Phala Network’s PHA Token Trends on CoinMarketCap: What is the Project, and Why Haven’t We Heard About It Before?

Phala Network, a lesser-known project in the cryptocurrency space, has recently gained attention as its native token, PHA, started trending on CoinMarketCap. With the sudden surge in interest, many are left wondering about the project’s background, its team, and whether it’s a bullish or bearish signal for the token.