Mind Network
FHEThe full report. Score, pillars, arithmetic, risk, scenario, signal and notes.
Research, not financial advice. Read the terms.
About Mind Network
Analysis of 25 Jul 2026Mind Network is an AI and privacy infrastructure project using Fully Homomorphic Encryption, or FHE, to process encrypted information without exposing the underlying data. Its current direction centers on x402z, a proposed confidential payment layer for autonomous agents, and HTTPZ, a broader zero-trust framework for encrypted storage, transmission, and computation.
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This direction followed a material reset: an official April 21, 2026 notice said MindChain and its backend, voting-agent, and RPC services would cease on May 30 while resources moved to x402z and HTTPZ. Investors therefore need to judge the replacement products, not the retired chain narrative.
CoinGecko reported FHE near $0.0201 on July 25, 2026, with a market capitalization around $5.0 million, $5.9 million in 24-hour volume, and rank near 1,562. The token sat about 93% below its January 2026 all-time high.
Only 249 million of the fixed 1 billion supply circulated. Official tokenomics allocate 20% to investors and 17% to the team with 48-month vesting after a 12-month cliff, while 30% goes to community incentives over 60 months.
That schedule creates substantial dilution pressure even though exchange turnover is currently high.