Gate News Bot Message, February 6th, according to CoinMarketCap data, as of press time, ZAMA (Zama) is currently priced at $0.03, up 13.34% in the past 24 hours, with a high of $0.04 and a low of $0.02. The 24-hour trading volume reached $179 million. The current market capitalization is approximately $64.6 million, an increase of $7.6 million from yesterday.
Zama is a confidential blockchain protocol project that uses Fully Homomorphic Encryption (FHE) technology to implement confidential smart contracts on any L1 or L2 blockchain. The protocol maintains on-chain data in an encrypted state throughout processing using FHE technology and leverages co-processors to offload FHE computations from the base chain, keeping gas fees low while achieving horizontal scalability and publicly verifiable privacy. Zama introduces various new use cases for DeFi, including confidential token swaps, lending, yield farming, confidential stablecoin trading, self-custody banking services, token issuance and governance, RWA tokenization, and sealed auctions to prevent front-running. Developers can build Zama contracts using traditional Solidity toolchains, marking private parts of contracts with the euint data type, and directly defining programmable compliance rules within smart contracts. The protocol is currently live on the mainnet.
Recent important news about ZAMA:
1️⃣ Token Listing and Market Enthusiasm
Zama tokens have recently been officially listed on trading platforms, marking the project’s transition from fundraising to public trading. Trading activity surged after the token launch, with a 24-hour trading volume of $179 million, indicating a significant increase in market attention towards this privacy computing protocol and high investor recognition of its application potential.
2️⃣ Funding Scale and Market Consensus Support
Zama previously attracted $118 million through an open auction, demonstrating strong demand from institutional investors and the community. This funding background laid the foundation for the token’s market performance post-launch and reflects broad market recognition of FHE privacy computing technology in the blockchain space.
3️⃣ Rising Attention in Privacy Computing Sector
As the first encrypted ICO project within the Ethereum ecosystem, Zama’s innovative position in privacy and confidential computing has been strengthened. The importance of privacy protection in emerging applications like DeFi and RWA tokenization is increasingly recognized. The project’s technical advantages in preventing front-running and enabling confidential transactions have attracted market attention, becoming a key driver of recent price increases.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate Daily Report (April 24): US Treasury sanctions Cambodian crypto “pig butchering” scams; Tether mints an additional 1 billion USDT
Bitcoin (BTC) rebound momentum is weakening, with a temporary quote around $78,030 as of April 24. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned a Cambodian politician linked to a crypto “pig butchering” scam center. Tether issued another 1 billion USDT on the Ethereum network; over the past 5 days, it has issued a total of 3 billion USDT on the Ethereum network.
MarketWhisper2h ago
Trump ordered the sinking of ships in the Strait of Hormuz, and Bitcoin’s rebound momentum weakened to 78k
U.S. President Donald Trump posted on Truth Social on April 24, announcing that the ceasefire agreement between Israel and Lebanon will be extended by three weeks. On the same day, he also ordered the U.S. Navy to “sink any vessel currently laying mines in the Strait of Hormuz,” and instructed the military to carry out mine-clearing operations with “three times the force.” Brent crude spot prices have returned above $100, and Bitcoin is trading near $78,000 under pressure and consolidating.
MarketWhisper3h ago
Crypto Fear and Greed Index Drops to 39, Market in Panic State
Gate News message, April 24 — The Crypto Fear and Greed Index dropped to 39 today, down from 46 yesterday, according to data from Alternative.me. The index indicates the market remains in a panic state.
GateNews3h ago
U.S.-Iran talks hit a deadlock, oil prices rise, and Bitcoin holds steady at 78K
U.S.-Iran talks have again fallen into a stalemate, and geopolitical tensions have pushed up oil prices; Brent is over $105 and WTI is near $97. The U.S. says it will open fire if the Strait of Hormuz is hit by a “Bure” missile. Iran’s parliamentary speaker withdraws from the negotiating team, and the Islamic Revolutionary Guard Corps tightens its control, which has raised concerns from outside observers. Bitcoin is trading steadily and has stabilized above 78K; spot Bitcoin ETFs have recorded net inflows for six consecutive days, and spot Ethereum ETFs have recorded net inflows for nine consecutive days. The Fear & Greed Index has declined, but it still leans optimistic; financing rates have turned slightly negative, and leverage has not grown significantly.
ChainNewsAbmedia4h ago
Bloomberg Analyst Mike McGlone Flags $75,000 as Critical Bitcoin Level for 2026
Gate News message, April 23 — Bloomberg analyst Mike McGlone has released an assessment of Bitcoin's performance relative to traditional markets, highlighting $75,000 as a critical threshold for BTC in 2026.
According to McGlone's analysis, Bitcoin and the S&P 500 have shown similar performance
GateNews7h ago
Dogecoin Holds $0.1018 as Whales Accumulate $330M
Dogecoin continues to trade below the critical $0.1018 resistance level after multiple failed breakout attempts, with the asset trading at $0.09625 at the time of writing amid ongoing downtrend momentum and active selling pressure.
Resistance Limits Upside Momentum
The $0.1018 level has
CryptoFrontier8h ago
