SEDA (SEDA Protocol) has pumped 32.40% in the last 24 hours.

Gate News Bot news, on October 27, according to CoinMarketCap data, as of the time of publication, SEDA (SEDA Protocol) is currently priced at $0.20, with a rise of 32.40% in the last 24 hours, reaching a high of $0.22 and a low of $0.06, with a 24-hour volume of $7.78 million.

SEDA is a programmable oracle infrastructure platform designed to support any use case. It allows developers to deploy specific application oracle programs within seconds, accessing any public or private data, including multiple institutional-grade quality data providers. SEDA's interoperability validation module is a robust framework that can create secure validations for any bridging or chain abstraction framework. The platform supports over 11 million symbols and 18 million tokens, providing custom oracle support within 1 minute.

Important news about SEDA recently:

1️⃣ SEDA launches flagship verification module, targeting $120 billion market The SEDA protocol recently launched its flagship verification module, aimed at providing security for cross-chain bridges and inter-chain communication. The module's goal is to serve the cross-chain asset market valued at approximately $120 billion, which is expected to significantly enhance SEDA's position and influence in the field of blockchain interoperability.

2️⃣ SEDA ecosystem expansion, supporting more tokens and data sources The SEDA platform currently supports over 18 million tokens and 11 million symbols, significantly enhancing its practicality and applicability as an oracle infrastructure. This extensive support capability allows SEDA to stand out in the highly competitive oracle market, attracting more attention from developers and project parties.

3️⃣ Enhanced Customization Capabilities Improve User Experience The SEDA protocol can provide custom oracle support within 1 minute, greatly improving development efficiency. This feature gives SEDA a significant advantage in the rapidly changing cryptocurrency and DeFi markets, and may be one of the important driving factors behind the recent price rise.

From a technical perspective, the price of SEDA has shown a significant rise in the short term, but it has also been accompanied by considerable volatility. Investors should closely monitor its price support and resistance levels to assess the potential risk of a short-term correction.

This message does not constitute investment advice; investors should be aware of market volatility risks.