OVPP (OpenVPP) has risen 31.22% in the last 24 hours.

Gate News Bot news, September 26, according to CoinMarketCap, as of the time of writing, OVPP (OpenVPP) is currently priced at $0.05, with a 31.22% rise in the last 24 hours, reaching a high of $0.12 and a low of $0.04. The current market capitalization is approximately $44 million, an increase of $1.05 million compared to yesterday.

OpenVPP is the world's first decentralized payment and tokenization layer for the $10 trillion electricity industry. The project aims to build an "energy internet," including a stablecoin payment layer, DNS for distributed energy resources, energy tokenization, and on-chain energy pricing oracles, among other features. OpenVPP is led by Parth Kapadia, who has a background in the electricity industry, and the team members come from several energy giant companies. The project is committed to bringing the $10 trillion electricity industry to the blockchain, providing decentralized, 24/7 stablecoin bookkeeping, usage tracking, payment, and physical asset tokenization solutions for energy utilities.

Important news about OVPP recently:

1️⃣ Gate trading start time adjustment OpenVPP (OVPP) trading on the Gate platform will have its opening time adjusted, and the specific opening time has not yet been determined. This change may impact investors' trading strategies and market expectations, and is one of the potential factors for short-term price fluctuations of OVPP.

2️⃣ Alpha platform launched OVPP has been successfully launched on the Alpha platform. This marks a new progress for the OpenVPP project in expanding trading channels, which helps to improve the liquidity and market exposure of OVPP, and may be an important factor in driving its 24-hour rise of over 30%.

3️⃣ Prospects of Blockchain Applications in Public Utilities OpenVPP, as a decentralized payment and tokenization platform focused on the global utility sector, has attracted the attention of investors due to its unique market positioning. The project is committed to building an energy internet by integrating distributed energy resources (DER) and advanced metering technologies, providing innovative solutions for the $10 trillion electricity industry. This potential may serve as a long-term driving force supporting the rise of OVPP market capitalization.

From a technical perspective, the significant rise of OVPP within 24 hours may trigger short-term pullback risks. Investors should closely monitor its performance on the new trading platform and the specific launch time on Gate in the future, as these factors may have a significant impact on OVPP's price trend.

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