Gate News Bot Message, February 12 — According to CoinMarketCap data, at the time of press, ON (Orochi Network) is priced at $0.07, up 20.08% in the past 24 hours, reaching a high of $0.08 and a low of $0.06. The 24-hour trading volume is $2.33 million. The current market cap is approximately $11.11 million, an increase of $1.86 million from yesterday.
Orochi Network is the world’s first verifiable data infrastructure, dedicated to addressing Web3 limitations in computation, data correctness, and data availability through zero-knowledge proof (ZKP) technology. The network provides the highest level of data and digital asset security by adopting MPC and ZKP, while supporting high-performance applications with data availability layers and trustless randomness from distributed sources.
Orochi Network’s product ecosystem includes core products such as zkDatabase, zkMemory, Orocle, Orand, OroSign, and zkDA Layer. Currently, over 140 projects are building within the ecosystem. zkDatabase has been downloaded over 10,300 times, ONProver has a total of 308,000 verifiers, and the total number of verified proofs has reached 720 million. The ON token is officially listed on Ethereum (0x33f6BE84becfF45ea6aA2952d7eF890B44bFB59d) and BNB Smart Chain (0x0e4f6209ed984b21edea43ace6e09559ed051d48).
Recent Important News about ON:
Note: Based on available information, there are currently no relevant updates within the analysis period (February 5 to February 12, 2026) that meet the selection criteria for driving factors analysis.
The 20.08% increase reflects market recognition of the development status of the ON ecosystem. Fundamentally, Orochi Network has significant technical accumulation in the zero-knowledge proof infrastructure field—over 140 ecosystem projects, more than 10,300 downloads of zkDatabase, and 308,000 verifiers—demonstrating its practical application potential in Web3 data security and verifiable computation. The current market sentiment strength may be driven by ongoing ecosystem expansion and the gradual growth of verified technical data.
This message is not investment advice. Please be aware of market volatility risks.
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
Boris Johnson criticizes Bitcoin as a Ponzi scheme, with crypto industry leaders collectively refuting the claim
Former British Prime Minister Boris Johnson characterized Bitcoin as a "Ponzi scheme" and warned investors, particularly elderly individuals, to exercise caution using personal examples. Industry figures such as Michael Saylor quickly refuted the claim, pointing out that Bitcoin lacks a centralized operator, which is a key characteristic of Ponzi schemes. These remarks sparked widespread discussion and reignited controversy over the definition of Bitcoin.
MarketWhisper21m ago
BTC breaks through 74,000 USDT, intraday gains of 1.65%
Gate News: On March 16, Bitcoin price broke through 74000 USDT, now trading at 74011.11 USDT, with a daily gain of 1.65%.
GateNews39m ago
BTC breaks through $74,000, 24-hour gain of 3.61%
Gate News reports that on March 16, according to Gate market data, BTC/USDT is now trading at $74,001.9, with a 24-hour increase of 3.61%.
GateNews39m ago
Venus Protocol Hit by "Liquidation Bomb" Attack: Hacker Disguised as Normal Operations for 9 Months, Created $2.15 Million Bad Debt
BNB Chain's lending protocol Venus Protocol fell victim to a hacker attack on March 16 that had been planned for 9 months, ultimately resulting in the extraction of approximately $5.07 million in assets and causing $2.15 million in bad debt. The attacker manipulated the price of THE token to trigger liquidations, and Venus responded by reducing collateral factors across multiple markets, highlighting the risks DeFi protocols face with low-liquidity tokens.
動區BlockTempo39m ago
OTC Giant BlockFills Files for Bankruptcy! $75 Million Lending Loss, Assets of 2,000 Institutional Clients Frozen
BlockFills, a Chicago-based cryptocurrency OTC trading platform, has filed for Chapter 11 bankruptcy protection due to $75 million in lending losses and has suspended customer withdrawals, leaving approximately 2,000 institutional clients in distress. Following the CEO's departure, creditors have filed lawsuits, the court has frozen certain assets, and experts believe the company is headed directly toward insolvency.
動區BlockTempo1h ago
Strait of Hormuz shipping crisis impacts industrial metals, BTC reclaims $71,300
Middle East tensions escalate as U.S. military takes action against Iranian energy facilities. Iran warns of retaliation, Strait of Hormuz transit volume declines, shipping risks rise, and aluminum supply chains tighten. U.S. 2022 GDP revised down to 0.7%, PCE remains at 3.1%, and the job market stays resilient. In the crypto market, BTC returns to the key level of 71,300 dollars.
GateNews1h ago