PANews reported on September 19 that according to official news, Gate.io has launched Aleo (ALEO) trading at 00:00 (UTC+8) on September 19, 2024. As of 10:00 on September 19, Aleo (ALEO) trading volume exceeded 5.2 million, with a transaction amount of 20 million USDT, an increase of more than 1000%.
It is understood that Aleo is a developer platform for building fully private, scalable and cost-effective applications. By using zero-knowledge cryptography, Aleo moves smart contract execution off-chain to enable a variety of decentralized applications. These applications are not only fully private, but can also scale to thousands of transactions per second.
