NODE (NodeOps) rose by 10.77% in the last 24 hours.

Gate News Bot news, on August 28, according to CoinMarketCap, as of the time of writing, NODE (NodeOps) is currently reported at $0.12, having risen 10.77% in the last 24 hours, reaching a high of $0.12 and a low of $0.09. The current market capitalization is approximately $16.1 million, an increase of $1.56 million compared to yesterday.

Important news about NODE recently:

1️⃣ The democratization process of Layer 2 infrastructure accelerates R0AR has announced a node sale event aimed at promoting the democratization of Layer 2 infrastructure while rewarding community participation. This initiative is expected to enhance the importance of NODE in the Layer 2 ecosystem and may be one of the key factors driving its price rise.

2️⃣ Node operations receive increased attention The importance of operating Bitcoin nodes has once again been emphasized. Experts point out that running one's own node is crucial for maintaining network security and decentralization. This increased awareness of the value of nodes may indirectly drive market attention to related projects such as NODE.

3️⃣ Cryptocurrency node storage demand rise The latest data shows that the storage requirements for nodes of mainstream public chains such as Bitcoin, Ethereum, and Solana continue to rise. With the expansion of blockchain networks, the demand for efficient node operation solutions may further increase, which could bring more development opportunities for the NODE project.

From a technical perspective, NODE has maintained its strength after breaking through the 0.12 USD mark and may continue to maintain an upward trend in the short term. However, considering the high volatility of the cryptocurrency market, investors should remain cautious and closely monitor market changes.

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