Oasis(ROSE) - June 2024 Price Update - 7.35% Breakout Crypto News and Analysis

On June 4, 2024, at precisely 06:46 AM UTC, Oasis Network's native token, ROSE, experienced a significant breakout, surging by 7.35% to reach a price of $0.1152. This event marked a pivotal moment for the Oasis community, showcasing the network's potential and the increasing interest in its privacyfocused blockchain technology. The Oasis Network, known for its unique architecture that separates consensus and compute layers, has been making waves in the blockchain space. This recent price surge can be attributed to several strategic developments and partnerships that have significantly enhanced the network's visibility and credibility. The recent breakout of Oasis (ROSE) on June 4, 2024, marked a significant milestone for the cryptocurrency, achieving a 7.35% gain and reaching a price of $0.1152. This surge can be attributed to a series of strategic moves and developments that have bolstered its market position and investor confidence. Let's delve into the key reasons behind this price surge and explore the narrative that has captivated the crypto community.

Oasis, a pioneering layer 1 blockchain, is designed to enable scalability and confidential compute. It stands out with its unique architecture that separates consensus and compute layers, allowing for efficient and private execution of decentralized applications (dApps). The network is home to Sapphire, the first confidential EVM, which empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy. The recent breakout of ROSE is a testament to the growing recognition and adoption of Oasis's innovative solutions.

The primary reasons for the breakout are as follows:

Partnership with Google Cloud for Differential Privacy: Oasis Labs partnered with Google Cloud to pioneer differential privacy in data analytics and AI, significantly boosting visibility and credibility. This partnership underscores Oasis's commitment to advancing privacypreserving technologies and has garnered substantial attention from the industry.

Launch of Oasis PrivateSQL on Google Cloud Marketplace: The launch of Oasis PrivateSQL on Google Cloud Marketplace has increased adoption and recognition of Oasis's privacy tech. This development has driven the ROSE token price up by showcasing the practical applications of Oasis's technology in data analytics and privacy.

The partnership with Google Cloud is a gamechanger for Oasis. By integrating differential privacy into data analytics and AI, Oasis Labs has positioned itself at the forefront of privacypreserving technologies. This collaboration not only enhances the project's visibility but also validates its technological prowess. The announcement of this partnership led to a surge in investor confidence, as evidenced by the significant price increase of the ROSE token.

Furthermore, the launch of Oasis PrivateSQL on Google Cloud Marketplace has been a pivotal moment for the project. This privacypreserving data analytics product leverages Oasis's unique architecture to provide secure and efficient data processing solutions. The integration on a prominent platform like Google Cloud has amplified Oasis's reach and adoption, attracting new users and developers to the ecosystem. This increased adoption has directly contributed to the upward trajectory of the ROSE token price.

In conclusion, the breakout of Oasis (ROSE) is a result of strategic partnerships and innovative product launches that have enhanced the project's market position and investor confidence. The collaboration with Google Cloud and the launch of Oasis PrivateSQL are key milestones that underscore Oasis's commitment to advancing privacypreserving technologies. As the project continues to gain traction, it is poised to play a significant role in the future of decentralized applications and privacyfocused blockchain solutions. In conclusion, the recent breakout of Oasis's ROSE token is a testament to the network's strategic and technological advancements. The partnership with Google Cloud and the launch of Oasis PrivateSQL have significantly bolstered the project's visibility and credibility, driving increased adoption and investor confidence. As Oasis continues to innovate and expand its ecosystem, it is crucial for investors and developers to conduct thorough research (DYOR) to navigate the complexities of the cryptocurrency market effectively. The Oasis Network's unique approach to combining scalability and privacy positions it as a leader in the blockchain space, promising exciting developments in the future.

We have asked 39 Experty community members questions related to "Oasis(ROSE) - June 2024 Price Update - 7.35% Breakout Crypto News and Analysis". We have received many valuable replies, the best ones (based on Experty community feedback) you can read below.

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Explore the Core.

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Spot the Main Event:

Oasis is happy to announce a new partnership with Apillon to develop a non-custodial private key management with an open-source Oasis Account Abstraction Wallet SDK, which will be compatible with all EVM chains and beyond. The collaboration broadens the Oasis ecosystem’s accessibility and equips developers with powerful tools to innovate and onboard with less friction. A persistent issue in the adoption of Web3 technology is the onboarding process for users unfamiliar with the intricacies of mnemonics and private keys. Apillon’s integration with Oasis seeks to resolve this with a two-pronged approach: Oasis Account Abstraction Wallet SDK: This newly developed open-source toolkit facilitates the frontend integration of wallets, enhancing user interaction without compromising security. Apillon Wallet Service: This service focuses on backend wallet creation, managing payments, and executing necessary blockchain actions seamlessly in the background.

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Student

Explore the Core.

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Spot the Main Event:

excited to share more about their collaboration with IllumineX in launching a Liquidity Provider Incentive Program! Powered by a 400K ROSE grant from the Oasis Protocol Foundation, this initiative aims to enhance liquidity across specific pools. Traders can start with the following pools: 🔹ETH/ROSE 🔹bscBNB/ROSE 🔹ethUSDC/ROSE

📸 Show Us What You Found:

Student

Explore the Core.

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Spot the Main Event:

Oasis is happy to announce a new partnership with Apillon to develop a non-custodial private key management with an open-source Oasis Account Abstraction Wallet SDK, which will be compatible with all EVM chains and beyond. As a rapidly developing and key future element of Web3, account abstraction makes it easier to onboard new users to Web3 by making the wallet process and experience much smoother and less complex.

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Spot the Main Event:

There has been a series of updates one of which is the Polychain Monsters launching weekly tournaments on Oasis Sapphire every Sunday from 7pm - 9pm UTC with a $100 prize pool each week. Also after over a year of fine tuning and diligent planning, the AQTIS_IO / $AQTIS LST dApp went live at 12:00 UTC yesterday. Multiverse Testnet Campaign also recently went LIVE

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Explore the Core.

They don't seem to have any major problems they are solving currently Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains.

i'm graduate of electrical/electronics engineering. my interest is into online space and also crypto analysts

Explore the Core.

Oasis Protocol is a decentralized, open-source blockchain platform focusing on privacy-enabled, scalable, and versatile blockchain infrastructure. Oasis has set out to solve the blockchain privacy paradox by creating a privacy-first, scalable, Proof-of-Stake Layer-1 blockchain

Spot the Main Event:

Oasis Labs Partners with Google Cloud to Pioneer Differential Privacy in Data Analytics and AI

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Blockchain analyst and front end web designer.

Explore the Core.

Oasis is addressing the challenge of achieving scalability and maintaining privacy in blockchain technology. By integrating confidential compute capabilities into their layer 1 blockchain, Oasis enables developers to build decentralized applications (dApps) with Smart Privacy. This innovation ensures that sensitive data remains private while still allowing for efficient computation and scalability. Additionally, Oasis's partnership with Google Cloud and the launch of Oasis PrivateSQL further demonstrate their commitment to advancing privacy-preserving data analytics, catering to the needs of businesses and organizations seeking to leverage data without compromising individual privacy.

Spot the Main Event:

The recent partnership announcement between Oasis Labs and Google Cloud, along with the launch of Oasis PrivateSQL on the Google Cloud Marketplace, appears to have significantly impacted Oasis's price. This development signals a major milestone for Oasis Network, as it enhances the project's visibility and credibility within the industry. The integration of Oasis PrivateSQL on a prominent platform like Google Cloud signifies growing adoption and recognition of Oasis's privacy-preserving technologies, leading to increased investor confidence and driving up the price of the ROSE token.

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Owojori

Explore the Core.

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Spot the Main Event:

The price change is linked to their recent partnerships within a week: ocean protocol partnered with them to utilise the power of Oasis' Smart Privacy, why Ocean chose to build Predictoor_AI on Oasis Sapphire. google cloud partner with them to advance and enhance Oasis PrivateSQL which will help progress deferential privacy in AI & analytics They are at ethbelgrade discussing privacy in Web3 & AI where plenty investors are eager to invest in web3, AI privacy.

📸 Show Us What You Found:

Explore the Core.

Oasis Protocol is a decentralized, open-source blockchain platform focusing on privacy-enabled, scalable, and versatile blockchain infrastructure. It offers tools for confidential computation, enabling the development of privacy-focused decentralized applications (dApps).

Spot the Main Event:

collaboration with IllumineX in launching a Liquidity Provider Incentive Program! Powered by a 400K ROSE grant from the Oasis Protocol Foundation, this initiative aims to enhance liquidity across specific pools. Traders can start with the following pools: 🔹ETH/ROSE 🔹bscBNB/ROSE 🔹ethUSDC/ROSE

📸 Show Us What You Found:

Full stack developer and a block chain specialist.

Explore the Core.

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Spot the Main Event:

The price pump is due to their recent partnerships within a week: ocean protocol partnered with them to utilise the power of Oasis' Smart Privacy, why Ocean chose to build Predictoor_AI on Oasis Sapphire. google cloud partner with them to advance and enhance Oasis PrivateSQL which will help progress deferential privacy in AI & analytics.

📸 Show Us What You Found:

Explore the Core.

The Oasis Network is a privacy-focused, scalable blockchain platform designed to enable a responsible data economy. Its key features include: Two-layer architecture: The Consensus Layer secures the network using proof-of-stake, while the ParaTime Layer handles computation and smart contract execution. This separation allows for high performance and privacy. Sapphire runtime: Sapphire is a confidential EVM that enables developers to build privacy-preserving decentralized applications. It uses secure enclaves to execute computations while preserving data confidentiality. Cipher: Cipher provides a confidential and permissionless platform for privacy-preserving smart contracts, enabling secure DeFi transactions and contracts. Emerald: Emerald facilitates efficient management of assets within the network, providing features like balances, transfers, and multisig accounts. It also brings Ethereum compatibility to Oasis. Staking and delegating: The Oasis Network uses proof-of-stake. Validators are elected based on the amount of tokens staked, and users can delegate their tokens to earn passive income. However, validator misbehavior can result in slashing of staked tokens.

Spot the Main Event:

Since the 3rd of June,2024. Oasis BD Manager has been spreading the word on our privacy solutions for Web3 & AI at Ethbelgrade. Providing an overview of Oasis's architecture, specific use cases, account abstraction and ROFL (Runtime OFf-chain Logic). Oasis ecosystem, it utilities and it prospect caught the confidence of audience at the Ethbelgrade, causing new investors into the ecosystem, a high demand of the token, subsequently a spike in price.

📸 Show Us What You Found:

Freelancer , Copy Writer and Crypto lover

Explore the Core.

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Spot the Main Event:

The price pump is tracked to their recent partnerships within a week: ocean protocol partnered with them to utilise the power of Oasis' Smart Privacy, why Ocean chose to build Predictoor_AI on Oasis Sapphire. google cloud partner with them to advance and enhance Oasis PrivateSQL which will help progress deferential privacy in AI & analytics More so they are they're at ethbelgrade discussing privacy in Web3 & AI where plenty investors are eager to invest in web3, AI privacy.

📸 Show Us What You Found:

To God be the Glory

Explore the Core.

Oasis Labs, a leader in private computing technology, is proud to announce the launch of Oasis PrivateSQL, a cutting-edge privacy-preserving data analytics product, on the Google Cloud Marketplace

Spot the Main Event:

They partner with Apillon, setting a new standard for blockchain wallets through the OasisAccount Abstraction wallet approach,” said Matej, BD manager at Oasis “The partnership introduces an Oasis-branded SDK that seamlessly integrates with EVM chains as well as other ecosystems such as Polkadot, offering developers a powerful tool that helps broaden privacy, scalability, and user-centric design for users and developers alike. Apillon’s platform is engineered to simplify and accelerate the construction of Web3 projects, since the wallet could be embedded into the associated dApp. It offers unified API endpoints, and back-end authentication of usernames, passkeys, and passwords, eliminating user interaction and the need to connect wallets such as MetaMask. This ensures that developers can focus on improving user experiences rather than the underlying complexities of blockchain tech.

📸 Show Us What You Found:

Trade hard. Joy is coming

Explore the Core.

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Spot the Main Event:

They were thrilled to partner with Apillon, setting a new standard for blockchain wallets through the OasisAccount Abstraction wallet approach,” said Matej, BD manager at Oasis “The partnership introduces an Oasis-branded SDK that seamlessly integrates with EVM chains as well as other ecosystems such as Polkadot, offering developers a powerful tool that helps broaden privacy, scalability, and user-centric design for users and developers alike Apillon’s platform is engineered to simplify and accelerate the construction of Web3 projects, since the wallet could be embedded into the associated dApp. It offers unified API endpoints, and back-end authentication of usernames, passkeys, and passwords, eliminating user interaction and the need to connect wallets such as MetaMask. This ensures that developers can focus on improving user experiences rather than the underlying complexities of blockchain tech.

📸 Show Us What You Found:

Overview

Oasis Network is a pioneering layer 1 blockchain designed to enable scalability and confidential compute. Its mission is to provide a privacyfirst, scalable, and versatile blockchain infrastructure that empowers Web3 and Decentralized AI developers to build decentralized applications (dApps) with Smart Privacy. What sets Oasis apart is its unique architecture that separates consensus and compute layers, allowing for high performance and robust privacy.

Key Features

Twolayer Architecture: The Consensus Layer secures the network using proofofstake, while the ParaTime Layer handles computation and smart contract execution. Sapphire: The first confidential EVM enabling privacypreserving dApps using secure enclaves. Cipher: A confidential and permissionless platform for privacypreserving smart contracts. Emerald: Facilitates efficient asset management and brings Ethereum compatibility to Oasis. ROSE Token: Used for gas fees, staking, delegation, and governance. ParaTime Environments: Supports multiple parallel runtimes, allowing developers to build on existing runtimes or launch their own.

Use Cases

DeFi: Privacypreserving transactions and contracts. AI and Machine Learning: Secure computations on sensitive data. Data Tokenization: Secure and permissioned data marketplaces. GameFi and NFTs: Enhanced privacy and scalability for gaming and digital assets.

Recent Developments

Oasis PrivateSQL: Launched on Google Cloud Marketplace, offering privacypreserving data analytics. Partnerships: New collaborations with Apillon, Google Cloud, and participation in ETHBelgrade. Educational Initiatives: New lessons in AI and Blockchain Basics series. Community Engagement: Active discussions and events, including weekly tournaments and live Web3 events.

Market Impact

Demand and Adoption: The unique privacy features and scalability solutions are likely to attract developers and enterprises, increasing demand for the ROSE token. Partnerships: Collaborations with major players like Google Cloud enhance credibility and market presence. Technological Edge: Innovations like Sapphire and Oasis PrivateSQL position Oasis as a leader in privacypreserving blockchain technology.

Risks and Opportunities

Risks

Technical Complexity: Understanding and implementing TEEs and SGXs can be challenging. Competition: Other projects are also exploring scalability and privacy solutions. Adoption: Full adoption of confidential smart contracts is still in progress.

Opportunities

Growing DeFi and AI Markets: Oasis's privacy features are wellsuited for these expanding sectors. Enterprise Adoption: Partnerships with major tech companies can drive enterprise use cases. Community Growth: Active engagement and educational initiatives can foster a strong developer community.

Community Engagement

Active Community: Vibrant discussions on social media and forums. Events and Tournaments: Regular events like weekly tournaments and participation in industry conferences. Educational Content: Ongoing educational series and developer programs.

Conclusion

Oasis Network stands out in the crowded cryptocurrency market with its unique focus on scalability and confidential compute. Its innovative architecture, strong partnerships, and active community engagement make it a compelling choice for traders. The project's recent developments and market impact suggest significant growth potential, especially in privacypreserving DeFi and AI applications. Traders should consider Oasis's technological edge and market position when making investment decisions.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.