Gate News Bot Update, February 26 — According to CoinMarketCap data, at press time, POWER (Power Protocol) is trading at $0.99, up 33.67% in the past 24 hours. The highest price reached $1.19, while the lowest dropped to $0.35. The current market cap is approximately $210 million, an increase of $52.9 million from yesterday.
Recent Major News for POWER:
1️⃣ Institutional Capital Continues to Flow In, Driving Valuation Up
Bitkraft recently invested $3 million in Power Protocol. The entry of institutional investors provides strong financial backing and market confidence for the project. Such large-scale institutional funding typically indicates recognition of the project’s long-term value and attracts more market participants to the token.
2️⃣ AI and Energy Infrastructure Demand Boost Market Expectations
As AI applications become widespread, demand for electricity in AI data centers has surged. Payments between machines and energy flow needs have become new market focal points. Power Protocol, as a key infrastructure intersecting energy and blockchain, has gained significant market attention in this context.
3️⃣ Advancement of Blockchain Solutions in the Energy Sector
Global energy companies are increasingly interested in Bitcoin mining and blockchain technology. Managing and optimizing energy costs has become a key industry focus. Power Protocol’s potential applications in energy trading and cost efficiency are being reevaluated, providing solid fundamental support for the token’s price increase.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
[Midnight Market Briefing] Cryptocurrency market fluctuates... Bitcoin $64,449, Ethereum $1,888
The cryptocurrency market is experiencing a downward correction, with Bitcoin and Ethereum falling by 2.20% and 2.86% respectively. The performance of mainstream altcoins is mixed. The total market capitalization is approximately $2.23 trillion. Both the DeFi market and stablecoins have seen slight declines. Strategically, it is necessary to consider whether the decline should be viewed as a buying opportunity.
TechubNews29m ago
Polygon Strengthens Global Payments Role with Brazil’s BBRL Stablecoin Launch
Grupo Braza, one of Brazil’s largest foreign exchange banks, has launched BBRL, a new stablecoin on the Polygon network.
BBRL is backed by reals in reserve, expanding the reach of Brazil’s national currency in global digital finance as CBDC development slows down.
Grupo Braza, one of Brazil’
CryptoNewsFlash52m ago
Pi Network Rolls Out Phase 2 Protocol Upgrades With Mandatory Node Deadline
Pi Network set March 1 as the mandatory deadline for Step 2 upgrades, and Mainnet nodes that miss it risk losing network connectivity.
The update advances Pi’s protocol path toward newer Stellar consensus versions, with the Core Team targeting version 23 by June 2026.
Pi Network has
CryptoNewsFlash2h ago
Vitalik Buterin Unveils 4-Year Roadmap for Faster, Quantum-Resistant Ethereum
Vitalik Buterin has proposed a four-year plan under which Ethereum will achieve quantum resistance via new hash-based signatures and quantum-resistant cryptography.
Buterin has sold nearly 17,200 ETH, surpassing his stated target of 16,384 ETH which he said he’d sell to support ecosystem
CryptoNewsFlash2h ago
Pi Network Migration Hits 50M Daily as Team Flags GCV Scams
Pi Network news today shows its activity picking up speed again. At least according to the community updates shared on February 28. A prominent Pi community member claimed the network is now mapping roughly 50 million Pi coins per day to Mainnet wallets. The update quickly spread among Pioneers
Coinfomania5h ago
Hedera Expands Exchange Access as Kraken Prepares New Network Support
Kraken is bringing Hedera EVM and the Hedera Token Service (HTS) to its platform, allowing the exchange to support direct withdrawals and deposits of HTS-native tokens.
Kraken recently introduced regulated perpetual futures contracts based on tokenized stock, and Flexline, a crypto-backed
CryptoNewsFlash5h ago
