Network price

Phala Network Price (PHA)

$0.093461

1.31%
Rank #501

Phala Network Price Chart (PHA/USD)

Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance PHA / BUSD $0.15317200 0.13% $20,643,663
2 Binance PHA / USDT $0.14122600 0.14% $3,540,201
3 Bitrue PHA / BUSD $0.09739900 0.41% $265,484
4 Binance PHA / BTC $0.12301700 0.27% $219,957
5 XT.COM PHA / USDT $0.11933500 2.49% $146,019
6 OKX PHA / USDT $0.10747400 0.28% $89,950
7 OKX PHA / BTC $0.10818100 0.72% $83,319
8 BigONE PHA / USDT $0.10801300 0.61% $82,809
9 KuCoin PHA / USDT $0.14751600 0.20% $77,443
10 Huobi Global PHA / USDT $0.09565200 0.01% $76,682
11 Digifinex PHA / USDT $0.09432200 0.10% $67,375
12 WhiteBIT PHA / USDT $0.09563800 0.04% $56,856
13 CoinTiger PHA / USDT $0.10165800 0.33% $52,408
14 Bitvavo PHA / EUR $0.09341500 0.24% $32,677
15 MEXC Global PHA / USDT $0.09618800 0.26% $27,852
16 CoinW PHA / USDT $0.09621200 0.31% $23,788
17 Kraken PHA / USD $0.09690000 1.02% $23,349
18 Phemex PHA / USDT $0.09447200 0.31% $22,370
19 BingX PHA / USDT $0.09841400 1.11% $19,918
20 Bitrue PHA / USDT $0.09503700 0.11% $18,095
21 Gate.io PHA / USDT $0.09886800 0.20% $17,572
22 LATOKEN PHA / USDT $0.10557200 0.33% $11,460
23 CoinEx PHA / USDT $0.09435500 0.31% $7,720
24 Kraken PHA / EUR $0.09698900 1.46% $7,635
25 LATOKEN PHA / BTC $0.10592500 0.57% $6,163
26 TokoCrypto PHA / USDT $0.17615300 0.11% $3,874
27 TokoCrypto PHA / BUSD $0.17909000 0.17% $3,630
28 Nominex PHA / USDT $0.10691700 0.09% $3,480
29 Nominex PHA / BUSD $0.14794600 0.20% $1,680
30 KuCoin PHA / ETH $0.10787700 1.59% $1,032
31 WazirX PHA / USDT $0.09648000 2.49% $816
32 Hotbit PHA / USDT $0.11937800 1.40% $579
33 BKEX PHA / USDT $0.10843200 0.97% $72
34 Bitforex PHA / USDT $0.09427700 1.14% $291,183
35 Deepcoin PHA / USDT $0.11472400 0.17% $275,001
36 Bibox PHA / BTC $0.17566800 0.16% $150,932
37 Bibox PHA / ETH $0.15928600 0.21% $78,189
38 Bibox PHA / USDT $0.15908100 0.01% $39,426
39 Nominex PHA / BTC $0.25010200 0.15% $3,481
40 WazirX PHA / INR $0.10332300 5.55% $2,268
41 Huobi Global PHA / BTC $0.10077700 4.93% $753
42 TokoCrypto PHA / BTC $0.11984700 0.28% $634
43 AEX PHA / USDT $0.12896800 0.23% $131,472
44 Hoo.com PHA / USDT $0.13469600 75.00% $113,134
45 Hotbit PHA / ETH $0.07139400 40.12% $149,803

PHA Price Statistics

$0
24H Range
$0
  • Phala Network Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $2,352,455
  • Market Cap Rank #382
  • Market Cap $55,204,753
  • Volume / Market Cap 0.0426
  • All-Time High $1 -93.28%
    May 15, 2021
  • All-Time Low $0 44.78%
    Sep 12, 2020
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Phala Network Cryptocurrency

Introduction

Phala Network is a cryptocurrency project aiming to revolutionize privacy protection for decentralized applications (dApps) on the blockchain. By combining blockchain technology with trusted computing, Phala Network strives to offer secure computation and confidential smart contracts to users. Let's delve deeper into this exciting development.

Privacy and Security

In today's digital world, privacy and security have become crucial concerns. Traditional blockchains, such as Bitcoin and Ethereum, may expose sensitive data as smart contracts execute on a public ledger. With Phala Network, users can securely store and process confidential information without worrying about unauthorized access.

Trusted Computing

Phala Network leverages the power of trusted computing, a technology that ensures the integrity of computations executed on a remote server. This technology creates a secure environment known as a "TEE" (Trusted Execution Environment), where confidential data is processed. By integrating TEEs with blockchain, Phala Network enhances privacy and security for dApps.

Confidential Smart Contracts

Smart contracts on Phala Network are confidential, protecting sensitive data from being publicly visible. By encrypting data stored within TEEs, smart contracts can be executed privately, preventing third-party access. This feature opens up new possibilities for industries that require privacy, such as healthcare, finance, and identity verification.

PHA Token

PHA is the native cryptocurrency of Phala Network. As the project's utility token, PHA plays a vital role in securing the network and enabling decentralized governance. PHA holders can participate in staking, voting, and yield farming, contributing to the growth and development of the ecosystem.

Conclusion

Phala Network is committed to paving the way for a privacy-centric future in blockchain technology. Its integration of trusted computing and confidential smart contracts ensures user privacy and data protection. With the native PHA token facilitating network security and decentralization, Phala Network is poised to revolutionize the way dApps handle sensitive information. Keep an eye on this promising project as it continues to bolster privacy in the cryptocurrency space.