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Cherry Network news
About Cherry Network
The Cherry Project is a Decentralized Autonomous Organization developing a layer one blockchain network optimized for data operations. Cherry serves as a purpose-specific infrastructure for decentralized applications handling data. Built on Substrate, it implements state-of-the-art cryptographic standards to provide for second layer scalability (zkSNARKs) and features a node-level IPFS integration that allows the Cherry Virtual Machine to natively interface with an indexed queryable data storage and referencing facility. This novel native node to IPFS communication mechanism allows smart contracts to interact with an updated state of the data in runtime. These advanced features come prebuilt in our core and are accessible on other blockchains through Cherry’s interoperability channels. Decentralized applications built on Cherry or many of the most renowned decentralized networks can now leverage Cherry’s features to augment their dApps. Most of the complexities of building-integrated web3 applications handling data are, thus, abstracted away to the core, allowing smart contract developers to rely on a rich base layer toolkit, and ultimately focus on best serving their customers.
The live Cherry Network price today is $0.005443 USD with a 24-hour trading volume of $22,178.99 USD. We update our CHER to USD price in real-time. Cherry Network is up 4.83% in the last 24 hours. The current CoinMarketCap ranking is #3849, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Cherry Network at the current rate, the top cryptocurrency exchanges for trading in Cherry Network stock are currently Gate.io, and PancakeSwap v2 (BSC). You can find others listed on our crypto exchanges page.