This $FHE has been quite intense recently.
The price trend has skyrocketed: currently around 0.05U, it has increased by 247% in just a few days since December 7, nearly 2.5 times. On December 9, it surged by 55% in a single day and is still listed on Binance's gainers board, with contract trading volume reaching 19th place on the platform, visibly hot.
However, I feel that this wave is not entirely driven by emotional speculation. The Fully Homomorphic Encryption (FHE) behind $FHE has been rapidly implemented recently, with several substantial developments worth watching:
Clinging to the giants: It has become the first officially integrated FHE project by DeepSeek (checkable on Github), and has also connected with ByteDance's Volcano Engine MCP and Coze platform, and Lark is using it as well. Web2 scenarios are truly opening up.
The product is not just for show: Their Agentic World has already become a cryptographic network running over 60,000 AI Agents; the FHE cross-chain bridge is collaborating with Chainlink to pursue regulatory compliance and RWA routes; and the World AI Health Hub created with ZAMA is also a solid application.
Cloud service-level recognition: Providing exclusive FHE security support for Alibaba Cloud × DeepSeek's cryptographic AI reasoning—this means the technology has entered the commercial production stage, no longer just theoretical.
In simple terms, FHE is transitioning from a "technical concept" to "useful infrastructure." Currently, the market value is still small, with a total of 12.5 million USD raised in two funding rounds (with investments from Binance Labs and Animoca), but the track is privacy computing + AI repeatedly emphasized by Vitalik, and the story is strong enough.
If you are looking for targets with technology, products, and partnerships that are just starting to gain momentum, $FHE is worth keeping an eye on. I think this price surge might just be a warm-up.
#FHE #crypto #Binance