STABLE（Stable）24小时上涨30.07%

Gate News Bot Message, January 29th, according to CoinMarketCap data, as of press time, STABLE (Stable) is currently priced at $0.03, up 30.07% in the past 24 hours, with a high of $0.03 and a low of $0.02. The 24-hour trading volume reached $61.4 million. The current market cap is approximately $510 million, an increase of $118 million from yesterday, ranking 89th globally.

Stable is a blockchain specifically built for stablecoin payments, providing the first-layer solution with USD₮ as the native asset. StableChain uses USD₮ as the native asset and gas fee, achieving sub-second finality and a predictable fee model, offering fast, scalable, secure, and reliable payment settlement infrastructure for global institutions and users. The platform aims to address issues such as stablecoin liquidity fragmentation, unpredictable fees, and complex institutional integration, supporting EVM compatibility to provide developers, enterprises, and consumers with a seamless digital dollar payment experience. StableChain has outlined a three-phase development plan: Phase 1 (ongoing) launching the mainnet to enable USD₮ native settlement; Phase 2 (Q4 2025) increasing throughput through optimistic parallel execution and StableDB; Phase 3 (Q2 2026) adopting DAG consensus mechanism with a goal of achieving 10,000+ TPS processing capacity.

Recent Important News about STABLE:

1️⃣ Mainnet Protocol Upgrade Boosts Ecosystem Expectations
The Stable network will undergo v1.2.0 mainnet protocol upgrade on February 4th. The core improvements include upgrading USDT0 to a native Gas token, replacing the current gUSDT, and introducing zero-Gas transaction support and on-chain signal notifications for staking withdrawal delegation. This upgrade not only optimizes the network’s economic model but also enhances the Solidity compatibility of the STABLE token, providing a better development experience and promoting ecosystem application expansion and user base growth.

2️⃣ PayPal Stablecoin PYUSD Ecosystem Integration Strengthens Application Scenarios
PayPal’s issued USD stablecoin PYUSD has officially gone live on the Stable network, marking the entry of a leading global payment company’s assets into Stable’s payment ecosystem. The integration of PYUSD not only enhances the real-world application scenarios of Stable network as a stablecoin payment infrastructure but also, through PayPal’s large user base and merchant network, provides institutional-level liquidity and application demand support, further validating the network’s value proposition as a stablecoin settlement hub.

3️⃣ Ecosystem Expansion Expectations and Market Sentiment Align
The rapid progress of the Stable network in the payment infrastructure sector, combined with mainnet upgrades and the onboarding of top stablecoins, creates clear expectations for ecosystem expansion. The market recognizes the network’s ability to solve issues like stablecoin liquidity fragmentation and unpredictable fees. This positive outlook on the network’s prospects has translated into upward momentum for the token price, helping STABLE stand out in the market and rank among the top gainers over the past 24 hours.

This message is not investment advice; please be aware of market volatility risks.