OPEN (OpenLedger) rose 13.81% in 24 hours

Gate News Bot news, on October 21, according to CoinMarketCap data, as of the time of publication, OPEN (OpenLedger) is currently priced at $0.40, having pumped 13.81% in the last 24 hours, reaching a high of $0.43 and a low of $0.32. The 24-hour volume reached $102 million. The current market capitalization is approximately $85.4 million, an increase of $10.4 million compared to yesterday.

OpenLedger is a next-generation blockchain network designed specifically for AI. It aims to unlock the liquidity of data, models, and agents to enable monetization. The OpenLedger chain provides infrastructure for trustworthy AI, featuring AI participation design, AI liquidity layer, EVM-compatible infrastructure, and contribution attribution proof. The OpenLedger ecosystem includes products such as model data networks, model factories, open models, and open chat.

Important news about OP recently:

1️⃣ The Open Platform completed a $285 million financing round, valuing it at $1 billion The Open Platform announced the completion of a $285 million Series A financing on July 3, 2025, with a valuation of $1 billion, becoming the first unicorn project in the TON ecosystem. This round of financing demonstrates investors' strong confidence in OPEN technology and market prospects, which is expected to drive further development and expansion of the project.

2️⃣ Tether open-source wallet toolkit, supports OPEN and other multi-chain assets Tether recently open-sourced a wallet toolkit that supports Bitcoin, Ethereum, and other blockchains, including support for multi-chain assets such as OP. This initiative helps enhance the accessibility and liquidity of OP, potentially attracting more users and developers.

3️⃣ OPEN Token fully launched on major exchanges OPEN Token, as an AI blockchain project, has recently been successfully listed on multiple major exchanges. This move has significantly increased OPEN's market exposure and liquidity, providing important support for its price rise.

From a technical perspective, OPEN has broken through the key resistance level of $0.40, showing strong upward momentum. However, investors still need to pay attention to the potential short-term pullback risks. On the fundamental side, the project valuation has reached $1 billion, reflecting the market's optimism about OPEN's long-term development prospects.

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