CYBER (Cyber) rose 21.86% in the last 24 hours.

Gate News Bot news, on October 15, according to CoinMarketCap data, CYBER (Cyber) is currently priced at $1.31, with a 21.86% rise in the last 24 hours, reaching a high of $1.64 and a low of $0.59. The current market capitalization is approximately $68 million, an increase of $12.2 million from yesterday.

CYBER is an Ethereum Layer 2 solution focused on supporting Web3 social interactions. The Cyber Network is a Layer 2 network that brings social primitives on-chain, aiming to create new connections for humans and AI, and to innovate the ways of creating and experiencing cryptocurrencies. The project also includes Cyber.AI, a suite of AI tools providing cryptocurrency intelligence for builders, agents, and users, as well as Surf, an AI cryptocurrency co-pilot that helps users make smarter and faster cryptocurrency decisions. CYBER enables ownership, governance, and network security through the CYBER token.

Important recent news about CYBER:

1️⃣ SEC's new department focuses on cryptocurrency and AI sectors The U.S. Securities and Exchange Commission (SEC) has recently established a new division focused on protecting investors from fraud in the cryptocurrency and artificial intelligence sectors. This initiative could have far-reaching implications for crypto projects, including CYBER, especially considering the close integration of the CYBER project with AI.

2️⃣ Cybersecurity is becoming increasingly important in the cryptocurrency field As the cryptocurrency industry continues to develop, cybersecurity issues are becoming increasingly prominent. As a project focused on Web3 social and cybersecurity, CYBER may benefit from this trend. Investors are showing more interest in projects with strong security features, which could be a factor driving the rise in CYBER prices.

3️⃣ Layer 2 solutions continue to receive attention As a Layer 2 solution for Ethereum, CYBER is at the industry hotspot. Layer 2 technology is seen as key to solving blockchain scalability issues, and CYBER's positioning in this area may attract more investors' attention, thereby driving its price rise.

From a technical perspective, the price of CYBER has experienced significant fluctuations in the past 24 hours, rebounding from a low of $0.59 to a high of $1.64, and finally stabilizing at $1.31. This strong price dynamic may indicate that market interest in the project is on the rise.

This message is not investment advice; investors should be aware of market volatility risks.