PTB (Portal To Bitcoin) has risen 21.73% in the last 24 hours.

Gate News Bot news, on October 17, according to CoinMarketCap data, PTB (Portal To Bitcoin) is currently priced at 0.04 USD, with a rise of 21.73% in the last 24 hours, reaching a high of 0.08 USD and a low of 0.03 USD. The current market capitalization is approximately 68.9 million USD, an increase of 1.23 million USD compared to yesterday. It is ranked 422.

Portal To Bitcoin is a project focused on making Bitcoin the settlement layer for millions of on-chain and real-world markets. Its core product BitScaler is the only trustless multi-party channel solution for scaling Bitcoin to support DeFi and other applications. Portal also provides a bridge-less multi-chain infrastructure, including liquidity routers, cross-chain DEX, etc., aimed at enabling fast and low-cost cross-chain economic activities.

Important news about PTB recently:

1️⃣ BitScaler technology breakthrough drives price rise The core product BitScaler of Portal To Bitcoin, as the only trustless multi-party channel solution, has made significant progress in expanding Bitcoin's support for DeFi and other applications. This technological breakthrough is expected to significantly enhance the scalability and usability of the Bitcoin network, bringing more attention and demand to PTB.

2️⃣ Accelerating Cross-Chain Ecosystem Development Portal To Bitcoin is actively advancing the construction of its bridge-less multi-chain infrastructure, including core components such as liquidity routers and cross-chain DEXs. These advancements will provide users with a more convenient and efficient cross-chain trading experience, helping PTB to occupy an important position in the cross-chain economy.

3️⃣ Market demand for Bitcoin scaling solutions is increasing With the continuous rise of activity in the Bitcoin network, the demand for efficient and secure scaling solutions is steadily increasing. Portal To Bitcoin, as a project focused on Bitcoin scaling, is gaining recognition from more and more investors for its value proposition, driving the price of PTB token to rise.

From a technical perspective, PTB shows a strong rising momentum after breaking through the previous resistance level, and it may continue to maintain a positive trend in the short term. However, considering the high volatility of the cryptocurrency market, investors still need to be cautious about potential pullback risks.

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