Overview of Phala Network (PHA)
Circulating Supply
- Total Supply: 801,214,146 PHA (80.12% of max 1,000,000,000 PHA)
- Audited By: CertiK (Last Audit: July 17, 2021)
Price Performance
- All-Time High: $1.4560 (-93.47% from ATH, last updated February 25, 2021)
- All-Time Low: $0.070000 (+35.88% from ATL, last updated October 13, 2022)
- Current Price: $0.095120 (-0.56% today)
👉 Track PHA’s real-time price movements
Key Features of Phala Network
- Web3.0 Shared Cloud Platform: Solves trust issues in computational clouds using Secure Enclave technology.
- Confidential Computing: Ensures data privacy while enabling large-scale cloud processing.
- Decentralized Nodes: Offers edge-cloud services globally, unlike traditional centralized data centers.
Core Use Cases
- Trustless Computation: Ideal for AI inference verification (e.g., TEE-encrypted AI workflows).
- Partnerships: Default TEE provider for @Mira_Network, supporting verifiable LLMs.
Market Data & Analysis
- Market Cap Rank: #191
- Market Cap: $76.38M
- Max Supply: 1B PHA
FAQ
1. What is Phala Network’s unique value proposition?
Phala leverages Trusted Execution Environments (TEEs) to merge blockchain security with off-chain computation, enabling privacy-preserving cloud services.
2. How does PHA’s current price compare to its ATH?
PHA is currently 93.47% below its ATH of $1.4560, presenting potential long-term accumulation opportunities.
3. What are Phala’s major partnerships?
Collaborations include @AutomataNetwork for TEE Wiki and @Mira_Network for AI model validation.
4. Where can I learn more about Phala’s technology?
Read the whitepaper or explore the blockchain explorer.