Is a Bounce Coming? Chainbase Investors Stay Alert
#Chainbase is a hyperdata network that transforms omnichain blockchain data into structured, AI-powered layers, enabling seamless cross-chain queries. Its dual-chain architecture leverages Cosmos for governance and EigenLayer for Ethereum security, while the Manuscript protocol rewards developers for data-processing scripts.
The $C token drives data access, staking, governance, and incentives, with 40% allocated to the ecosystem. In July 2024, Chainbase raised $15 million in a Series A round led by Tencent and Matrix Partners.
Despite recent price declines—around 6% in 24 hours and 20–23% over the past week—Chainbase remains a promising platform for AI and DeFi data solutions, supported by strong developer tools and partnerships.
