To buy currency $PHA
The Phala Network (PHA) currency has recently seen a significant increase in its value due to several positive developments in the market.
📈 Key positive news about PHA:
1. Support from Binance and the launch of perpetual contracts with leverage up to 75x
On December 30, 2024, the Binance platform announced its support for the PHA currency by launching perpetual contracts denominated in USDT with leverage up to 75x. This announcement came after a weekly increase of 263% in the price of the currency, reflecting growing confidence from investors.
2. Strategic partnership with the AI framework ai16z
Phala Network announced a partnership with the AI framework ai16z, aiming to launch version 2.0 of the network. This version will integrate privacy-focused cloud computing and artificial intelligence, enhancing the network's capabilities in dealing with Web3 applications and artificial intelligence.
3. An increase of 322% within one week
Between December 23 and December 30, 2024, the price of PHA rose from $0.12 to $0.59, representing an increase of 322%. This rapid growth made it one of the best-performing cryptocurrencies during that period.
These developments indicate that Phala Network is gaining increasing momentum in the cryptocurrency market, especially with its focus on integrating artificial intelligence and cloud computing technologies with blockchain technology.
