Decentralized Science Protocols Take Over, BIO Skyrockets 27%
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DeFi protocol
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Decentralized Science protocols surge as BIO skyrockets 27% overnight to five-month peak following Bithumb listing with 91% weekly gains and AI-powered research tools.
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Anas Hassan
Crypto Journalist
Anas Hassan
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Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.
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Last updated:
29 minutes ago
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The Decentralized Science (DeSci) protocol BIO Protocol (BIO) has shown remarkable momentum once again, surging over 27% in the overnight session of August 22 to achieve a five-month peak of $0.1976.
This latest rally has pushed the token’s weekly gains to 91%, while the blockchain-powered scientific research protocol has accumulated nearly 200% in gains throughout August alone.
A substantial portion of these gains can be attributed to its recent listing on the Bithumb exchange.
AI-Powered Decentralized Science Protocol Unlock Research Revolution.
Beyond top crypto exchanges like Binance and Bithumb, BIO has secured listings across multiple tier-one exchanges, including Coinbase (the leading US crypto exchange), OKX, Bitget, Gate.io, and KuCoin.
These strategic listings have contributed to BIO’s exceptional 24-hour trading volume of $637 million, nearly double its $329 million market capitalization.
Market analysts anticipate that BIO token’s next adoption wave will stem from its BioAgents technology, particularly its capability to enable AI-powered tools for hypothesis testing and scientific simulations.
The project has also gained substantial credibility within the crypto community from influential figures, including Changpeng Zhao, former Binance founder, who has repeatedly expressed interest in DeSci initiatives and supported the project through Binance Labs (now YZ Labs).
Similarly, Ethereum co-founder Vitalik Buterin has endorsed both the protocol and...
https://cryptonews.com/news/decentralized-science-protocols-take-over-bio-skyrockets-27-overnight/
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