POKT (Pocket Network) rose 19.05% in the last 24 hours.

GateNewsBot
POKT-6,7%

Gate News Bot news, July 24, according to CoinMarketCap data, as of the time of writing, POKT (Pocket Network) is currently at 0.05 USD, with a rise of 19.05% in the last 24 hours, reaching a high of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 103 million USD, an increase of 16.5 million USD compared to yesterday.

Pocket Network is a decentralized data access infrastructure network designed to provide high-performance, self-healing public data access services. The network consists of over 10,000 nodes, supporting data access for global AI and Web3 projects, having processed nearly 1 trillion requests to date. Pocket Network is committed to addressing the increasing demand for data infrastructure, providing reliable data circulation foundations for applications, enterprises, and communities.

Important news about POKT recently:

1️⃣ Added three new gateway providers to expand data access coverage Pocket Network recently welcomed three new gateway providers, which will significantly expand its open data access coverage, bringing more convenient data services to millions of end users. This move helps improve the network’s availability and performance, attracting more developers and projects to use Pocket Network’s infrastructure.

2️⃣ Become the main provider of Fuse DeFi blockchain Pocket Network has become a key infrastructure provider for Fuse’s decentralized finance (DeFi) blockchain. This strategic partnership will provide reliable data access services for the Fuse ecosystem, while also bringing new application scenarios and user groups to POKT, which is expected to drive the rise in its network usage and token demand.

3️⃣ The demand for Web3 infrastructure continues to rise With the rapid development of Web3 and artificial intelligence applications, the demand for decentralized data infrastructure is constantly rising. Pocket Network, as one of the leading projects in this field, shows a significant rise in both network scale and the number of requests processed, reflecting the strong demand for its services in the market.

From a technical perspective, POKT has broken through previous resistance levels and is showing a strong upward trend in the short term. However, investors still need to closely monitor the overall cryptocurrency market trends and the subsequent development of the project to assess its long-term investment value.

This message does not constitute investment advice, and investors should be aware of market volatility risks.

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