Layer-1 Decentralized Blockchain Oasis Network (ROSE) Gains 23.9% in 24 hours
The volatile cryptocurrency market is trading sideways on August 3, with the total market value increasing by 1.60 percent in the previous 24 hours to 1.51 trillion U.S. dollars. In contrast to Bitcoin, Solana, Stellar, etc., which are trading down today, cryptocurrencies like as Ethereum, Cardano, Polkadot, and Avalanche have increased over the last day.
Synthetix and Oasis Network are two cryptocurrencies that are attracting the interest of crypto enthusiasts and seeing price increases. The Oasis Network is a popular layer-1 decentralized blockchain platform that offers users enhanced privacy. It provides a cutting-edge foundation for Web3 with its low-cost gas and high throughput.
The network provides the capacity to tokenize data and execute privately held smart contracts on a distributed ledger with the added benefit of a highly scalable infrastructure. More than that, it is the driving force behind NFTs, the Metaverse, etc. Oasis Network is the premier blockchain that prioritizes user privacy, allowing users to safely exchange data for financial gain.
Oasis Network’s native token, ROSE, may be staked, spent, delegated, and utilized in a variety of other ways. The digital currency, which is presently ranked 89th among the top cryptos globally in terms of market cap, is available for purchase on major cryptocurrency exchanges including as Binance, KuCoin, Bitfinex, Gate.io, and others. Oasis has risen 24% from the beginning of the day to a price of $0.1052 at the time of this report’s preparation.