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ZAMA (Zama) 24-hour increase of 10.26%
Gate News Bot Message, February 24th, according to CoinMarketCap data, as of press time, ZAMA (Zama) is currently trading at $0.02, up 10.26% in the past 24 hours, with a high of $0.03 and a low of $0.02. The 24-hour trading volume reached $41.6 million. The current market capitalization is approximately $50.4 million, an increase of $4.68 million compared to yesterday.
Zama is an open-source cryptographic protocol that enables the construction of confidential smart contracts on any L1 or L2 using Fully Homomorphic Encryption (FHE) technology. The Zama Protocol ensures that on-chain data remains encrypted at all times, even during processing, while also guaranteeing publicly verifiable results.
The protocol uses co-processors to offload FHE computations from the base chain, maintaining low gas fees.
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