ATH (Aethir) rose 20.10% in the last 24 hours.

Gate News Bot message, September 15, according to CoinMarketCap data, as of the time of writing, ATH (Aethir) is currently reported at 0.06 USD, with a pump of 20.10% in the last 24 hours, reaching a high of 0.06 USD and a low of 0.03 USD. The current market capitalization is approximately 770 million USD, an increase of 129 million USD compared to yesterday.

Aethir is a distributed cloud computing infrastructure that provides on-demand enterprise-level GPU solutions. The platform is designed to offer secure and efficient GPU computing resources for the AI and gaming industries, supporting compute-intensive tasks such as AI model training, fine-tuning, and inference. Aethir has also launched a $100 million ecosystem fund to support innovators in the AI and gaming fields.

Important recent news about ATH:

1️⃣ Q3 performance expectations exceed expectations The Aethir platform performed strongly in the third quarter, with network revenue expected to exceed $39 million, a rise of 20% compared to the second quarter. The average monthly revenue for July and August has reached approximately $13 million, a historical high, demonstrating the rapid growth trend of the platform's business. This significant improvement in financial performance is expected to boost investor confidence and drive the value of the ATH token up.

2️⃣ Resource usage reaches a new high The Aethir platform has surpassed the milestone of 1 billion computing hours, with a total of 1.15 billion hours of computation. This figure reflects the high utilization rate of the platform and the continuous rise in market demand, while also highlighting Aethir's leading position in the distributed cloud computing market. As the usage of computing resources increases, the practical application scenarios and value of the ATH token also rise.

3️⃣ The market response is positive The price of ATH token has experienced a significant pump in the short term, with a 24-hour rise exceeding 38% at one point. This price trend reflects the market's positive assessment of the Aethir project's prospects, particularly in terms of its business growth and technological advancements. However, investors should also be aware that such a rapid price rise may bring about short-term correction risks.

From a technical perspective, ATH has recently broken through important resistance levels, showing strong upward momentum. However, considering the significant rise in the short term, investors should be cautious of potential price corrections. From a fundamental standpoint, the business growth of Aethir and the increase in platform usage provide solid value support for the ATH token.

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