Phala Network
$0.0247
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
- Cryptocurrency
- Phala Network (PHA)
- Sector
- Infrastructure
- Market Cap Rank
- #808
- Current Price
- $0.0247
- Market Capitalization
- $20.75M
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$20.75M
Volume
$6.34M
Circulating Supply
840.50M
16.0% not yet in circulation
Total Supply
1.00B
Max: 1.00B
What is Phala Network?
Phala Network (PHA) is a blockchain infrastructure project that provides essential tools and services for the broader crypto ecosystem. It is currently ranked #808 by market capitalization, trading at $0.0247 with a total market cap of $20.75M.
How does Phala Network work?
Phala Network is a decentralized confidential computing platform that provides privacy-preserving infrastructure for AI and blockchain applications using Trusted Execution Environments (TEE). Founded in 2018 by Marvin Tong (ex-Tencent) and Hang Yin (ex-Google, Bitcoin Gold founder), the project completed its migration from a Polkadot parachain to a dedicated Ethereum Layer 2 in November 2025, becoming the first OP Succinct rollup. The network supports NVIDIA H100/H200 GPUs with hardware-level...
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Entry #1830 · published Mar 28, 2026 · commit e41f70a
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Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.