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YALA (Yala) has fallen 43.97% in the last 24 hours.
Gate News Bot news, on July 23, according to CoinMarketCap data, as of the time of writing, YALA (Yala) is currently priced at $0.23, falling 43.97% in the last 24 hours, with a high of $0.42 and a low of $0.18. The current market capitalization is approximately $57.1 million.
Yala is a platform that mints $YU stablecoin by over-collateralizing Bitcoin, aiming to unlock the liquidity of Bitcoin in DeFi, real assets, and global payments. Yala offers true autonomy: self-custody, low liquidation risk, and full Bitcoin exposure. The project drives liquidity, adoption, and growth through a virtuous cycle of long-term Bitcoin demand.
Important news about YALA recently:
1️⃣ Yala mainnet officially launched, releasing Bitcoin cross-chain liquidity The Yala mainnet has officially launched, aiming to unleash the liquidity of Bitcoin in the DeFi and real asset sectors. The platform allows users to mint $YU stablecoins by over-collateralizing Bitcoin, providing Bitcoin holders with new liquidity options and is expected to attract more users to participate in the Yala ecosystem.
2️⃣ Yala launches RealYield market, connecting Bitcoin with the returns of real assets Yala announced the launch of the RealYield market, a Bitcoin-driven platform for real asset yields. This market will provide users with more diversified investment options, which is expected to increase the utility and attractiveness of the Yala platform, thereby impacting the value of the YALA token.
3️⃣ Yala achieves cross-chain integration with the Solana ecosystem Yala has successfully introduced its Bitcoin liquidity solution into the Solana ecosystem, a move that expands Yala's application scope and provides Solana users with new Bitcoin liquidity options. This cross-chain integration may increase the demand and use cases for the YALA token.
Despite Yala's positive progress in technology and ecosystem, the price of the YALA token has still seen a significant fall. This may reflect broader market sentiment or short-term investor behavior, and investors should closely monitor the project's long-term development and market response.
This message is not an investment advice; investment should be cautious of market volatility risks.