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

ENSO-3,79%

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

OneKey Founder: Pay attention to the short squeeze crowding around 75,000; an options short squeeze may occur in March.

Odaily Planet Daily reports that OneKey founder Yishi posted on the X platform: "Pay attention to the short OI (short open interest) congestion around 75k. Once a crowded short (concentrated short positions) + market makers' passive delta buying create a positive feedback loop, March is highly likely to see a classic gamma squeeze."

GateNews2m ago

CryptoQuant: Bitcoin's 7% rise driven by institutions, with an 18% surge in leverage amplifying volatility risk

Recently, Bitcoin prices have risen from $68,000 to $73,500, driven by strong institutional demand. Coinbase premium spreads and ETF capital inflows both indicate robust institutional buying, with long-term holders net buying reaching $14 billion. However, new leveraged positions have increased to $3.55 billion, and if spot buying weakens, it could trigger liquidation risks.

MarketWhisper12m ago

Data: The crypto market generally rebounds, with the RWA sector rising over 7%, and BTC breaking through $74,000 during trading.

According to SoSoValue data, the crypto market generally rose, with Bitcoin reaching $72,000 and Ethereum surpassing $2,100. All sectors performed strongly, especially the RWA sector, which increased by 7.26%, with MANTRA gaining a 39.03% boost. Other sectors also rose, and the overall market outlook is positive.

GateNews33m ago

"Follow the crowd if you want to make a mistake": K33 says Bitcoin is oversold and shouldn't be sold yet.

Bitcoin has fallen into one of the most oversold zones on the weekly chart in history after months of sustained selling pressure, according to the latest report from research and brokerage firm K33. "To make a mistake, follow the crowd," said Vetle Lunde, Head of Research, in the report, pointing out the sentiment.

TapChiBitcoin44m ago

Why did Bitcoin rise today? Iran signals negotiations, Trump announces maritime energy trade insurance

Bitcoin broke through $72,000 on March 5, driven by three major macro factors: diplomatic contact between Iran and the US CIA, Federal Reserve officials supporting interest rate cuts, and US escorting oil tankers promising to reduce energy supply risks. Strong economic data further supported market risk sentiment.

MarketWhisper1h ago

Today, the Fear & Greed Index rose to 22, indicating the market is in a "Extreme Fear" state.

Foresight News reports that, according to Alternative.me data, the cryptocurrency fear and greed index rose to 22 today (yesterday the index was 10 "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.

GateNews1h 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)