Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Phala Network price

Phala Network pricePHA

Listed
Buy
$0.1035USD
-1.24%1D
The Phala Network (PHA) price in United States Dollar is $0.1035 USD as of 15:00 (UTC) today.

Network (PHA) has been listed in the Innovation, AI and DePin Zone. You can quickly sell or buy PHA. Spot Trading Link: PHA/USDT.

New users can get a welcome gift package worth 6200U, Claim it now>>
Phala Network price USD live chart (PHA/USD)
Last updated as of 2025-09-17 15:00:55(UTC+0)

Phala Network market Info

Price performance (24h)
24h
24h low $0.124h high $0.11
All-time high:
$1.41
Price change (24h):
-1.24%
Price change (7D):
-5.74%
Price change (1Y):
-0.38%
Market ranking:
#418
Market cap:
$83,915,485.11
Fully diluted market cap:
$83,915,485.11
Volume (24h):
$12,692,792.17
Circulating supply:
810.85M PHA
Max supply:
--
Total supply:
1.00B PHA
Circulation rate:
81%
Contracts:
0x6c5b...9d52f4E(Ethereum)
Links:
Buy/sell Phala Network now

Live Phala Network price today in USD

The live Phala Network price today is $0.1035 USD, with a current market cap of $83.92M. The Phala Network price is down by 1.24% in the last 24 hours, and the 24-hour trading volume is $12.69M. The PHA/USD (Phala Network to USD) conversion rate is updated in real time.
How much is 1 Phala Network worth in United States Dollar?
As of now, the Phala Network (PHA) price in United States Dollar is valued at $0.1035 USD. You can buy 1PHA for $0.1035 now, you can buy 96.63 PHA for $10 now. In the last 24 hours, the highest PHA to USD price is $0.1071 USD, and the lowest PHA to USD price is $0.1035 USD.
AI analysis
Today's hot spots in the crypto market

The cryptocurrency market on September 17, 2025, is experiencing a dynamic period, marked by several key developments and evolving trends. Bitcoin (BTC) continues to be the primary barometer for market sentiment, with its price movements heavily influencing altcoin performance. Today, analysts are closely watching its ability to sustain above critical support levels, following a week of mixed trading signals. The broader market appears to be in a state of cautious optimism, as investors weigh macroeconomic factors against ongoing innovation within the crypto space. [1, 2]

One of the significant narratives dominating discussions today revolves around institutional adoption and regulatory clarity. Recent announcements regarding major financial institutions exploring tokenization of real-world assets (RWAs) are creating a buzz. This movement is seen as a pivotal step towards bridging traditional finance with decentralized ecosystems, potentially unlocking trillions in value. Regulatory bodies globally are increasingly focused on establishing clear frameworks for digital assets, with several jurisdictions reportedly making strides in this area. While some uncertainty remains, the growing dialogue between regulators and industry leaders is generally viewed as a positive sign for long-term stability and growth. [1, 3]

Decentralized Finance (DeFi) continues its relentless innovation cycle, with new protocols and financial primitives emerging. Lending and borrowing platforms, decentralized exchanges (DEXs), and liquid staking derivatives are seeing increased activity. Specifically, a few newer DeFi protocols offering novel yield generation strategies are gaining traction, though investors are advised to exercise due diligence due to the inherent risks associated with early-stage projects. The overall TVL (Total Value Locked) in DeFi remains robust, indicating sustained interest despite market fluctuations. [4, 5]

The Non-Fungible Token (NFT) market is also showing signs of a renaissance in certain niches. While the broader speculative fervor of previous years has cooled, utility-driven NFTs and those integrated within gaming and metaverse ecosystems are experiencing renewed interest. Projects that offer tangible benefits or form part of established digital economies are seeing consistent engagement and trading volume. Art and collectibles segments are more selective, with blue-chip collections maintaining their value while newer, less established projects struggle to gain traction. [6]

From a technological perspective, advancements in layer-2 scaling solutions for Ethereum and other smart contract platforms are a constant focal point. These solutions are crucial for improving transaction speeds and reducing gas fees, addressing some of the long-standing challenges hindering wider blockchain adoption. The ongoing development of ZK-rollups and optimistic rollups is particularly noteworthy, promising a more scalable and efficient future for decentralized applications. Additionally, cross-chain interoperability solutions are gaining momentum, aiming to create a more seamless and interconnected blockchain landscape. [7, 8]

Looking at specific assets, while Bitcoin’s price action is key, several altcoins are exhibiting independent strength or weakness based on project-specific developments. Ethereum (ETH) continues to be a central player, with discussions around its upcoming upgrades and its role in the evolving DeFi and NFT landscapes. Other altcoins with strong fundamentals, active development, and growing communities are also attracting investor attention, particularly those focused on real-world utility, enterprise solutions, or novel consensus mechanisms. Market analysts suggest keeping an eye on projects with clear roadmaps and transparent communication. [9, 10]

In summary, the crypto market on September 17, 2025, presents a complex yet exciting picture. Institutional engagement, regulatory progress, continuous DeFi innovation, and the evolving utility of NFTs are shaping the current landscape. While volatility remains an inherent characteristic, the underlying technological advancements and increasing mainstream acceptance signal a maturing market with significant long-term potential. Investors are encouraged to stay informed and approach the market with a well-researched strategy.

Show more

Do you think the price of Phala Network will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on Phala Network's price trend and should not be considered investment advice.
The following information is included:Phala Network price prediction, Phala Network project introduction, development history, and more. Keep reading to gain a deeper understanding of Phala Network.

Phala Network price prediction

When is a good time to buy PHA? Should I buy or sell PHA now?

When deciding whether to buy or sell PHA, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget PHA technical analysis can provide you with a reference for trading.
According to the PHA 4h technical analysis, the trading signal is Strong sell.
According to the PHA 1d technical analysis, the trading signal is Sell.
According to the PHA 1w technical analysis, the trading signal is Sell.

About Phala Network (PHA)

What Is Phala Network?

Phala Network is a decentralized cloud platform designed to provide secure, scalable, and privacy-preserving computational services. Built on blockchain technology, Phala enables developers to build tamper-proof AI-driven applications that seamlessly interact with smart contracts. By integrating Trusted Execution Environments (TEEs) with blockchain, Phala Network addresses the need for secure and decentralized AI execution, making it a critical infrastructure layer for the Web3 ecosystem.

This platform caters to developers, businesses, and investors looking for solutions to create decentralized AI Agents, ensuring robust data protection and reliable operation. Whether you’re a developer building decentralized applications or an investor exploring blockchain-based AI opportunities, Phala Network introduces a powerful infrastructure for privacy-focused computation.

How Phala Network Works

Phala Network operates as an AI execution layer for Web3, bridging the gap between artificial intelligence and blockchain technology. Its core infrastructure is built on a hybrid Blockchain-TEE system that ensures decentralized, secure, and verifiable computation.

1. Trusted Execution Environments (TEEs)

TEEs are secure hardware environments that run computations while keeping sensitive data private. Phala’s TEEs guarantee data confidentiality and integrity, ensuring computations are both tamper-proof and secure.

Applications run within TEEs are shielded from external interference, providing a high level of trust.

2. Agentized Smart Contracts

Phala allows developers to create AI Agents that act like smart contracts. These agents are programmed to perform specific tasks and can interact with other AI Agents across chains.

Using AI-Agent Contracts, developers can create decentralized applications (dApps) that utilize AI for tasks such as autonomous decision-making and complex computations.

3. Inter-Agent Connectivity

AI Agents on Phala Network can freely communicate with each other, forming a network of multi-agent systems. This decentralized structure ensures scalability and fosters collaborative, complex applications.

4. Decentralized Hosting and Governance

All computations are hosted on a decentralized network of nodes, ensuring availability and resilience.

Governance is managed through the Phala DAO, where token holders propose and vote on key network decisions.

5. Integration with AI Ecosystems

Phala integrates with major AI tools and platforms like OpenAI, LangChain, and io.net, expanding its usability and appeal to developers working in blockchain and artificial intelligence.

Use Cases

Phala Network supports a range of applications:

Decentralized AI Applications: Autonomous systems that perform tasks while maintaining user privacy.

Smart Contract Enhancement: AI-powered decision-making capabilities integrated directly into blockchain-based smart contracts.

Gaming Ecosystems: Platforms like Agent Wars gamify AI by creating multi-agent ecosystems that interact, compete, and earn rewards.

What Is PHA Token?

PHA is the native utility token of the Phala Network. With a total supply of 1 billion tokens, it serves multiple purposes within the ecosystem:

Access to Trusted Computing Resources: PHA tokens are used to access Phala's TEE-powered computational resources. This enables developers to deploy Phat Contracts, which act as self-hosted oracles for blockchains compatible with the Ethereum Virtual Machine (EVM).

Staking for Security: To operate on the network, gatekeepers (nodes) must stake PHA tokens. This stake acts as collateral, with penalties (slashing) imposed for misbehavior. This ensures network security and incentivizes good behavior.

Governance: Token holders can participate in on-chain governance via the Phala DAO. They can propose and vote on key decisions, such as network upgrades and protocol changes.

Delegation and Rewards: Users can delegate their PHA tokens to StakePools, earning rewards while contributing to the network’s computational capacity.

Conclusion

Phala Network combines the power of blockchain and AI to create a secure, decentralized computing platform. Its innovative use of TEEs ensures data privacy and tamper-proof execution, while its native PHA token facilitates staking, governance, and access to resources. By enabling decentralized AI Agents, Phala Network is positioning itself as a critical layer in the evolving Web3 ecosystem. For developers, businesses, and investors interested in blockchain-based AI solutions, Phala Network offers a unique and scalable approach to privacy-focused computation.

Show more

PHA/USD price calculator

PHA
USD
1 PHA = 0.1035 USD. The current price of converting 1 Phala Network (PHA) to USD is 0.1035. Rate is for reference only. Updated just now.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

PHA resources

Phala Network ratings
4.6
101 ratings
Contracts:
0x6c5b...9d52f4E(Ethereum)
Links:

What can you do with cryptos like Phala Network (PHA)?

Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 wallet

How do I buy Phala Network?

Learn how to get your first Phala Network in minutes.
See the tutorial

How do I sell Phala Network?

Learn how to cash out your Phala Network in minutes.
See the tutorial

What is Phala Network and how does Phala Network work?

Phala Network is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Phala Network without the need for centralized authority like banks, financial institutions, or other intermediaries.
See more

Global Phala Network prices

How much is Phala Network worth right now in other currencies? Last updated: 2025-09-17 15:00:55(UTC+0)

Buy more

FAQ

What is the current price of Phala Network?

The live price of Phala Network is $0.1 per (PHA/USD) with a current market cap of $83,915,485.11 USD. Phala Network's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Phala Network's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Phala Network?

Over the last 24 hours, the trading volume of Phala Network is $12.69M.

What is the all-time high of Phala Network?

The all-time high of Phala Network is $1.41. This all-time high is highest price for Phala Network since it was launched.

Can I buy Phala Network on Bitget?

Yes, Phala Network is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy phala-network guide.

Can I get a steady income from investing in Phala Network?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Phala Network with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Hot promotions

Where can I buy Phala Network (PHA)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

Video section — quick verification, quick trading

play cover
How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Buy Phala Network for 1 USD
A welcome pack worth 6200 USDT for new Bitget users!
Buy Phala Network now
Cryptocurrency investments, including buying Phala Network online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Phala Network, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Phala Network purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.