RDO (Reddio) rose 33.95% in 24 hours.

Gate News Bot news, on August 6, according to CoinMarketCap data, RDO (Reddio) is currently priced at $0.00096, with a rise of 33.95% in the last 24 hours, reaching a high of $0.00143 and a low of $0.00045. The 24-hour volume reached $9.02 million. The current market capitalization is approximately $1.82 million, an increase of $461,800 compared to yesterday.

Reddio is a high-performance parallel Ethereum-compatible layer 2 network that utilizes zero-knowledge technology to achieve unparalleled computational scale under Ethereum-level security. The project adopts multi-threaded parallel execution technology, supporting all transactions within the same block to be executed in parallel across multiple threads, fully utilizing multi-core servers to achieve high throughput and low transaction fees. Reddio has also undergone GPU acceleration optimization, using NVIDIA's CUDA parallel computing engine to optimize the EVM instruction set, significantly improving execution performance. As the first L2 network capable of achieving parallel EVM acceleration, Reddio provides the most reliable ZK proofs on Ethereum while ensuring high performance.

Important news about RDO recently:

1️⃣ Technical advantages recognized by the market Reddio, as the first L2 network to implement parallel EVM acceleration, brings groundbreaking performance improvements to the Ethereum ecosystem with its unique multithreading parallel execution technology and GPU acceleration optimization. This technological innovation effectively addresses blockchain scalability issues, significantly increases transaction processing speed, and reduces costs, thereby attracting more attention from developers and users.

2️⃣ Deepening of ZK Technology Applications Reddio provides the most reliable ZK proofs on Ethereum, further enhancing the security and credibility of the network. The deep application of zero-knowledge proof technology not only ensures the privacy of transactions but also improves verification efficiency, which is crucial for large-scale application scenarios.

3️⃣ Ecosystem Expansion With the demonstration of Reddio's technological advantages, more and more DApps and projects are beginning to be deployed and operated on the Reddio network. This expansion of the ecosystem brings more practical application scenarios and value support for the RDO token, driving the rise in token demand.

From a technical perspective, RDO has shown a strong rise after breaking through previous resistance levels and may continue to maintain an upward trend in the short term. However, investors still need to closely monitor the overall market sentiment and potential retracement risks.

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