PROM (Prom) rose 14.47% in the last 24 hours.

Gate News Bot news, July 17, according to CoinMarketCap data, as of the time of writing, PROM (Prom) is currently priced at 8.71 USD, having risen 14.47% in the last 24 hours, with a high of 9.26 USD and a low of 6.93 USD. The 24-hour volume reached 15.3 million USD. The current market capitalization is approximately 159 million USD, an increase of 20.1 million USD compared to yesterday.

PROM is a high-performance scalable network based on Polygon CDK, designed to provide "borderless scalability". The project utilizes zkSNARKs technology to reduce transaction costs, offering users an economical blockchain solution. PROM employs recursive STARK technology for fast transactions and scalable dApp development. The network ensures transaction security and data integrity through ZK proofs. PROM also adopts a community-driven governance model, promoting project development through on-chain decision-making and transparent governance.

Recent important news about PROM:

1️⃣ Integrate the MVL ecosystem and expand application scenarios Prom Network recently announced the integration of MVL (Mass Vehicle Ledger) into its ecosystem. This initiative is expected to significantly expand Prom's application range, particularly in the automotive and transportation sectors. The addition of MVL will bring new user groups and use cases to Prom, potentially stimulating the demand and value rise of PROM tokens.

2️⃣ Introduce the NADA protocol to strengthen the GameFi sector Prom has recently integrated the NADA protocol, which is an important initiative focused on the GameFi sector. The addition of the NADA protocol will enhance Prom's capabilities in the financialization of games, providing developers and players with more innovative GameFi solutions. This strategic partnership may attract more gaming projects to build on Prom, thereby promoting the expansion of the ecosystem and the rise in token value.

3️⃣ Collaborate with Trala to Innovate the GameFi Sector The collaboration between PROM and Trala aims to bring revolutionary changes to the GameFi sector. As a professional game development platform, Trala's involvement will inject strong technical support and innovation capabilities into the PROM ecosystem. This partnership is expected to attract more high-quality blockchain game projects, further consolidating PROM's position in the GameFi market.

From a technical perspective, the PROM price has broken through recent resistance levels, showing strong pump momentum. With the implementation of multiple strategic partnerships and the expansion of the ecosystem, the fundamentals of PROM are continuously improving, which may be a major factor supporting its recent price rise.

This message is not an investment advice; investors should be aware of market volatility risks.