Binance
Markets
Trade
Square
More
Phala Network Price

Phala Network Price (PHA)

Contract Address: 0x6c5b...d52f4E
$0.0225363
Page last updated: 7/23/26, 6:20 AM (UTC)

Phala Network Market Stats

Popularity
#731
Market Cap
$18.9M
Volume (24hours)
$7.6M
Circulation Supply
840.5M
Total Maximum Supply
--
Fully Diluted Market Cap
$22.5M
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 0.0225363
Buy PHA
Binance has the lowest transaction fee rate amongst all major trading platforms.
Binance
0.1%
Kraken
0.26%
Coinbase
1.99%

Price of Phala Network Today

The live price of Phala Network is $0.0225363 per (PHA / USD) with a current market cap of $18.9M USD. 24-hour trading volume is $7.6M USD. PHA to USD price is updated in real-time. Phala Network is +0.39% in the last 24 hours with a circulating supply of 840.5M.

Phala Network Price History

24H
7D
1M
3M
1Y

All Time High

$1.41

Current

$0.0225363

24H High

$0.0232287

24H Low

$0.0221552

24H Change

+0.39%

Crypto Market Sentiments

Fear & Greed Index

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
Trade on Binance

Why Is Phala Network (PHA) Up Today?

Phala Network (PHA)'s price rose by 0.39% in the past 24h, potentially influenced by improving market sentiment and increased trading activity.
Recent market data suggests growing buying interest, which may indicate traders entering new positions or responding to recent market momentum.
In addition, broader market trends and positive sentiment across digital assets may be contributing to short-term price strength, supporting gains in Phala Network (PHA) along with the wider crypto market.

Crypto Time Machine

Compare crypto returns versus Gold and Silver
What if I invested
USD
Back in
Select Coin
VS

Ready to buy? Trade faster, anytime on the app

Track Phala Network price movements, explore market trends, crypto news and never miss an update. Download the Binance app to trade and track on the go.
4.6 / 5
91K Reviews
Download on the App Store
4.6 / 5
4M+ Reviews
Get it on Google Play

Why Use Binance to Track Phala Network Price?

Real-time Phala Network market data

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

Trade from the Largest Crypto Selection, Anytime

Explore hundreds of cryptocurrencies and markets on Binance, whether you're actively trading or monitoring market trends.

Trusted by 300M+ Users Worldwide

Our multi-tier and multi-cluster system architecture, along with the SAFU (Secure Assets Fund for Users), helps safeguard user accounts and funds.

24/7 Customer Support

Customer support is available around the clock in multiple languages to assist users whenever needed.

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 digital 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 $0.02. Top cryptocurrency 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

Binance Kazakhstan is authorized by the financial regulator of the AIFC, Astana Financial Services Authority (“AFSA”), to conduct the activities of Operating Digital Asset Trading Facility, Providing Custody and Dealing in Investments as Principal.Status of the license and its validity may be verified at the AFSA website (www.afsa.kz).
Risk warning: Digital 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 Kazakhstan Kazakhstan is not liable for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance Kazakhstan's control. Binance Kazakhstan is not responsible for the reliability and accuracy of such third-party sites and their contents.
Reminder:
Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the digital asset before opting to trade.