- #468
Phala PHA
PHA Price
Market Cap
$94.95 MRank #468FDV
$124.10 MRank #536Investors
X Followers
Detailed Performance
PHA shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
PHA to USD Converter
Price History
- All-Time High
- $1.3911.20x to ATH
- All-Time Low
- $0.064591.92x to ATL
- Trade Launch Date
- 12 Sep, 2020
1531 days ago
Fundraising
See more- ICO Price
- $0.0028134
- Funds Raised
- $1.43 M
- Tokens Sold
- 240.00 M PHA
Exchanges
Exchanges type
About PHA
Phala is a decentralized cloud network based on Substrate and operates as a parachain in the Polkadot ecosystem. It provides secure and scalable computing power comparable to existing cloud services. Phala Network aims to bridge the gap between the off-chain world and smart contracts by allowing direct HTTP/HTTPS requests from smart contracts and integrating Web3 protocols and Web2 APIs. Additionally, Phala Network has introduced a novel tokenomics model called Stake-to-Compute, which allows developers to rent computing power from Phala for free by staking their PHA tokens.
What makes Phala unique?
Phala Network distinguishes itself from other cryptocurrencies through its decentralized and innovative approach. It offers utility and stronger security guarantees with its multi-layered security system, including decentralized workers and staked tokens. One unique feature is the Phat Contracts, which extend the capabilities of smart contracts without the need for a bridge or an extra layer. Additionally, Phala Network bridges the gap between the off-chain world and smart contracts, allowing for direct HTTP/HTTPS requests from smart contracts and integration with cutting-edge Web3 protocols and Web2 APIs. This fusion of old and new, on-chain and off-chain, sets Phala Network apart from other cryptocurrencies.
Live Phala Price Data
The current price of Phala (PHA) is approximately $0.1241, reflecting a decrease of -1.34% in the last 24 hours. The PHA trading volume in the last 24 hours stands at $6.18 million. Phala's market cap is currently $94.95 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of PHA is 765.08 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Phala's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PHA, check out our crypto insights page.
Official Links
PHA to USD Converter
Price History
- All-Time High
- $1.3911.20x to ATH
- All-Time Low
- $0.064591.92x to ATL
- Trade Launch Date
- 12 Sep, 2020
1531 days ago
Fundraising
See more- ICO Price
- $0.0028134
- Funds Raised
- $1.43 M
- Tokens Sold
- 240.00 M PHA