IKA (Ika) 24-hour increase of 16.82%

Gate News Bot message, December 17th, according to CoinMarketCap data, as of press time, IKA (Ika) is currently priced at $0.00781008, up 16.82% in the past 24 hours, with a high of $0.00983604 and a low of $0.00499861. The 24-hour trading volume reached $25.9 million. The current market capitalization is approximately $23.4 million, an increase of $3.37 million from yesterday.

Ika is the first sub-second multi-party computation (MPC) network, offering unparalleled scalability capable of processing 10,000 signatures per second and supporting hundreds of signature nodes. Using a zero-trust, non-colluding architecture, Ika sets a new standard for speed and security in interconnected Web3.

Ika features the following core attributes: ultra-high throughput, with transaction processing speeds 10,000 times faster than existing MPC solutions; minimal latency, operating at sub-second speeds compared to traditional networks that may exceed 30 seconds, enabling real-time cross-chain applications; extreme scalability, surpassing the traditional 4-8 node limit, supporting hundreds or even thousands of nodes without performance degradation; zero-trust security architecture, ensuring user assets remain safe even in worst-case scenarios.

Built on the Sui blockchain, Ika can scale to 10,000 signatures per second, supporting hundreds of nodes for sub-second signing with a zero-trust architecture. Through Ika’s ultra-fast MPC network, seamless and secure cross-chain functionality is achievable, supporting DeFi, decentralized custody, programmable Bitcoin, and other application scenarios, unlocking over $2 trillion in assets within the Sui ecosystem. Use cases include chain abstraction, wallets, DeFi, Bitcoin, AI, and cross-network staking.

Important recent news about IKA:

A review of relevant information from the past seven days shows no specific driving events directly related to the IKA token. The current 24-hour price increase may be influenced by the following factors:

Technical performance
As a key infrastructure project within the Sui ecosystem, IKA’s sub-second MPC network architecture provides a differentiated solution for cross-chain applications. The significant increase in trading volume (24-hour volume of $25.9 million) indicates growing market recognition of the project’s technological value. Price fluctuations between high and low points ($0.00499861 - $0.00983604) reflect active trading sentiment among investors.

Ecosystem application prospects
Ika supports diverse scenarios such as DeFi, Bitcoin applications, and AI, unlocking the potential of over $20 trillion in assets within the Sui ecosystem, laying a solid foundation for long-term development. Its zero-trust architecture and ultra-high throughput technological advantages make it competitive in the Web3 cross-chain field.

This message is not investment advice; please be aware of market volatility risks.