BAND (Band) has pumped 16.12% in the last 24 hours.

Gate News Bot news, on December 02, according to CoinMarketCap, as of the time of writing, BAND is currently priced at 0.47 USD, with a pump of 16.12% within 24 hours, reaching a high of 0.51 USD and a low of 0.37 USD. The current market capitalization is approximately 791,000 USD, an increase of 1.1 million USD compared to yesterday.

Band is the unified data layer for AI and Web3. As a community-driven data platform, Band has been focused on the security of on-chain data since 2018. It provides real-time financial data connectivity for Web3 applications, offers up-to-date information and AI knowledge updates for LLMs through Data Hunters, and provides verifiable randomness for games. Band currently supports over 40 chains, has more than 11 data sources, and over 70 validators, with a total locked value of $422 million.

Important news about BAND recently:

1️⃣ Expand USDC price feed in collaboration with ARC Band Protocol has partnered with ARC to provide USDC price feed services. This strategic collaboration not only expands the application scope of Band Protocol in the decentralized finance sector but also adds new use cases for its price oracle services, which is expected to attract more potential users to pay attention to and adopt Band's services.

2️⃣ Multi-chain support continues to expand Band Protocol currently supports over 40 blockchain networks, and this extensive multi-chain support strategy significantly enhances its importance in cross-chain data interaction. With the increase in the number of supported chains, Band is expected to attract more developers and project parties to use its services, thereby enhancing its competitiveness in the Oracle field.

3️⃣ Total Locked Value Reaches $422 Million The total locked value (TVL) of Band Protocol has reached $422 million, reflecting its important position in the decentralized finance ecosystem. This substantial TVL not only demonstrates users' trust in Band's services but also provides a solid foundation for its future development, which is conducive to attracting more institutional and individual investors' attention.

From a technical perspective, after the BAND price broke through the 0.50 USD level, it experienced a slight pullback but remained above 0.47 USD, showing strong pump momentum. In the short term, 0.51 USD will be an important resistance level; if it can break through effectively, it may open up further upward space.

This message is not an investment advice. Investors should be aware of market volatility risks.