ZKP (zkPass) increased by 41.11% in 24 hours, currently trading at $0.19

Gate News Bot Message, December 26 — According to CoinMarketCap data, at the time of press, ZKP (zkPass) is trading at $0.19, up 41.11% in the past 24 hours, with a high of $0.26 and a low of $0.09. The 24-hour trading volume reached $144 million. The current market cap is approximately $38.4 million, an increase of $11.2 million from yesterday, ranking 496th globally.

zkPass is a privacy data protocol based on MPC, zero-knowledge proofs, and the 3P-TLS protocol, aiming to serve as a seamless gateway between Web2 and Web3 ecosystems. Users can verify their real identity and data through zkPass without revealing personal privacy.

The project’s core product, TransGate, integrates multi-party computation networks, interactive zero-knowledge proof systems, and the 3P-TLS protocol, enabling seamless transfer of private data from Web2 to Web2 or Web3. zkPass also offers low-code integration solutions supporting client SDKs and server SDKs, allowing enterprises to trust user-generated zero-knowledge proofs without involving privacy concerns.

zkPass has received support from top investment institutions such as Blockchain Founders Fund, Cypher Capital, DAO5, Leland Ventures, SIGDT Investments, and Sequoia, and has established partnerships with multiple ecosystem projects including zkLink, Poolz Finance, Galxe, ZKM, Verida Wallet, CyberConnect, Linea, zkSync, and Layer Zero.

Recent Important ZKP News:

1️⃣ Focus on Privacy Track Hotspots and Market Attention Increase
Zero-knowledge proof technology is set to become a core focus in blockchain privacy by 2025. As a native chain project in this field, ZKP has gained significant market attention. Its positioning in the privacy data protocol sector aligns with the urgent industry demand for user privacy protection and data security, making it a key driver of recent price rally momentum.

2️⃣ Multi-Dimensional Application Scenario Layout Supports Long-Term Expectations
ZKP covers various practical application scenarios such as decentralized KYC identity verification, under-collateralized DeFi lending protocols, medical data privacy markets, and decentralized job markets, demonstrating clear commercial implementation value. These multi-dimensional prospects provide a solid foundation for the project’s long-term development and reinforce positive market expectations regarding its sustainability and practical utility.

3️⃣ Trading Liquidity Environment Continues to Improve
Gate platform’s support for ZKP and improvements in liquidity environment, combined with other trading channels, offer investors more convenient trading options. The 24-hour trading volume increased from $119 million to $144 million, reflecting ongoing growth in market participation. Sufficient liquidity further strengthens the upward price support.

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