ENSO (Enso) increased by 19.08% in the last 24 hours

GateNewsBot
ENSO-33,15%

Gate News Bot Message, February 04th, according to CoinMarketCap data, as of press time, ENSO (Enso) is currently priced at $1.36, up 19.08% in the past 24 hours, with a high of $1.86 and a low of $1.09. The 24-hour trading volume reached $114 million. The current market capitalization is approximately $27.9 million, an increase of $4.47 million from yesterday.

Enso is an on-chain application rapid development and deployment platform. The network maps each on-chain interaction to a shared engine, providing developers with tools like Actions and Shortcuts, eliminating the need for manual blockchain and smart contract integration. The platform has attracted over 100 applications, supports more than 250 protocols, and has over 1,900 developers building on it. Enso Network’s architecture, composed of Graphers and Validators, offers optimal execution solutions for any intent. To date, more than 95 well-known projects such as CoW Swap, Royco, Velvet, and Glider.fi have adopted Enso to build their products.

Additional Analysis Paragraph

Recent Important News about ENSO:

1️⃣ Mainnet Activation Drives Ecosystem Expansion The successful activation of Enso Network’s mainnet marks a new development phase for the platform, providing more stable and efficient infrastructure support for applications within the ecosystem. This infrastructure upgrade lays the technical foundation for subsequent ecosystem application expansion, helping to improve overall network efficiency and user experience.

2️⃣ Cross-Chain Liquidity Integration Strategy Deployment Enso’s partnership agreements with Stargate and LayerZero demonstrate the platform’s strengthening strategic position in the cross-chain ecosystem. By collaboratively integrating over $3.5 billion in liquidity into ecosystems like Unichain, Enso’s value as an application layer infrastructure is further validated, potentially attracting more developers and capital inflows.

3️⃣ Developer Ecosystem Continues to Grow With over 1,900 developers building on the platform and more than 95 well-known projects adopting it, Enso’s recognition and attractiveness within the developer community are evident. This ecosystem expansion provides long-term fundamental support for the token’s value, indicating that the platform is in a rapid growth stage.

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

View Original
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

Shiba Inu Forms Death Cross as $0.00000590 Support Holds

Shiba Inu experienced a death cross amid rising selling pressure, dropping to $0.00000590 before a slight rebound. Analysts identify resistance at $0.00000733 and $0.00000968, with the token's movement influenced by overall market sentiment and liquidity.

CryptoFrontNews22m ago

XRP Today News: ETF and legislative favorable factors double as catalysts, analysts bullish on $2

On February 25th, XRP price rebounded to $1.4335, an increase of 6.27%, driven by the inflow of U.S. cryptocurrency ETF funds, progress in the Market Structure Bill, and positive NVIDIA earnings reports. Analysts predict that if legislation proceeds smoothly, XRP could surge to $2 in the medium term. Market sentiment remains influenced by multiple factors, including the Bank of Japan's policies and overall market liquidity.

MarketWhisper29m ago

Jane Street's selling pressure disappears? Can Bitcoin continue to rebound?

Bitcoin rises 10% due to market sentiment recovery. Analysts point out that this is related to Jane Street stopping its manipulative activities after being sued. The firm was accused of front-running during the Terra collapse. Although it denies the allegations, the market generally celebrates the end of manipulation. As fear factors diminish, whether Bitcoin can sustain its rebound remains to be seen.

ChainNewsAbmedia29m ago

Pi Network holds at $0.1533, with 32 million tokens unlocked, creating supply pressure

Pi Network (PI) tokens are currently priced above $0.1600. Recently, due to supply pressure, 32.26 million tokens are set to be unlocked in February and 154 million tokens in March, which may increase selling pressure. Technical analysis indicates that $0.1533 is an important support level; if broken, it could face risks, while a rebound could see prices rise to levels like $0.1749. The actions of holders will influence the actual market impact of the unlocks.

MarketWhisper48m ago

BTC (Bitcoin) increased by 3.53% in the last 24 hours

Gate News Bot Message, February 26th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is trading at $68,369.70, up 3.53% in the past 24 hours, with a high of $69,953.53 and a low of $62,553.19. The 24-hour trading volume reached $52.55 billion. The current market capitalization is approximately $1,367.043 billion, an increase of $46.575 billion compared to yesterday. BTC is an innovative payment network and a new form of currency. It operates using peer-to-peer technology without the involvement of central authorities or banks; transaction management and Bitcoin issuance are collectively handled by the entire network. BTC uses open-source design, meaning no one can own or control BTC, and everyone can participate. Through its unique features, BTC supports many functions that previous payment systems could not provide.

GateNewsBot1h ago

Why did Bitcoin rise today? Jane Street sued to end the "10 a.m. sell-off"

Bitcoin rebounded strongly on Wednesday, breaking through $70,000 and ending its decline since October. The market generally associates this rebound with the lawsuit against Jane Street, believing that structural selling pressure may have eased. Major cryptocurrencies all recorded double-digit gains, and market sentiment has significantly improved. Technical analysis shows support at $64,000, and breaking above $71,000 will be a key indicator of the rebound.

MarketWhisper1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)