QKC (QuarkChain) rose 35.64% in the last 24 hours.

Gate News Bot news, July 31, according to CoinMarketCap data, as of the time of writing, QKC (QuarkChain) is currently priced at $0.01, with a rise of 35.64% in the last 24 hours, reaching a maximum of $0.01 and a minimum drop to $0.01. The current market capitalization is approximately $70.1 million, an increase of $1.84 million compared to yesterday.

QuarkChain is a project dedicated to building a "super world computer" aimed at providing a highly scalable, secure, and fully decentralized L2 solution with on-chain verifiable storage, serving as the ultimate infrastructure for AI and decentralized applications. QKC achieves mass adoption through the Soul Gas Token, allowing users to pay transaction fees with non-transferable gas tokens, providing a seamless Web2-like experience for new users. The project also enhances computational performance through parallel EVM, leverages EthStorage as L3 to reduce storage costs, and transforms EVM into an unstoppable Web server via Web3 access protocols. Additionally, QuarkChain introduces advanced error-proof algorithms to accelerate settlement times and significantly reduce costs.

Recent important news about QKC:

1️⃣ QuarkChain technology upgrade drives price pump QuarkChain recently launched a series of technical upgrades, including parallel EVM and EthStorage as L3 storage solutions, which significantly improve network performance and efficiency. The implementation of parallel EVM greatly enhances computing power, while the introduction of EthStorage effectively reduces storage costs. These technological advancements have a positive impact on QKC and may be one of the key factors driving its price rise.

2️⃣ Web3 Access Protocol Enhances User Experience QuarkChain has transformed the EVM into a more powerful Web server by implementing the Web3 access protocol, a move that greatly improves the user experience. This protocol makes interaction with the blockchain more convenient, potentially attracting more users and developers to join the QuarkChain ecosystem, thereby increasing the demand for QKC token.

3️⃣ Soul Gas Token Innovation Promotes Mass Adoption The Soul Gas Token mechanism introduced by QuarkChain provides users with a seamless Web2-style experience, making it easier for new users to enter the cryptocurrency space. This innovative gas payment method lowers the entry barrier, potentially driving broader adoption, which could be another important factor behind the rise in QKC prices.

From a technical perspective, the price of QKC has broken through several important resistance levels, indicating strong upward momentum. However, investors should still closely monitor the overall market trend and potential pullback risks.

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