HEI (Heima) rose 16.72% in 24 hours

Gate News Bot news, August 4th, according to CoinMarketCap data, as of the time of writing, HEI (Heima) is currently reported at $0.47, a rise of 16.72% in the last 24 hours, reaching a high of $0.48 and a low of $0.35. The current market capitalization is approximately $35.7 million, an increase of $5.12 million compared to yesterday.

Heima is a one-stop cross-chain trading solution. HEI utilizes chain abstraction technology to unlock all chains with a single account, allowing users to freely pay with any token or Gas. The project aims to simplify cross-chain trading and empower every DEX. Heima's modular SDK and API facilitate faster project launch and expansion. It employs a decentralized architecture using TEE and SMPC to ensure the security of user funds and provides real-time cross-chain token information API and optimal trading routing features.

Recent important news about HEI:

1️⃣ Trading support expansion drives price rise The price of HEI has risen significantly by 16.72% in the past 24 hours, mainly due to the expansion of its trading support range. Several mainstream trading platforms have added trading pairs for HEI, greatly enhancing its liquidity and accessibility, attracting more investor attention.

2️⃣ Cross-chain trading demand rise With the continuous development of DeFi and cross-chain applications, the market demand for one-stop cross-chain trading solutions like Heima is rising. Heima's chain abstraction technology and single account cross-chain functionality align with the current market's need for simplified cross-chain operations, driving the rise in the value of HEI token.

3️⃣ Technological innovation recognized Heima's use of TEE (Trusted Execution Environment) and SMPC (Secure Multi-Party Computation) decentralized architecture has gained industry recognition for ensuring user fund security. This technological advantage has boosted investor confidence and has become one of the important factors driving the rise in HEI prices.

From a technical perspective, HEI experienced a slight pullback after breaking through the $0.48 mark and is currently stabilizing around $0.47. If it can hold above $0.50 in the short term, it is expected to break upward further. However, investors should remain vigilant about the potential pullback risks that may occur after a rapid rise.

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