Over the last 24 hours, the Chainbase ($C
) token has seen a price increase of over 4% ๐, driven by strong buying volume and positive market signals. This rise is backed by the project's increasing enterprise adoption, as over 60% of its business clients now use its SQL bridges to connect with Web2 systems, proving its real-world utility.
However, the token faces risks, including the possibility of a price correction after its recent gains and fierce competition from other blockchain data providers. ๐ The author wonders if enterprise adoption will continue to push the price higher or if short-term corrections will slow its momentum.