FHE 24-hour increase of 19.93%, why has the privacy computing track suddenly heated up?

FHE (Mind Network) has increased by 19.93% in the past 24 hours, currently trading at $0.19, reaching a high of $0.22. More notably, this is not an isolated daily anomaly — over the past 7 days, FHE has surged by 343.28%, and over the past 30 days, the increase has reached 272.48%. Its market capitalization has also grown to $67.9 million, up $11.3 million from yesterday. Behind these figures reflects a broader warming trend in the privacy computing sector.

The Triple Drivers of Short-Term Price Growth

Expanded Exchange Coverage

On January 15, the Aster platform added FHE, further broadening investors’ trading channels. The enhancement of the exchange ecosystem directly improves the token’s liquidity and accessibility, making it easier for more funds to participate. According to the latest data, FHE is traded on 125 active markets with a 24-hour trading volume of $60.32 million, providing a solid market foundation for price increases.

Overall Warming of the Privacy Computing Sector

Fully Homomorphic Encryption (FHE) technology is becoming a focal point in cryptography. On the same day, privacy protocol Zama announced the launch of its mainnet staking feature, indicating accelerated development of the entire privacy computing ecosystem. FHE technology allows data to be processed without decryption, which is crucial for building privacy-preserving smart contracts. The improvement of open-source homomorphic encryption tools and the expansion of the application ecosystem further validate the practical value of this technology, with market enthusiasm for related projects continuing to rise.

Fundamental Support from Project Data

The Mind Network platform has accumulated over 94,000 CitizenZ users, 346 FHE protection agents, and more than 10.61 million encrypted transactions. These figures reflect market recognition of its application model. As the AI Agent economy rapidly develops, the demand for privacy and security among agents is increasing. Mind Network is directly targeting market needs through innovative products like x402z confidential payments, MindChain, and AgenticWorld.

Sector Hotspot and Project Positioning

FHE’s market positioning is becoming clearer. The community has already compared it to specialized privacy computing projects like RLC, NIL, and ROSE, positioning it as a representative token of “full homomorphic encryption.” Establishing this technical positioning means FHE is no longer seen solely as a speculative asset but now has long-term narrative support.

Trends to Watch

The rise of the privacy computing sector is not accidental. In the era of AI and big data, data privacy and security are essential. FHE technology, as one of the solutions, is expanding its application scenarios. From Zama’s ecosystem development to Mind Network’s user growth, all validate the sector’s growth potential.

Summary

The recent surge in FHE is supported by three clear factors: the improvement of exchange ecosystems enhancing liquidity, the overall warming of the privacy computing sector attracting attention, and the project’s actual application data providing fundamental support. This is not merely driven by sentiment but a comprehensive reflection of sector enthusiasm, liquidity improvements, and application progress. However, it’s important to note that the 343% increase over the past 7 days already reflects high expectations, and future performance will still depend on market volatility and the project’s actual development.