FHE (Mind Network) increased by 100.98% in the last 24 hours, now trading at $0.08

Gate News Bot Message, December 15th, according to CoinMarketCap data, FHE (Mind Network) is currently priced at $0.08, up 100.98% in the past 24 hours, with a high of $0.09 and a low of $0.03. The 24-hour trading volume reached $45.2 million. The current market capitalization is approximately $28.7 million, an increase of $14.4 million from yesterday.

Mind Network is a pioneer in the field of Fully Homomorphic Encryption (FHE), committed to building fully encrypted infrastructure for Web3. The project focuses on developing FHE technology applications, including MindChain (the first FHE chain for AI agents), AgenticWorld (an AI agent platform with FHE consensus), and FHE Bridge (a secure interoperability solution for FHE), among other innovative products.

Mind Network has received support from CEX Incubation Camp Season 5, has been funded twice by the Ethereum Foundation, joined the Chainlink Build program, and became a Tier 1 channel partner. The project has raised $12.5 million in funding, supported by top institutions such as Chainlink and the Ethereum Foundation. Currently, over 39 million FHE tokens are staked, with more than 20 FHE ecosystem partners including Google, ZAMA, Chainlink, and other well-known projects.

Analysis of FHE Market Drivers

Recent important news about FHE:

1️⃣ Strategic Deployment to Strengthen Application in Solana AI-Agent Ecosystem
Mind Network officially launched its strategic layout targeting the Solana AI-Agent ecosystem and transferred 1% of the total Pippin token supply into a public wallet as a long-term community incentive reserve. Simultaneously, an “Unicorn Reserve” incentive plan was launched, allowing users to lock FHE to receive Pippin airdrops. This move indicates that the project is actively expanding the application scenarios of privacy computing in the AI Agent field. By leveraging cross-ecosystem incentive mechanisms, it enhances user engagement and promotes the integrated development of “Privacy Computing + AI Agent,” providing concrete ecological support for the practical application of FHE technology.

2️⃣ Building Multi-Chain Privacy Infrastructure to Enhance Technological Value
Mind Network is constructing multi-chain privacy infrastructure covering ETH, BSC, and Solana, and will gradually introduce confidential addresses and Agent-to-Agent (A2A) privacy execution functions. This multi-chain deployment demonstrates the project’s in-depth exploration of cross-chain applications of fully homomorphic encryption technology, allowing FHE’s privacy protection capabilities to cover a broader blockchain ecosystem. It helps expand FHE’s application scope and further reinforces market recognition of the technology’s future potential.

3️⃣ Repositioning FHE as the Privacy Holy Grail
Mind Network clearly states that fully homomorphic encryption is the “Holy Grail” of privacy, emphasizing that FHE can enable computation and collaboration while ensuring data remains fully encrypted, thus solving the “transparency paradox” of blockchain. This positioning reveals FHE’s core role in solving the problem of complete data exposure on public blockchains, especially in protecting AI business intents and strategies. It deepens investors’ understanding of FHE’s strategic importance and long-term competitive edge.

From recent trends, FHE has experienced a surge starting from a 140.58% increase on December 8th, maintaining strong momentum, and reaching a new daily increase high of 100.98% on December 15th, with cumulative gains multiplying several times. Behind this continuous significant rise are market recognition of FHE’s long-term prospects and substantive progress in ecological expansion and application deployment, continuously releasing positive signals to the market. However, the sharp short-term increase also warrants attention to profit-taking pressure; investors should closely monitor support levels at high prices.

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