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$PHA climbs over 12% after announcing GAIB Partnership
$PHA, an utility token that serves several purposes within the Phala Network ecosystem, is up over 12% in the past 24hours, & currently trades around $0.033021, with inflow of $54.45M, & trading volume of $14.33M, as per Gate.io chart.
Phala Network recently announced its partnership with GAIB, the first Economic Layer for AI & Compute, for yield-bearing assets & GPU-backed stablecoins. The two platforms are joining forces together to build an advanced financial ecosystem that transforms AI resources, facilitates secure computing infrastructures & resources utilization to meet the growing demands of AI applications.