CKB (Nervos Network) rose 43.51% in 24 hours.

Gate News Bot news, July 21, according to CoinMarketCap data, as of the time of writing, CKB (Nervos Network) is currently priced at $0.0064, with a rise of 43.51% in the last 24 hours, reaching a high of $0.0074 and a low of $0.004. The current market capitalization is approximately $299 million, an increase of $90.7 million compared to yesterday.

Nervos Network is a modular blockchain network designed to provide excellent security, decentralization, flexibility, and interoperability. Its foundational layer, CKB (Common Knowledge Base), is based on the RISC-V architecture and employs a proof-of-work consensus mechanism, making it the most flexible and interoperable blockchain currently on the market. CKB is the first fully Bitcoin-compatible Layer 2 solution, enhancing Bitcoin's programmability and scalability through the RGB++ protocol, UTXO Stack, and the CKB Lightning Network, without relying on cross-chain bridges. CKB utilizes a proven proof-of-work consensus algorithm to ensure outstanding security and decentralization under various conditions. It is a truly decentralized, permissionless blockchain with unique resistance to capture by hostile actors.

Important news about CKB recently:

1️⃣ CKB Ecosystem Fund Strategic Investment in SilentBerry The CKB ecosystem fund has made a strategic investment in the blockchain publishing platform SilentBerry. This initiative aims to promote the application of blockchain technology in the publishing field, which is expected to bring new application scenarios and user groups to CKB, thereby enhancing the diversity and value of its ecosystem.

2️⃣ Alchemy Pay and CKB Eco Fund Reach Cooperation Payment solution provider Alchemy Pay has established a partnership with the CKB ecosystem fund to simplify the purchasing process of CKB. This collaboration helps to enhance the accessibility and liquidity of CKB, providing convenience for more investors and users, thus driving the adoption rate and market demand for CKB.

3️⃣ CKB RISC-V architecture draws attention The design of CKB based on the RISC-V architecture has attracted widespread attention in the industry. This innovative architecture provides unprecedented programmability for blockchain, with the potential to attract more developers into the CKB ecosystem, driving technological innovation and application development.

From a technical perspective, CKB's RISC-V architecture and its Layer2 solutions that are isomorphic to Bitcoin provide it with unique technical advantages. On the fundamental side, the strategic investments from the ecological fund and the establishment of partnerships indicate that the project is actively expanding its application scenarios and market influence. These factors may be important reasons driving the recent rise in CKB's price.

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