ACU (Acurast) increased by 52.41% in the past 24 hours

Gate News Bot Message, January 27th. According to CoinMarketCap data, at the time of press, ACU (Acurast) is trading at $0.27, up 52.41% in the past 24 hours, with a high of $0.34 and a low of $0.07. The 24-hour trading volume reached $87 million. The current market capitalization is approximately $59.4 million, an increase of $2.04 million from yesterday.

Acurast is a truly decentralized computing network that provides scalable and secure computing services via smartphones. The network uses smartphones as the hardware foundation, leveraging built-in TEE (Trusted Execution Environment) and HSM (Hardware Security Module), offering stronger security compared to traditional servers.

Main application scenarios of Acurast include: Confidential execution (enterprise data confidentiality for large language models, distributed analysis, and secure database integration), decentralized bandwidth and computing (web crawlers, blockchain indexing, social media monitoring, oracles, and decentralized VPN services), on-chain automation and secure key management (AI-driven CEX/DEX trading strategies, cross-chain asset management, and AI-powered crypto wallets), and high-performance distributed computing (cost-effective computing clusters, elastic website hosting, and scalable zero-knowledge proof generation).

The network operates through a “Staking Computation” mechanism, with 70% of inflation allocated to staking rewards. This design allows users to access network computing power via smartphones without purchasing tokens or through gatekeepers, and also enables users without hardware to earn rewards by delegating stake to compute providers.

Important recent news about ACU:

1️⃣ Market activity driven by improved trading ecosystem functions
Gate has launched ACU perpetual contracts, Gate Perp DEX, unified account lending, isolated margin trading pairs, and other derivative features supporting 1-20x leverage trading. Additionally, diversified trading tools such as trading bots, copy trading, and dollar-cost averaging have been introduced. The complete trading ecosystem offers various participation options for investors with different risk preferences, significantly enhancing market liquidity and trading activity. The layered development of these features correlates positively with the recent strong performance of the token.

2️⃣ Launch of the Flash Swap platform reduces entry and exit costs, expanding user base
ACU went live on the Gate Flash Swap platform on January 20th, allowing users to exchange over 2,200 cryptocurrencies with a single click, without paying trading fees. The launch of the flash swap feature significantly lowers the costs and operational complexity for users entering and exiting ACU, greatly improving asset accessibility and liquidity, which is conducive to attracting a broader range of investors.

3️⃣ Tiered launch of wealth management products enhances user retention
Gate has successively launched ACU residual coin wealth management products (with an annualized return of up to 10.3% and an additional reward of 250,000 ACU) as well as flexible and fixed-term collateralized lending functions, providing holders with multiple passive income channels. Meanwhile, through the Gate Alpha points airdrop mechanism (recently opening the 148th, 149th, and 150th airdrops), ACU tokens are continuously distributed to the community, increasing user engagement and asset retention within the ecosystem.

This message is not investment advice. Please be aware of market volatility risks.