CandleFocus Layer-1 Zero-Knowledge Platform Leaps After Sudden Surprise Coinbase Listing
2024-09-19
Author: Content Editor
The native token of privacy-focused blockchain Aleo, ALEO, has seen a rise in its price after being listed on leading US crypto exchange Coinbase. Coinbase has listed ALEO under the experimental label, which indicates a high-volatility asset that is new to the platform. Aleo's protocol prioritizes privacy and scalability by utilizing zero-knowledge proofs, allowing users to prove possession of certain values without revealing their actual value. In addition to listing ALEO, Coinbase will also support custody and other programs for the network. ALEO's price is currently trading at $3.39, up approximately 6% from its launch.
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