Phala Network
Market Open
15 Jun, 00:56
$
0. 036400
+0.00014
+0.3861%
$
5,959 Volume
$ 0.03626
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PHAUSD Overview
PHAUSD denotes the price of Phala Network’s native token, PHA, quoted in US dollars. It reflects the dollar value required to buy or sell one PHA at a given moment and is commonly used to track the token’s market valuation.
Phala Network is a blockchain-based project focused on privacy-preserving cloud computing and secure off-chain computation. Introduced by the Phala Network team and early contributors around 2019–2020, the protocol is designed to interoperate with broader ecosystems and emphasizes decentralized execution and data confidentiality. PHA serves as the platform’s utility and governance token and is integral to network operations such as staking and service payments.
The PHAUSD rate is formed by supply and demand on spot markets across exchanges and liquidity pools. Market sentiment, on-chain activity, protocol upgrades, and partnerships influence buying and selling pressure, while macroeconomic conditions, regulatory developments, and broader crypto market moves can shift price dynamics quickly.
PHAUSD matters to traders and investors as a measure of exposure to privacy-focused blockchain infrastructure. Market participants use the quote for portfolio valuation, speculative trading, hedging, and assessing on-chain adoption through activity metrics tied to the token.
Like most digital-asset pairs, PHAUSD can exhibit significant volatility and liquidity varies by venue; prudent risk management and venue selection are important when trading.
Phala Network is a blockchain-based project focused on privacy-preserving cloud computing and secure off-chain computation. Introduced by the Phala Network team and early contributors around 2019–2020, the protocol is designed to interoperate with broader ecosystems and emphasizes decentralized execution and data confidentiality. PHA serves as the platform’s utility and governance token and is integral to network operations such as staking and service payments.
The PHAUSD rate is formed by supply and demand on spot markets across exchanges and liquidity pools. Market sentiment, on-chain activity, protocol upgrades, and partnerships influence buying and selling pressure, while macroeconomic conditions, regulatory developments, and broader crypto market moves can shift price dynamics quickly.
PHAUSD matters to traders and investors as a measure of exposure to privacy-focused blockchain infrastructure. Market participants use the quote for portfolio valuation, speculative trading, hedging, and assessing on-chain adoption through activity metrics tied to the token.
Like most digital-asset pairs, PHAUSD can exhibit significant volatility and liquidity varies by venue; prudent risk management and venue selection are important when trading.
PHAUSD Chart
PHAUSD FAQ
What is the current Phala Network price?
The current price is $0.036400, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.00014 (+0.3861%), showing how much the asset has moved compared to the previous close.
What is the previous close for Phala Network?
The previous close was $0.036260, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+0.3861%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.036400) and highest ($0.036670) prices traded during the selected period, helping assess volatility.
Why is Phala Network (PHA) moving today?
Price movements in Phala Network are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.036400) is above the previous close ($0.036260), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Phala Network?
You can view real-time charts, price updates, and market data for Phala Network (PHA) directly on this page.
