Phala Network
PHA2020
$0.0505
-3.07%
24h Volume
$1.24M
24h High
$0.0550
24h Low
$0.0503
24h Change
-3.07%
About
Phala Network is a decentralized computing network that uses trusted execution environments (TEE) to provide privacy-preserving cloud computing services.
Use Cases
Privacy-preserving computation, AI inference
Technology
Trusted Execution Environment (TEE) / Substrate
Categories
Layer 2AIDePIN
Source
Market Sentiment
Sentiment score
5/10
View
Neutral
Key developments
After a strong September rally on confidential AI, PHA pulled back in early October.
Report date: 2026-10-16
This is an analysis output, not investment advice.
+ Strengths
- +Privacy-focused computation
- +Potential AI integration
- +Polkadot ecosystem ties
- Weaknesses
- -Relatively small user base
- -Complex technical positioning
Team
Phala Network Team
Launch
2020
Total Supply
1,000,000,000
Circulating Supply
840,496,260
Max Supply
1,000,000,000
