HEMI (Hemi) rose 18.36% in the last 24 hours.

Gate News Bot message, on November 25, according to CoinMarketCap data, as of the time of writing, HEMI (Hemi) is currently priced at 0.02 USD, with a rise of 18.36% in the last 24 hours, reaching a high of 0.02 USD and a low of 0.02 USD. The current market capitalization is approximately 22.7 million USD, an increase of 3.52 million USD compared to yesterday. It is currently ranked 707th in the market capitalization of Crypto Assets.

Hemi is a blockchain project focused on the programmability of Bitcoin, aiming to combine the security of Bitcoin with the flexibility of Ethereum. The project achieves Bitcoin-level security through the Proof-of-Proof (PoP) consensus mechanism while maintaining the speed and flexibility of a second-layer network. The Hemi Virtual Machine (hVM) encapsulates a full Bitcoin node within the EVM, allowing developers to create applications that interact directly with Bitcoin data.

Important news about HEMI recently:

1️⃣ Successfully raised $15 million to promote development The Hemi project completed $15 million in financing before the token issuance, providing strong financial support for its focus on Bitcoin's programmability Layer 2 solutions. This funding will be used to expand Hemi's technical infrastructure and accelerate its innovations in connecting the Bitcoin and Ethereum ecosystems.

2️⃣ Trump-related companies focus on Hemi technology A company associated with Trump is considering using Hemi's Bitcoin programmability technology to build a Bitcoin Treasury ETF platform. This potential high-profile application scenario has attracted widespread market attention, demonstrating the potential of Hemi technology in the field of financial innovation.

3️⃣ Mainnet launch releases $440 million value The Hemi network officially launched a mainnet worth $440 million, aimed at unifying the Bitcoin and Ethereum ecosystems. This significant milestone marks the entry of the Hemi project into a substantive operational phase, laying the groundwork for future application development and ecosystem expansion.

From a technical perspective, Hemi's Layer 2 solution successfully combines the high security of Bitcoin with the flexibility of Ethereum through its innovative Proof-of-Proof (PoP) consensus mechanism. This technological breakthrough offers new possibilities for decentralized application developers and is expected to attract more projects and users into the Hemi ecosystem.

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