| Time Period | Price Change (USD) | Price Change (%) |
|---|---|---|
| Today | $ 0.00010 | +0.40% |
| 30 Days | $ -0.0073 | -22.95% |
| 60 Days | $ -0.013 | -33.78% |
| 90 Days | $ -0.014 | -35.69% |
PHALA NETWORK (PHA), commonly styled as Phala Network, is a crypto project focused on confidential compute for Web3 and AI applications. The Phala Network confidential AI cloud uses Trusted Execution Environments, or TEEs, to run code and data inside protected hardware enclaves while making execution verifiable. Public market data pages identify PHA as the Phala Network crypto asset, and project documentation describes PHA as the native token used across the Phala ecosystem. For users viewing a PHA price page on KCEX, the core idea is not simply anonymous payments; it is infrastructure for private, verifiable computation, AI inference, secure off-chain processing, and developer services that can interact with on-chain applications. This gives PHALA NETWORK a specific position within the broader Privacy narrative, especially where applications need data protection without making every computation public. citeturn0search2turn1search1turn0search3
The Phala TEE network is built around compute providers that run workloads in secure enclaves, while on-chain components coordinate verification, payments, staking, governance, and application interaction. Instead of requiring all computation to happen directly on-chain, Phala Network uses off-chain execution with cryptographic verification, allowing applications to process sensitive data or AI workloads while keeping the execution environment attestable. Official documentation highlights Phala Cloud, Dstack, and GPU TEE as key products for deploying confidential applications and AI models. citeturn1search4turn0search1
PHA is the native token of the Phala Network ecosystem. Documentation states that workers, or compute providers, receive PHA rewards; developers may use it for running programs or AI Agent Contracts; holders can participate in governance; and PHA can be staked or delegated to support network security. The staking model also connects PHA with vPHA, which represents staked value and governance participation in the Phala ecosystem. This mechanism links token utility to real network functions rather than only speculative trading activity. citeturn1search1turn1search0
The Phala Network confidential compute ecosystem supports long-tail use cases that users may search for, including confidential AI inference for Web3 apps, GPU TEE cloud for AI models, private smart contract computation, secure off-chain computation, verifiable AI agent execution, data-protected blockchain gaming logic, and confidential data sharing. Developers can use Phala Cloud to deploy Docker applications into TEE environments, while GPU TEE infrastructure is designed for AI workloads that need model integrity, data protection, and attestable execution. citeturn0search4turn0search5
Within the PHALA NETWORK ecosystem, PHA is relevant to users who want to understand how confidential AI, compute marketplaces, staking, and governance connect to the token. On a KCEX PHA price page, these use cases help explain why market participants monitor more than the price chart: they may also follow worker activity, developer adoption, AI workload demand, and the expansion of Phala Cloud services.
PHALA NETWORK (PHA) value is influenced by ecosystem growth, token utility, adoption of confidential compute, market demand, liquidity conditions, and whether the Phala Network confidential AI cloud continues to attract developers and users. For the Privacy narrative, value drivers are especially tied to demand for protected computation, regulatory clarity, measurable usage, and community participation.
Demand for protected data processing can support interest in PHALA NETWORK because Phala focuses on confidential AI and TEE-based computation rather than only transparent on-chain execution. If developers need private inference, secure application logic, or data-protected AI workflows, demand for the Phala TEE network may increase, which can strengthen token relevance and market attention.
Regulatory developments matter because projects connected to data protection, AI, and crypto infrastructure may be affected by changing rules on privacy, digital assets, data handling, and cross-border computation. Clearer frameworks can help enterprises and developers evaluate Phala Network use cases, while restrictive interpretations may slow adoption or reduce liquidity for PHA in some markets.
Transaction activity can reflect whether users are interacting with PHA, staking flows, governance actions, bridges, or Phala ecosystem applications. Higher meaningful activity may indicate stronger participation and utility, while weak activity can suggest limited near-term engagement. For a KCEX PHA price page, activity trends are useful context alongside market volume and price movement.
Community adoption affects PHALA NETWORK because governance, staking, developer education, and ecosystem integrations rely on an active base of users and builders. A stronger community can improve awareness of Phala Cloud, support documentation and tooling, and encourage more application experiments. Weak community momentum can reduce attention even when the technology remains available.
Network usage is central to PHA because Phala’s thesis depends on real demand for confidential compute, AI Agent Contracts, and TEE-based services. If more workloads run through Phala infrastructure, the token’s role in rewards, staking, governance, and application operations becomes easier to evaluate. Usage growth can also improve liquidity interest by showing practical demand.
Phala Cloud and GPU TEE adoption are coin-specific drivers because they define how PHALA NETWORK competes in confidential AI infrastructure. Documentation describes GPU TEE as a way to run AI models with hardware-level protection and verifiable attestation. Broader use of these products could increase developer dependence on the Phala Network ecosystem and make PHA utility more visible. citeturn0search1turn0search8
PHA staking, vPHA, and compute incentives are specific to Phala’s participation model. Official documentation describes PHA as the liquid token and vPHA as the governance and staking token used in the Phala ecosystem, including staking, collateral roles, and GPU mining requirements. These mechanics can influence circulating supply behavior, holder participation, and demand from compute providers. citeturn1search0turn1search2
PHALA NETWORK (PHA) is currently trading at $0.024 USD on KCEX. This reflects a +0.82% change over the past 24 hours.
PHALA NETWORK has a market capitalization of $20.59M USD, ranking #799 among all cryptocurrencies. Market cap is calculated by multiplying the current price by the circulating supply.
The current circulating supply of PHA is 840.50M out of a maximum supply of 1.00B. This means approximately 84.04% of all PHA that will ever exist is already in circulation.
PHALA NETWORK reached its all-time high of $1.39 USD on 2021-05-14. The current price is approximately 98.23% below that peak.
PHALA NETWORK hit its all-time low of $0.02120268 USD on 2026-03-01. Since then, PHA has gained over 15.55% from that level.
You can buy PHA on KCEX by creating a free account, completing verification, and depositing funds via crypto transfer. PHA/USDT is available for both spot trading and futures trading on KCEX.
PHALA NETWORK is currently priced at $0.024 USD with a 24h change of +0.82% and a 7-day change of -9.59%. Investment decisions depend on your own research and risk tolerance - always do your own due diligence before trading.
KCEX offers zero maker fees on PHA/USDT spot trading. Taker fees are among the lowest in the industry, making KCEX a cost-effective platform for trading PHALA NETWORK. For a full breakdown of trading fees, visit the KCEX Fee Schedule.