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Phala Network

Phala Network

PHA#638
$0.024438-4.38%
$0.024179
$0.0267824h Range
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1h24h7d30d1y
+0.79%-4.38%+11.05%+11.94%-82.81%

About Phala Network

Phala Network (PHA) is a cryptocurrency . Phala Network has a current supply of 1,000,000,000 with 840,496,260.49281917 in circulation. The last known price of Phala Network is 0.02516184 USD and is down -0.91 over the last 24 hours. It is currently trading on 199 active market(s) with $15,444,640.94 traded over the last 24 hours. More information can be found at https://phala.network/.

Phala Network Markets

ExchangePairPriceVolume (24h)Trust
BloFinPHA/USDT$0.025695$2.43Myellow
WhiteBITPHA/USDT$0.025488$1.8Mgreen
LBankPHA/USDT$0.025605$1.61Mgreen
BinancePHA/USDT$0.025495$1.16Mgreen
HotcoinPHA/USDT$0.025595$732.92Kyellow
GroveXPHA/USDT$0.025485$676.99Kgreen
HTXPHA/USDT$0.025544$650.02Kyellow
BTCCPHA/USDT$0.025495$581.54Kred
CoinWPHA/USDT$0.025505$488.03Kgreen
BinancePHA/USDC$0.025595$479.8Kgreen
Biconomy.comPHA/USDT$0.025545$425.44Kgreen
BitvavoPHA/EUR$0.025598$332.99Kgreen
PionexPHA/USDT$0.025595$221.39Kgreen
BinancePHA/TRY$0.025402$211.74Kgreen
ToobitPHA/USDT$0.025595$183.51Kgreen
MEXCPHA/USDT$0.025595$110.56Kgreen
OurbitPHA/USDT$0.025555$109.2Kgreen
KCEXPHA/USDT$0.025595$103.32Kyellow
GatePHA/USDT$0.025565$96.22Kgreen
BitunixPHA/USDT$0.025595$92.69Kgreen

Phala Network Price History

Phala Network (PHA) reached its all-time high of $1.39 on May 14, 2021, and trades 98.2% below that peak today. Its all-time low was $0.019215 on August 3, 2026, and the price has since risen 27% from that low.

YearOpenHighLowCloseChange
2026(YTD)$0.035603$0.059734$0.01924$0.024438-31.36%
2025$0.3593$0.4127$0.033018$0.035765-90.05%
2024$0.1185$0.4983$0.092$0.3919+230.72%
2023$0.1067$0.2109$0.0811$0.1173+9.93%
2022$0.4351$0.4351$0.0743$0.1074-75.32%
2021$0.1238$1.308$0.104$0.4231+241.76%
2020$0.1321$0.1884$0.0786$0.09811-25.73%

Analysis

No analysis available for Phala Network yet.

Phala Network News

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Phala Network FAQ

What is Phala Network (PHA)?

Phala Network (PHA) is a privacy-preserving cloud computing platform built on Polkadot. It enables confidential smart contracts using Trusted Execution Environments (TEEs), allowing data to be processed without being exposed to the public. The network aims to provide a secure and scalable infrastructure for decentralized applications that require data privacy.

How does Phala Network work?

Phala Network uses Trusted Execution Environments (TEEs) to isolate and process data securely. It operates as a layer-1 blockchain on Polkadot, with off-chain computation nodes called 'Phala workers' that run confidential contracts. The network uses a consensus mechanism based on proof-of-stake and TEE attestation to ensure integrity and security.

What is the PHA token used for?

The PHA token is the native utility token of Phala Network. It is used for paying transaction fees, staking to secure the network, and rewarding workers who provide computational resources. Additionally, PHA is used for governance, allowing holders to vote on network upgrades and proposals.

How does Phala Network differ from other smart contract platforms?

Unlike traditional smart contract platforms like Ethereum, Phala Network focuses on privacy and confidentiality. It uses TEEs to keep data encrypted during computation, which is not possible on public blockchains. This makes it suitable for applications that require data privacy, such as financial services, identity management, and AI. It also integrates with the Polkadot ecosystem, enabling cross-chain interoperability.

What is the current price of Phala Network?

Phala Network is currently priced at $0.02444, down 4.38% in the last 24 hours. It is ranked #638 by market capitalization. Over the past 7 days, PHA is up 11.05%.

What is Phala Network's market cap?

Phala Network has a market capitalization of $20.54M. The 24-hour trading volume is $15.06M, reflecting the total value of PHA traded across all exchanges in the last day.

How many Phala Network coins are in circulation?

There are currently 840.50M PHA in circulation. The total supply is 1.00B PHA.