🚀 IO Trades at ~$0.66 as Decentralized GPU Cloud Gains Traction
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🔹 Quick Stats (Aug 2025)
Price: ~$0.66 (range: $0.63–$0.69)
Market Cap: ~$112M (circulating ~169M of 800M max supply)
Supply: ~169M circulating / 800M max IO
Volume: ~$20M (24h)
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🔧 What It Is
IO is the native utility and governance token of io.net, a decentralized GPU cloud platform built on Solana that connects idle GPU power with AI developers for low-cost, scalable compute.
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📈 Highlights
Utility-as-currency: IO is used for renting GPU clusters, securing the network through staking, and participating in governance voting. Paying in IO avoids fees—unlike USDC or fiat.
Venture-backed DePIN: Raised $30M Series A from Solana Labs, Multicoin, OKX, and others, aiming to onboard tens of thousands of GPU nodes globally.
Full-stack infrastructure: Offers tools like IO Cloud for cluster deployment, IO Worker for GPU provisioning, and IO Explorer for real-time network monitoring.
> Disclaimer: For educational use only—not financial advice.
