ROSE (Oasis) is up 11.96% in 24 hours

Gate News Bot news, on January 30, according to CoinMarketCap market, as of press time, ROSE (Oasis) is now trading at $0.02, up 11.96% in 24 hours, reaching a high of $0.02 and a low of $0.02, with a current market value of about $163 million, an increase of $1.74 million from yesterday.

Oasis is a Web3 and AI privacy computing platform that offers Smart Privacy (customizable cross-chain privacy solutions), high throughput, and low gas fees. Core products include Oasis Sapphire (the first confidential EVM virtual machine to go into production), Oasis ROFL (provides verifiable off-chain computation and on-chain trust guarantees), and Oasis Privacy Layer (provides plug-and-play privacy capabilities for any EVM network). The platform supports multiple application scenarios such as DeFi, smart contracts, games and NFTs, DAO governance, and AI agents, and adopts a modular architecture design with a high degree of interoperability.

ROSE Recent Important News:

1️⃣ The fundamentals of the privacy computing track continue to improve, driving valuation improvements As a privacy computing and blockchain infrastructure platform, Oasis Network has shown solid traction in the crypto market’s recovery cycle. From an increase of 18.61% on January 26, a 21.94% increase on January 28 to an increase of 11.96% on January 30, although the short-term rally has subsided, the market value has continued to grow from $146 million to $163 million, with a cumulative increase of $17 million. This reflects a steady increase in investors’ recognition of the long-term value of Oasis in multiple application scenarios such as AI agents, decentralized finance, and account abstraction.

2️⃣ The improvement of the liquidity environment and trading volume support price stability In the past week, ROSE has remained volatile in the range of $0.01566-0.02249, with a 24-hour trading volume stable at the 10 million level. The relative improvement of liquidity provides sufficient volume support for market participants, allowing the price discovery mechanism to operate more effectively in a low liquidity environment, which is conducive to the stable evolution of prices and the maintenance of investor confidence.

3️⃣ The recovery of the market risk appetite cycle has led to the continuous attention of funds In the ten-day cycle from January 20 to January 30, ROSE’s market capitalization has increased by more than $21 million, reflecting that market risk appetite is in a continuous recovery stage. Although the recent single-day gains have fallen compared with the previous period, the price center of gravity continues to move upward, reflecting that the market’s optimistic expectations for the medium-term outlook are still guiding capital inflows, and the market heat shows no obvious signs of recession.

This news is not intended as investment advice, and investment should be aware of the risk of market fluctuations.