Yesterday's analysis mentioned that the triangle consolidation has already shown a breakout direction today, and it is clear that the market trend is upward. After a day of movement, the price of FHE has reached above 80.9% of the upward phase, with an intraday high of around 0.1079.
From the candlestick chart perspective, the hourly level bottom of FHE is continuously rising. Currently, the market will continue to maintain a bullish trend, and Binance may continue to list it in the spot market. Therefore, the current price of FHE cannot yet be considered a high point.
Why FHE may be listed in the spot market on Binance
From the end of 2024 to 2025, Binance has promoted several narratives: AI, ZK, RWA, DePIN, and now FHE is gradually becoming a new hotspot in the privacy computing track.
For example, Fhenix, Mind Network, and Zama have all received investments from major institutions like Sequoia and a16z, and Binance Labs may be focusing on one of them.
Mind Network has participated in Binance MVB. Mind Network is one of the incubation projects supported by Binance Labs (MVB V) that meets the listing standards of 'project ecosystem + original technology + big narrative'. The project currently focuses on FHE data lakes, AI privacy protection, and DePIN privacy networks, aligning with Binance's multi-sector synergy style.
It is estimated that FHE's spot trading will be listed on the Binance exchange next month.