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Phala Network Price

Phala Network Price (PHA)

Contract Address: 0x6c5b...d52f4E
$0.0631788-13.81% in the past 24 hrs
Page last updated: 10/7/26, 6:08 PM (UTC)

Phala Network Market Stats

Popularity
#370
Market Cap
$54.2M
Volume (24hours)
$22.7M
Circulation Supply
857.6M
Total Maximum Supply
--
Fully Diluted Market Cap
$63.2M
Issue Date
Sep 11, 2020
Audits
CertiK
Phala Network Resources
Official Phala Network Website
You Buy
Phala Network Price
PHA
You Spend
Rate
1 PHA ≈ USD 0.0631788
Buy PHA
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Binance
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Kraken
0.26%
Coinbase
1.99%

Price of Phala Network Today

The live price of Phala Network is $0.0631788 per (PHA / USD) with a current market cap of $54.2M USD. 24-hour trading volume is $22.7M USD. PHA to USD price is updated in real-time. Phala Network is -13.81% in the last 24 hours with a circulating supply of 857.6M.

Phala Network Price History

24H
7D
1M
3M
1Y

All Time High

$1.41

Current

$0.0631788

24H High

$0.0735035

24H Low

$0.0618785

24H Change

-13.81%

Crypto Market Sentiments

Fear & Greed Index

60
Greed
Extreme Fear
Fear
Greed
Extreme Greed

How do you feel about Phala Network today?

0%
0%
Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 PHA worth $0
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Why Is Phala Network (PHA) Down Today?

Phala Network (PHA)'s price declined by 13.81% over the past 24h, possibly reflecting reduced trading activity and broader market caution affecting crypto assets.
Recent market activity suggests moderating buying momentum, which may reflect short-term adjustments in trading activity following recent price movements.
At the same time, broader trends across the crypto market may be contributing to normal price fluctuations, influencing Phala Network (PHA)'s performance alongside other Crypto asset.

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What Can You Do With Phala Network (PHA)?

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Why Use Binance to Track Phala Network Price?

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Track live PHA price movements, market cap, trading volume, and other key metrics to stay informed about Phala Network market activity.

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Why KYC Verification is Important for Buying and Selling Phala Network

KYC (Know Your Customer) verification is required to buy, sell, and trade Phala Network securely on Binance. KYC standards are required to protect your account against fraud, corruption, money laundering, and terrorist financing. Binance requires users to complete Identity Verification to increase their account security. Learn more about how to verify your account on Binance.

People Also Ask: Other Questions About Phala Network

How is the price of Phala Network (PHA) calculated on Binance?

The price of Phala Network (PHA) on Binance is based on live market data from active trading pairs involving Phala Network. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as PHA/USDT, PHA/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of Phala Network.

Why does the price of Phala Network (PHA) change?

The price of Phala Network (PHA) goes up and down because it is traded in an open market where buyers and sellers constantly place orders at different prices. If demand for Phala Network increases, the price may rise. If selling pressure increases, the price may fall. Broader crypto market trends, news, liquidity, investor sentiment, macroeconomic conditions, and token-specific developments can also influence price movements.

What factors affect the price of Phala Network (PHA)?

The price of Phala Network (PHA) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values Phala Network over time.

Why does the price of Phala Network (PHA) differ across crypto exchanges?

The price of Phala Network (PHA) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of Phala Network (PHA), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of Phala Network by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

How does circulating supply affect the price of Phala Network (PHA)?

Circulating supply refers to the number of Phala Network tokens currently available in the market. If demand stays the same but circulating supply increases, it may put pressure on price. If demand grows faster than supply, prices may rise. For some cryptocurrencies, maximum supply, token unlocks, emissions, burns, or staking mechanisms can also affect market expectations.

Can I set price alerts for Phala Network (PHA) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the Phala Network price page and get notified when the target is reached.

Is Phala Network (PHA) a better investment than gold or silver?

Phala Network (PHA), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while Phala Network is a crypto asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What Is the Current Price of Phala Network (PHA)?

The current price of Phala Network (PHA) is $0.06. Top crypto asset prices are updated in real-time on Binance’s price directory.

What Is Phala Network (PHA)?

Phala Network serves as a specialized coprocessor for blockchains, enabling developers to deploy Phat Contracts - powerful off-chain programs that enhance decentralized applications (dApps). These contracts offer expanded functionalities like internet connectivity and heavy computation, effectively overcoming the limitations of web3 platforms.

How Many PHA Coins Are There in Circulation?

There is a maximum supply of 1 billion PHA. The circulating supply of PHA is dynamic and stands at 672,007,691 PHA tokens currently.

Who Is The Founder of Phala Network?

One of the founders of Phala Network is Marvin Tong, who is the CEO of Hash Forest Technologies. Hang Yin, the CTO of Hash Forest Technologies is the co-founder of Phala Network. Yin was also the founder and lead developer of Bitcoin Gold and served as a senior developer at Google.

What is PHA Token Used For?

PHA is the utility token of the Phala Network. It is used for:

  • Trusted Computing: Users spend PHA to utilize TEE resources for off-chain computations, enabling secure deployment of Phat Contracts across various blockchains.

  • Security: Gatekeepers, responsible for ensuring network integrity, must stake PHA, risking its loss for misconduct.

  • Governance: PHA holders with sufficient tokens can join the Phala DAO and actively participate in shaping the network's future through voting.

How To Buy Phala Network (PHA)?

Phala Network (PHA) can be purchased directly from Binance by using a debit or credit card. Phala Network (PHA) can also be traded for other cryptocurrencies on Binance. Live Phala Network price is updated real-time on Binance. Additionally, PHA crypto price and purchase information is available for users to read on our How to Buy Phala Network (PHA) Guide.

About Phala Network (PHA)

Phala Network is a coprocessor for blockchains. Developers deploy Phat Contracts, an off-chain program for coprocessors, enhancing dApps with connectivity, internet access, and heavy computation, overcoming web3 constraints.

Phala Network has one of the largest Trusted Execution Environments (TEE) on Intel Software Guard Extensions (SGX) hardware, which means that any code/data on Phala Network is protected from unauthorized access by users. Phala addresses developer concerns with expanded developer language support such as JavaScript and more, and ready-to-deploy Templates for seamless Phat Contract integration, streamlining the experience for web3 developers. Phala products include Phat Contract, SubBridge, inDEX and PhalaWorld.

PHA is the native token of the Phala Network and can be used for Trusted Computing where users spend PHA to utilize TEE resources for off-chain computations, enabling secure deployment of Phat Contracts across various blockchains. PHA holders with sufficient tokens can join the Phala DAO and actively participate in shaping the network's future through voting.

The live price of PHA is available and updated in real time on Binance.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Crypto asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.