FHE token surges 35% in 24 hours, paving the way for post-quantum encryption technology to move towards commercial application

Mind Network’s FHE token today experienced a strong surge, with a 24-hour increase of 35.60%, and its market capitalization surpassed $16.8 million. Behind this rise reflects a critical moment in the transition of Fully Homomorphic Encryption (FHE) technology from academic research to practical application. With the release of the NIST post-quantum cryptography standards and the advancement of exchange-level applications, this type of privacy-preserving technology is gaining widespread market recognition.

The Logic Behind Price Performance

Continuous Growth Across Multiple Timeframes

According to the latest data, FHE has not only shown significant gains over 24 hours but also maintained a steady upward trend over the longer term.

This sustained growth across multiple timeframes indicates that it is not short-term speculation but a gradual market recognition of the project’s fundamentals. The 24-hour trading volume reached $9.46 million, a 58.48% increase from the previous day, showing a clear rise in trading activity.

Quantitative Indicators of Market Attention

Regarding token supply, FHE has a total supply of 1 billion, with a current circulating supply of 351 million, and a circulation rate of 35.10%. The fully diluted market cap corresponding to a valuation of $16.8 million is approximately $47.79 million, positioning it reasonably among emerging crypto projects.

Why FHE Technology Deserves Attention

From Theory to Practical Application

Mind Network utilizes Zama’s homomorphic encryption technology, whose core value lies in enabling data processing without decryption. What does this mean in blockchain scenarios? It allows for true privacy-preserving computations directly on the public and transparent chain—smart contract logic can be verified by everyone, while the data remains encrypted and protected.

This feature is especially important for AI agent economies. Mind Network is targeting this direction, providing confidential payment infrastructure for AI Agents. The project’s core products include:

• MindChain: The first FHE chain designed specifically for AI agents
• AgenticWorld: An AI zero-trust paradigm built on the HTTPZ protocol
• Mind Bridge: Providing FHE-secured cross-chain interoperability
• x402z Mechanism: Enabling autonomous A2A payments and confidential settlements

Official Endorsement of Post-Quantum Cryptography

The lattice cryptography scheme used by Mind Network has received official approval from NIST in 2024, becoming a standard for post-quantum encryption. This is not just self-promotion by the project team but an authoritative certification from the National Institute of Standards and Technology (NIST). What does this imply?

In the context of increasing threats from quantum computing, existing encryption methods like RSA may face cracking risks. NIST’s certification indicates that lattice cryptography can theoretically resist quantum attacks. This provides long-term security endorsement for projects like Mind Network that adopt this technology.

Practical Data on Ecosystem Development

From the project’s ecosystem indicators, Mind Network has already formed a preliminary application scale:

• Total funding: $12.5 million, supported by Ethereum Foundation, Chainlink, and others
• Community size: 237,300 CitizenZ members
• Active agents: 865 FHE-protected agents
• Number of transactions: 26.39 million encrypted transactions
• Exchange coverage: FHE has been listed on 119 active markets

These metrics demonstrate that Mind Network is not just a conceptual project but has an active user base and trading activity.

Reflection on Market Significance

From a broader perspective, the rise of FHE reflects market recognition of several key trends:

Urgency of Privacy Computing. In the AI era, data privacy protection becomes increasingly critical. Traditional privacy solutions often sacrifice computational efficiency, whereas FHE offers a new path.

Imagination Space for AI Agent Economy. As AI agents become more autonomous and complex, their payments and settlements require new infrastructure. Mind Network is filling this gap.

Practical Demand for Post-Quantum Cryptography. Although the quantum threat is not imminent, projects that proactively adopt post-quantum cryptography are gaining market attention.

Summary

The 35.60% increase in FHE is not an isolated event but the result of multiple factors working together: technology moving from theory to application, official standard certification, ecosystem development, and market discovery of new tracks. As an important participant in the FHE ecosystem, Mind Network’s token surge reflects market recognition of this technological direction.

Of course, the crypto market is inherently volatile, and short-term gains do not guarantee long-term trends. But from the perspective of technological prospects and application potential, the FHE track indeed warrants ongoing attention.