Gate News message: On April 7, according to Gate market data, as of the time of publication, NIL (Nillion) is trading at $0.03739. It is up 13.86% over the past 24 hours, with a highest price of $0.04147 and a lowest of $0.0323. The 24-hour trading volume is $241.1k. The current market cap is approximately $16.0381 million.
Nillion is a permissionless network that provides secure data storage and computation for blockchains and AI. By storing and computing encrypted data (known as blind computation), Nillion addresses the challenges of processing high-value data (such as data from AI agents, transaction data, etc.) for blockchain networks. The network consists of a processing layer, a coordination layer, and a connection layer, and supports a range of applications including secure inference for AI models, building DePIN networks, and privacy-enhancing technologies, including quantum-secure messaging, encrypted transaction platforms, private healthcare analytics, and decentralized identity authentication.
This news is not investment advice. Investing involves risks, including risks related to market volatility.