TREE (Treehouse) is trading at 0.55 USD, with an increase of 80.38% over the last 24 hours, reaching a maximum of 0.59 USD and a minimum of 0.28 USD, with a 24-hour volume of 156 million USD. The current market capitalization is around 85.6 million USD, with an increase of about 38.2 million USD compared to yesterday.
TREE recent important news:
1️⃣ Treehouse launches innovative technology solutions The Treehouse project recently launched an innovative technology solution called "Timeout Trees," aimed at addressing scalability issues of LSPs (Lightning Service Providers) in the Lightning network. This technological advancement is expected to significantly enhance the performance and user experience of the Treehouse network, providing technical support to the rising price of TREE.
2️⃣ Verkle tree technology attracts market attention The application and discussion of Verkle tree technology in the blockchain field are becoming increasingly frequent. As an improved version of Merkle trees, Verkle trees show tremendous potential to enhance data validation efficiency and reduce storage costs. The Treehouse project, in this exploration and application, could become an important direction for its future development, attracting the attention of investors.
3️⃣ TREE price forecasts generate optimism in the market Several cryptocurrency analysis agencies have published price prediction reports for TREE (Treehouse), generally expressing an optimistic view on its future evolution. The dissemination of these prediction reports may have stimulated, to some extent, the buying enthusiasm of investors, thus propelling the rapid increase in the price of TREE.
From a technical perspective, TREE has shown a strong increase after breaking through previous resistance levels, and could continue to maintain a high oscillation in the short term.
