PEARL

#118

Pearl

Pearl

Networks · Layer-1
PEARL#118
Mcap$555M
$1.5411.12%
Latest Round
Enterprise
· Undisclosed
Recent Raise
Recent Raise

PEARL Metrics

Spot Volume (24H)

$10.74M+6.03%

Marketcap

$555M

FDV

$3.22B

Mindshare

Very Low

Metrics (24H)

2 Notable Posts

Circ. Supply

361.3M

Sentiment

24HSentiment
7DSentiment

Max Supply

2.1B

Mcap/FDV

17.21%

Total Supply

2.1B

Sector Ranking

-

About & Links

PEARL Performance

1Y Price Performance +174.45%
All Time High
$2.44-37.04%
Oct 21, 2026
Cycle Low
$1.52+1.09%
Oct 30, 2026

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PEARL Chart
All Charts
$1.54
19.64% Past Month
Price
$1.5419.64%
Mindshare
0.0%247.93%
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PEARL Metrics

Spot Volume (24H)

$10.74M+6.03%

Marketcap

$555M

Mindshare

Very Low

Sentiment Chg

24Hnegative
7Dnegative

Circ Supply

361.3M

FDV

$3.22B

Max Supply

2.1B

Mcap/FDV

17.21%

Total Supply

2.1B

Notable Posts

: 2 (24H)

PEARL Performance

Lifetime Price Performance +174.45%
All Time High
$2.44-37.04%
Oct 21, 2026
Cycle Low
$1.52+1.09%
Oct 30, 2026
First Trade
Sep 15, 2026 on
C
CoinEx

Pearl News & Insights

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Last Updated: Oct-29-2026 11:08 UTC

Pearl (PRL) Project Update

Get Caught Up

Pearl's Proof-of-Useful-Work design and commercial integration. Pearl is a Bitcoin-style Layer-1 blockchain that replaces energy-intensive SHA-256 hashing with Proof of Useful Work (PoUW) based on matrix multiplication, the core operation in AI compute 1. The network has a fixed supply of 2.1 billion PRL tokens and targets 194-second block times, with miners earning PRL rewards by producing verifiable proofs of matrix multiplication against committed inputs, ideally as a side effect of running live AI inference workloads 1. This structure favors data centers already serving AI requests, since their incremental mining cost is lower 1. In May 2026, Together AI integrated Pearl, offering a 25%+ discount on its Gemma-4-31B-it-Pearl inference endpoint, subsidized by expected PRL emissions 1.
Pearl Connect brings on-chain actions to coding agents. Pearl integrated Connect into its AI-agent lineup in Beta, giving a coding agent (such as Claude Code) a crypto wallet and the ability to trade on platforms like Polymarket or Omen, as well as access specialized prediction agents through the Olas Marketplace, all within the same session 2. Connect uses on-chain micropayments for each request, with wallet keys kept on the user's machine in an encrypted Safe smart account, and it starts on Polygon and Gnosis 2. The system is explicitly not autonomous and does not qualify for Activity Rewards, as it is intended to assist the user in real time rather than run independently 2.
Pearl Mini sunset following a Chrome policy change. Pearl Mini, introduced in May 2026, was a browser extension offering AI-powered predictions for Polymarket markets, generating a likelihood score and enabling one-click action without leaving the page or sharing keys 3. On July 1, 2026, Google updated Chrome Web Store policies to explicitly prohibit prediction market extensions that enable real-money transactions, making continued development and shipping of Pearl Mini on Chrome infeasible 4. As a result, the extension was sunset and removed from the store at the end of July, while prediction market work continues elsewhere, such as the Pearl desktop app 4.

Biggest Stories of 2025

  • Pearl Connect launched in Beta, integrating a crypto wallet and on-chain trading capabilities into coding agents, allowing them to trade on prediction markets and access Olas Marketplace agents within a single session. This expanded Pearl's agent lineup beyond autonomous agents into real-time collaborative tooling. (July 28, 2026) 2
  • Pearl Mini was sunset after Google's Chrome Web Store policy update prohibited prediction market extensions enabling real-money transactions, removing the extension at the end of July while prediction market work continued in the Pearl desktop app. (July 7, 2026) 4
  • Olas Q2 2026 roundup highlighted that Olas AI agents surpassed 18.2 million lifetime transactions, the launch of the Olas Marketplace Protocol Fee (a 15% fee on agent-to-agent payments with collected OLAS burned), and the consolidation of agents onto Pearl, which also shipped its first AI-built feature. (July 1, 2026) 5
  • Solayer launched the mainnet of Margin Trade, a Solana-native perpetual trading platform that became the first to offer a liquid, leveraged perpetual market for Pearl Research ($PRL), supporting up to 3x leverage positions. (June 9, 2026) 6
  • Pearl Mini was introduced as a browser extension providing AI-powered predictions for Polymarket markets, offering "Quick," "Deep," or "Super" levels of analysis with AI-generated likelihood scores, integrating Privy for wallet setup and Tempo for USDC micropayments. (May 21, 2026) 3
  • Together AI integrated Pearl, offering a 25%+ discount on its Gemma-4-31B-it-Pearl inference endpoint, subsidized by expected PRL emissions. This marked a significant commercial validation of Pearl's Proof-of-Useful-Work model. (May 2026) 1
  • Pearl's Proof-of-Useful-Work design was detailed, describing a Bitcoin-style Layer-1 blockchain that replaces SHA-256 hashing with matrix multiplication, with a fixed supply of 2.1 billion PRL tokens, 194-second target block times, and a smooth polynomial emission decay curve. (June 10, 2026) 1
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Pearl Profile

Pearl was developed by Pearl Research Labs, co-founded by complexity theorist Omri Weinstein (Princeton PhD, affiliated with the Hebrew University, previously at NVIDIA and Vast Data). The project's whitepaper, published in April 2025, proposed a proof-of-useful-work (PoUW) consensus mechanism, implemented as cuPOW, in which miners produce valid blocks by generating verifiable proofs of matrix multiplications, wrapped in zk-SNARKs for cheap on-chain verification. The base layer is forked from Bitcoin's btcd codebase, retaining the UTXO model and longest-chain rule, with a fixed maximum supply of 2.1 billion PRL and a target block time of roughly 194 seconds. Emissions follow a polynomial decay curve rather than Bitcoin-style halvings.

Key events in the project's history include:

  • April 2025: The Pearl whitepaper is published.
  • April 27, 2026: Pearl mainnet launches.
  • May 15, 2026: AI cloud provider Together AI announces an exclusive partnership, launching a discounted inference endpoint tied to the network. PRL's price and GPU mining profitability spike in the following weeks before declining as network difficulty rises.
  • June 2026: PRL begins trading on centralized exchanges, including CoinEx, BigONE, and SafeTrade.
  • July 2026: Pearl Research Labs joins the NVIDIA Inception program, building an accelerated inference platform targeting Hopper and Blackwell GPUs.

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