HAEDAL (Haedal Protocol) 24-hour pump 37.75%

Gate News Bot news, July 11, according to CoinMarketCap data, as of the time of writing, HAEDAL (Haedal Protocol) is currently priced at 0.18 USD, having risen 37.75% in the last 24 hours, with a peak of 0.18 USD and a low of 0.12 USD. The 24-hour volume reached 115 million USD. The current market capitalization is approximately 37.4 million USD, an increase of 10.3 million USD compared to yesterday.

Haedal is a liquidity staking protocol built on the Sui blockchain that allows users to stake SUI tokens to earn haSUI, a token that can be used to participate in various DeFi activities for additional returns. Haedal’s main features include one-click liquidity staking, no lock-up period, and high DeFi yields. The protocol also supports staking of WAL tokens to earn haWAL tokens. Haedal aims to enable haSUI and haWAL to be widely used in the Sui ecosystem, including DEX, lending protocols, CDP protocols, and options trading platforms.

Important news about HAEDAL recently:

1️⃣ Haedal Protocol launches innovative liquid staking solution Haedal Protocol, as a liquidity staking protocol on the Sui blockchain, has launched a one-click liquidity staking feature that allows users to stake SUI tokens to earn haSUI without a lock-in period. This innovative solution greatly enhances the flexibility for users to participate in DeFi activities, helping to attract more users into the Sui ecosystem.

2️⃣ Haedal extends support for WAL token staking In addition to supporting the staking of SUI tokens, the Haedal protocol has also expanded its functionality to support the staking of WAL tokens to obtain haWAL tokens. This initiative further enriches Haedal’s product line, providing users with more diversified staking options and is expected to attract more WAL holders to participate in the Haedal ecosystem.

3️⃣ Haedal actively expands the application scenarios of the ecosystem Haedal is committed to promoting the widespread application of haSUI and haWAL in the Sui ecosystem. Currently, these tokens are available for use in various DeFi sectors, including DEX, lending protocols, CDP protocols, and options trading platforms. This diversification of application scenarios helps to enhance the utility and liquidity of Haedal tokens, thereby increasing their market appeal.

From a technical perspective, the HAEDAL token price has experienced a significant rise in the short term, which may pose a risk of a pullback. Investors should closely monitor the development of the Haedal Protocol within the Sui ecosystem, as well as its practical applications in the DeFi sector, as these factors will directly impact the long-term value of HAEDAL.

This message is not intended as investment advice; investors should be aware of market volatility risks.