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ROSE (Oasis) increased by 27.67% in the past 24 hours.
Gate News Bot Report: As of November 7th, according to CoinMarketCap data, ROSE (Oasis) is currently trading at $0.02, up 27.67% in the past 24 hours. The price reached a high of $0.02 and dipped to a low of $0.01. Its current market capitalization is approximately $167 million, an increase of $36.2 million from yesterday.
Oasis is an intelligent blockchain platform focused on Web3 and AI privacy. It offers customizable cross-chain privacy solutions supporting 100% private, fully public, or any level in between. The Oasis network features a modular architecture with high throughput, low gas fees, and strong security. Its Sapphire platform is the first and only confidential EVM, providing developers with a familiar environment to deploy encrypted smart contracts. Additionally, the Oasis Privacy Layer (OPL) allows existing dApps on any EVM network to add configurable privacy protections.
Recent key news about ROSE:
1️⃣ Oasis Network Launches New Privacy Features
The Oasis network recently announced the rollout of new privacy protection features, further strengthening its competitiveness in Web3 and AI privacy. This upgrade will enable developers to implement privacy more flexibly in their applications, potentially attracting more privacy-sensitive projects to the Oasis ecosystem.
2️⃣ Partnerships with Major DeFi Protocols
The Oasis Foundation revealed strategic collaborations with several well-known DeFi protocols, which will deploy their applications on the Oasis network. This move is expected to significantly boost ecosystem liquidity and user activity, creating more real-world use cases for the ROSE token.
3️⃣ Institutional Investors Increasing ROSE Holdings
Multiple crypto investment firms have recently increased their holdings of ROSE, indicating strong confidence in Oasis’s long-term prospects. This influx of institutional capital may be a key factor driving the recent price rally.
From a technical perspective, ROSE has broken out of its previous consolidation range, showing a strong upward trend. However, investors should remain vigilant about the overall crypto market trends and Oasis’s ongoing technological and ecosystem development.
Please note: This information is not investment advice. Market volatility risks should be carefully considered.