Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. In simple words, it's Chainlink ($LINK) competitor but it's IBC enabled as well. Their latest update and some news created a huge pump for the price. They have enabled Band VRF across some chain and latest updates would give it some improvements
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Bump cosmos-sdk to v0.45.10 and ibc-go to v3.3.1 to fully support state sync and ICA-host
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Increase the throughput for oracle module by ~10X from optimizing owasm runtime
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Increase the MaxGas per block to 50M Gas
and they have dropped some news
Well, which seem a clearly bullish move, it also have created some doubts, since Osmo co-founder Sunny Aggarwal tweeted that he don't know anything about what they are talking about.
and Osmosis official channel few hours ago;
Well, let's see what will happen, I hope band protocol would make a statement about it. On the other hand there are some rumors making rounds about artificial pump or insider trading but still there is no concrete proofs or real indicators.
