FHE (Mind Network) 24-hour increase of 31.38%

Gate News Bot Message, December 11th, according to CoinMarketCap market data, as of press time, FHE (Mind Network) is reported at $0.06, up 31.38% in the past 24 hours, with a high of $0.06 and a low of $0.01. The 24-hour trading volume reached $34.44 million. The current market cap is approximately $20.6 million, an increase of $4.93 million from yesterday.

Mind Network is a pioneer in Fully Homomorphic Encryption (FHE) infrastructure, dedicated to building a fully encrypted internet. Its core technology, FHE, is hailed as the “Holy Grail” of cryptography, built on lattice-based cryptography and recognized as a post-quantum cryptographic standard approved by NIST in 2024.

Mind Network has launched MindChain—the first FHE chain designed for AI agents—and the AgenticWorld platform, which provides secure decision-making mechanisms for AI agents through FHE consensus. Additionally, the HTTPZ protocol upgrade enhances traditional HTTPS, providing end-to-end encryption capabilities for the internet. Recently, DeepSeek has integrated Mind Network’s FHE Rust SDK for securing encrypted AI consensus.

Moreover, MindX is providing FHE encrypted AI services to global enterprise clients. The platform has received funding from mainstream CEX incubator S5, the Ethereum Foundation (two grants), and support from the Chainlink ecosystem program, with total funding reaching $12.5 million. Currently, over 39 million FHE tokens are staked, and more than 20 FHE ecosystem partners have completed integration.

FHE Market Drivers Analysis

Recent important news about FHE:

1️⃣ Accelerated Deployment of AI Privacy Computing Applications DeepSeek integrated Mind Network’s FHE Rust SDK for encrypting AI consensus, marking the transition of FHE technology from theoretical research to practical application in AI. Fully Homomorphic Encryption enables data computation and processing while protecting data privacy. This feature’s application in AI large models and intelligent decision-making is gradually being validated, providing substantial support for the value discovery of FHE technology.

2️⃣ Deepening Ecosystem Partner Integration Mind Network has integrated with over 20 ecosystem partners including Google, DeepSeek, Chainlink, EigenLayer, and Pendle. Over 39 million FHE tokens are staked, indicating ongoing expansion of project ecosystem participation and practical application scenarios. The deep integration of ecosystem partners suggests FHE technology is evolving from pure cryptographic innovation to fundamental infrastructure with diverse application prospects. This improved ecosystem robustness directly strengthens investor confidence in the project’s long-term value.

3️⃣ Post-Quantum Cryptography Standard Recognition Boosts Technological Value In 2024, NIST approved the post-quantum cryptographic standard based on lattice cryptography for FHE, conferring international authoritative certification to fully homomorphic encryption technology. This endorsement is a milestone in modern cryptography development, indicating FHE has moved from academic research to official recognition, with its application potential and security validated by authoritative institutions. This further enhances market recognition of the technology’s long-term strategic value.

From recent three-day trends, following a 140.58% increase since December 8th, FHE has maintained an upward momentum, with a strong 47.23% rise on December 9th, reaching $0.06 and increasing by 31.38% on December 11th, with a cumulative rise approaching 200%. This sustained upward trend reflects ongoing market enthusiasm; however, the short-term surge may bring profit-taking pressure. Investors should monitor support levels at high prices.

This message is for informational purposes only and does not constitute investment advice. Please be aware of market volatility risks.