Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Market Capitalization:3 933 845 030 058,3 USD
Vol. in 24 hours:266 732 991 084,75 USD
Dominance:BTC 58,54%
ETH:12,85%
Yes

Phala plans to move its operations entirely to an Ethereum Layer-2 solution to broaden its offerings of private AI and GPU computing services.

crypthub
Phala plans to move its operations entirely to an Ethereum Layer-2 solution to broaden its offerings of private AI and GPU computing services.

Network Migration

Phala is transitioning its network from the Polkadot ecosystem to an Ethereum layer 2 (L2) solution.

Strategic Objectives

This migration aims to centralize confidential AI and GPU compute resources.

Benefits of Migration

The move is expected to enhance scalability for the network.

Token Conversion

As part of the transition, PHA tokens will be converted to an ERC‑20 standard.