DATA (Streamr) up 5.21% in the last 24 hours

DATA0,96%

Gate News Bot Message, January 07, According to CoinMarketCap data, at the time of press, DATA (Streamr) is trading at $0.01, up 5.21% in the past 24 hours, with a high of $0.01 and a low of $0.00. The current market cap is approximately $6.72 million, an increase of $33,290 compared to yesterday.

Streamr is a decentralized real-time data network that provides serverless data streaming and auto-scaling media broadcasting services. The network adopts cryptography-secured, open-source, and decentralized architecture, capable of transmitting any real-time media or data on a large scale. Currently, the network has 634 nodes, with an average daily data flow of 256.76GB, and an annual staking yield of 18.82%.

Streamr supports various application scenarios, including AI data transmission, real-time video streaming, DePIN hardware data streams, decentralized communication, metaverse interaction, and data monetization. The DATA token is at the core of the Streamr network, allowing token holders to earn rewards through node operation or participate in ecosystem development. The project was launched in 2017 and is driven by a distributed open-source team of about 30 key contributors worldwide. Major decisions are made through DATA token governance voting.

Recent Important News about DATA (Streamr):

1️⃣ Network activity continues to grow The number of nodes in the Streamr network has reached 634, with an average daily data flow of 256.76GB, reflecting ongoing improvements in network infrastructure and expanding application demand. The growth in node count and data flow provides a solid foundation for long-term ecosystem development and supports the recent positive performance of the token.

2️⃣ High-yield incentive mechanisms attract participants The staking annual yield of 18.82% offers a relatively high return, attracting node operators and long-term token holders, promoting token liquidity locking and enhancing network security, indirectly supporting token price stability.

3️⃣ Expansion into diverse application scenarios such as AI data transmission Streamr’s layout in emerging fields like AI data transmission and DePIN hardware data streams demonstrates its cutting-edge adaptability. The development potential of these high-value application scenarios provides new driving forces for long-term network growth and reinforces market recognition of the project’s sustainability.

This message does not constitute investment advice. Investors should be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Altseason 3.0 Setup? OTHERS/BTC Retests Historic Launchpad as 4 Altcoins Prepare for Potential 5× Expansion

OTHERS/BTC retested a historic launchpad, creating a structured setup for potential 5× gains across selected altcoins. Arbitrum, Aptos, Pepe, and Bonk exhibit consistent support and resistance patterns with measured trading volume. Oscillators and trend lines indicate balanced momentum, s

CryptoNewsLand3m ago

Ethereum Activity at All-Time Highs Due to Mass Capitulation - U.Today

Ethereum's network shows high activity, surpassing 2021 metrics, but this surge is due to investors selling rather than genuine demand. Liquidity is declining as users withdraw capital to exchanges, signaling potential challenges ahead.

UToday2h ago

Dogecoin Tests $0.090 Support After 3.4% Drop as Traders Watch Key Price Range

Dogecoin is currently trading at $0.09061 which is a drop of 3.4 percent, and the price is close to the important level of $0.09011 support. The chart indicates a series of tests of the support zone of $0.089-$0.090, and the closest resistance is represented by $0.09353. A hold of

CryptoNewsLand3h ago

PEPE Price at $0.053259 as Tight Range and Falling Volume Shape Short-Term Market Activity

PEPE was traded at $0.053259 and has recorded a 3.0 percent fall in value but it is within a thin band of support and resistance. The market exhibited a volume of 235.15M in 24 hour trading, which is a decline of 19.16% reflecting less trading activity. Technical indicators are not

CryptoNewsLand3h ago

XRP ETF Performance Praised as 'Really Impressive' by Bloomberg - U.Today

XRP ETFs have shown resilience amid a 45% price drop, attracting significant capital despite typical market behavior. Bloomberg's Eric Balchunas highlights strong investor support. Despite recent outflows, the funds retain substantial assets, indicating community dedication.

UToday4h ago

Crypto Shines Amid Middle East Oil Shock and Market Selloff

Bitcoin remains stable amid market turmoil fueled by rising oil prices and inflation, outperforming traditional assets. Its reduced leverage limits forced selling, attracting long-term investors eyeing potential gains in a volatile landscape.

CryptoFrontNews4h ago
Comment
0/400
ameelyvip
· 01-07 01:54
thanks for informing us thanks for informing us thanks for informing us
Reply0