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PHA Market Position Amid Migration
Pulse of the market
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The Phala (PHA) token is set to re-launch as an ERC-20 on Ethereum. Holders keep parity at a 1:1 swap.
As of October 2025:PHA market cap: $80.6M
Ranked 11th largest AI-agent token
Among the top 50 AI-related crypto assets (CoinGecko)
Phala says the move will position it as a scalable, enterprise-ready AI cloud compute network.
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Migration phases are always tricky, but if PHA can maintain network stability and liquidity, this could set a stronger long-term base.
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The short-term volatility might be high, but the fundamentals still look solid. Smart investors usually build positions in times like this.
