Gate News Bot Update, February 27 — According to CoinMarketCap data, at press time, POWER (Power Protocol) is trading at $1.88, up 70.03% in the past 24 hours. The highest price reached $2.56, while the lowest dropped to $0.35. 24-hour trading volume is $59.5 million. The current market cap is approximately $395 million, an increase of $163 million from yesterday.
Recent Key News on POWER:
1️⃣ Institutional Capital Continues to Pour In, Boost Market Momentum
Bitkraft, a well-known crypto investment firm, injected $3 million into Power Protocol, demonstrating traditional venture capital’s recognition of the project. The influx of institutional capital often drives risk appetite higher, encouraging retail investors to follow suit, which is a major support for this rally. Public disclosures of funding scale and investor backgrounds typically trigger market FOMO.
2️⃣ AI Infrastructure Narrative Drives Valuation Reassessment
Power Protocol’s central role in Bitcoin mining and AI computing infrastructure has attracted market attention. Analysts like Bernstein have pointed out that Bitcoin miners and AI infrastructure operators are key players competing for electricity resources. As a representative of energy-enabled protocols, Power Protocol benefits directly from the surge in electricity demand driven by AI computing expansion. This long-term narrative’s market pricing has contributed to the rapid rise.
3️⃣ Strategic Value Under Energy Cost Pressures
Bitcoin miners face rising electricity costs during winter, increasing the urgency to optimize energy sourcing and cost management. Power Protocol offers solutions through its protocol mechanisms for energy-intensive industries, making it scarce during the expansion of mining and cloud infrastructure. Under energy cost constraints, the demand for protocol-based solutions increases, boosting the asset’s functional premium.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Expands Cross-Chain Access as Avalanche’s AVAX Launches
Solana expanded cross-chain access after AVAX went live through Sunrise, bringing Avalanche’s native token into its ecosystem.
The AVAX launch on Solana adds a new route for trading, transfers, and broader asset access across blockchain networks.
Solana has opened up cross-chain access on it
CryptoNewsFlash36m ago
March 13 Crypto ETF Flow Report: Bitcoin and Ethereum See Positive Inflows
Gate News bot message, According to the March 13 update, Bitcoin ETFs recorded a 1-day net inflow of +570 BTC (+$41.87M) and a 7-day net inflow of +2,589 BTC (+$190.04M). Ethereum ETFs showed a 1-day net inflow of +44,240 ETH (+$96.71M) and a 7-day net inflow of +1,540 ETH (+$3.37M). Solana ETFs reg
GateNews1h ago
Robinhood's crypto trading volume reached $25 billion in February, up 74% year-over-year
Robinhood's February operating report shows that cryptocurrency trading volume reached $25 billion, a year-over-year increase of 74%. Among this, Robinhood App's crypto trading volume was $9.4 billion, while Bitstamp accounted for $15.6 billion. In comparison, traditional finance trading volume declined, with stock trading volume down 14% quarter-over-quarter.
GateNews1h ago
Binance Founder CZ Dismisses $110B Net Worth Estimate in Forbes Ranking
Binance founder Changpeng ‘CZ’ Zhao has dismissed the Forbes Billionaires List, which put his net worth at $110 billion, pointing to a steep drop in crypto prices.
Forbes ranked CZ higher than Michael Bloomberg, Microsoft founder Bill Gates and India’s richest man, Mukesh Ambani.
Binance fou
CryptoNewsFlash1h ago
Kraken Announces Upcoming Listing of Pi Network Token Ahead of Pi Day 2026 and Key Upgrades
Kraken plans to list PI as Pi Network advances recent protocol upgrades and moves closer to its March 12 upgrade deadline.
PI is already listed on OKX, Bitget, HTX, and BitMart, while token unlocks beginning March 12 could increase near-term supply.
Kraken has moved toward listing Pi Network
CryptoNewsFlash2h ago
US crypto stocks mostly rose, MARA up 8.5%, CIFR up 7.7%
Gate News report: On March 13, most cryptocurrency stocks rose at the US market opening. Over the past 24 hours, MARA rose 8.5%, CIFR rose 7.7%, CRCL rose 5%, MSTR rose 3.9%, COIN rose 2.1%; BTGO fell 1.8%, GEMI fell 0.6%.
GateNews2h ago
