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Price Prediction Of Phala Network (PHA) 2023, 2025, 2030, 2050

What is Phala Network?

Phala Network is yet another Gem built on the Polkadot blockchain, as it serves the entire Polkadot network being on its one of the Parachains. Phala mainstream in Confidential smart contract platform deployed on the substrate. It aims to offer a privacy-preserving protocol for confidential could computing and data security services for various enterprises and users.

Phala has two main product that includes pLibra and Web3 Analytics, where pLibra confidential computation component for Libra. under web3 analytics, the network will serve next-generation data analysis for user data and output. Phala utilizes TEE i.e., Trusted Environment Execution which will help users to keep data private and confidential. TEE simply runs data in isolated and private and outputs display with authorization. The TEE-powered system will be protected from the system-level attack and solve problems like lack of time source and availability issues.

As per the latest report, Phala continues to work on powerful computing power which is comparable with existing cloud services. the network also combines peer to peer network of a number of trusted hardware, which is verified by phala runtime i.e., an open-source platform. however, all computing processes will be following a decentralized approach and there I no centralized executor and data controller.

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Phala Network Price Prediction

Month & YearPHA Price Prediction
March 2023$0.2111
April 2023$0.3135
May 2023$0.3498
June 2023$0.3702
July 2023$0.3986
August 2023$0.2962
September 2023$0.3498
October 2023$0.3844
November 2023$0.4553
December 2023$0.4648
January 2024$0.5073
March 2024$0.5420
April 2024$0.5246
July 2024$0.6113
October 2024$0.5593
January 2025$0.6223
February 2025$1.3644
March 2025$1.4022
April 2025$1.5440
May 2025$1.5676
June 2025$1.6070
July 2025$1.7961
August 2025$2.0797
September 2025$1.8969
October 2025$1.8591
November 2025$2.1742
Decemeber 2025$2.2372
January 2030$4.8053
March 2030$5.1046
May 2030$5.7348
July 2030$5.2779
September 2030$6.0814
December 2030$6.3020

Phala Network Overview

Project namePhala Network
Ticker SymbolPHA
Total Supply1,000,000,000
Based onPolkadot
Launched year2018
All-time high$1.19 USD
Exchange PlatformBinance, OKEx,, Bilaxy, MXC, Huobi Global, Hotbit
WalletDark Wallet
PartnerPolkadot, Bluezelle, Reef Finance, Bondly, IOSG Venture, Bifrost, Crust, Mask, Acala, Kusama, Parity, Candaq

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PHA Price Analysis

Following the listing of PHA on CMC, it makes progressive gains in prices and market cap volume. PHA climbed by 9x since November 2020 i.e., in 3 months, as it already crosses the $1 USD mark after the announcement of the Binance listing. PHA is mining friendly as the blockchain will verify execution on own computer. In the utility, PHALA Token will be used in buying computing resources, and t-chain & off-chain storage. Data execution or processing will require PHA as transaction fees, as tokens can be staked to earn rewards. In DAO token holders can participate in community governance


Phala network is not just a smart contract platform but it has some better features to serve individuals and users in terms of data preservation. Phala will be changing data security with decentralized technology integration, as it aims to eliminate centralized executors. Phala serves the Polkadot parachain which is currently one of the most demanded platforms, where most the projects making deployment on it. Phala seeing a huge market cap gained in recent weeks, as it makes an entry into the top 300 project list and in the future, it could secure a position in the top 200 lists.


Will PHA Token hit $10 USD?

PHA has great uses in the future and as its demand increases following listing on top trading platform, PHA could reach this milestone before 2023.

Is Phala Network a Good Investment?

Polka project continue to roar in the year 2021 and it will remain a favorite in the future too.

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Riya Kapoor

Riya Kapoor writes about lifestyle, entertainment, news and gadgets. She has been in this industry for almost 4 years now. She is a graduate from Delhi University with English Hons and had deep connection with writing since her childhood.

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