ZAMA (Zama) 24-hour increase of 10.26%

ZAMA-2,92%
ETH0,44%

Gate News Bot Report, February 24 — According to CoinMarketCap data, at press time, ZAMA (Zama) is 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 cap is approximately $50.4 million, an increase of $4.68 million from yesterday.

Zama is an open-source cryptographic protocol that enables confidential smart contracts on any L1 or L2 using Fully Homomorphic Encryption (FHE) technology. The Zama Protocol keeps on-chain data encrypted at all times, even during processing, while ensuring publicly verifiable results.

The protocol uses co-processors to offload FHE computations from the base chain, maintaining low gas fees, while achieving horizontal scalability and public verifiability. Zama brings compliant confidentiality to on-chain finance, supporting applications such as confidential token swaps, lending, yield farming, confidential stablecoin trading, self-custody banking, confidential token issuance, RWA tokenization, and sealed bid auctions.

Zama is currently the fastest FHE protocol, capable of handling 20 TPS per chain, enough to run the entire Ethereum network under FHE. It is expected to reach 1,000 TPS next year. The Zama Protocol is now live on the mainnet, and the developer program’s first season has been launched.

Recent Important ZAMA News:

1️⃣ Market enthusiasm for token public auctions continues The Zama public auction raised $1.18 million, demonstrating strong market interest. The success attracted many participants, reflecting investor confidence in the prospects of fully homomorphic encryption technology and providing a solid foundation for token liquidity.

2️⃣ Mainnet deployment and developer ecosystem development progress The Zama Protocol has completed mainnet deployment and launched the first season of the developer program, marking the transition from theoretical research to practical application. This progress lays a solid foundation for ecosystem building, attracting more developers and promoting real-world use cases.

3️⃣ Strengthening market positioning of privacy computing technology As the fastest FHE protocol, Zama has a clear performance advantage. Its current capacity of 20 TPS, with a goal of 1,000 TPS next year, demonstrates a well-defined development roadmap. This performance edge will be a key factor in attracting institutional applications and unlocking long-term value.

This message is not investment advice. Please 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

Jack Dorsey Teases the Legendary Bitcoin Day Faucet to Restart on April 6

Jack Dorsey posts to announce that he will restart the Bitcoin tap activity on April 6, 2026, paying tribute to early developers and reigniting the spirit of the community. This event comes against the backdrop of a Bitcoin market pullback, and the Bitcoin held by Block, the company led by Dorsey, still remains profitable.

ChainNewsAbmedia3h ago

Top 100 cryptocurrencies by market cap today: DEXE up 11.11% leading the gains, NIGHT down 3.72% leading the losses

On April 4, among the top 100 cryptocurrencies by market cap, DeXe had the largest gain, rising 11.11%; the largest drop was Midnight, down 3.72%. Other gainers like VeChain and Bitcoin SV also performed well.

GateNews6h ago

Crypto Market Displays Mixed Signals As Fear Persists

The crypto market shows mixed signals with a 0.34% market cap increase to $2.3T, while trading volume fell by 16.99%. Bitcoin rose by 0.50% to $66,896.80, and Ethereum dropped by 0.18% to $2,053.15. Key gainers include PEPE, TRUMP IP, and TRUMP MOG, which saw significant price increases. DeFi TVL decreased by 0.35%, and NFT sales volume fell by 5.18%. Notably, Drift Protocol experienced a 40% loss after a breach, and Charles Schwab plans Bitcoin and Ethereum spot trading in 2026.

BlockChainReporter6h ago

CoinDesk 20 performance update: Bitcoin (BTC) trades flat while altcoins rise

The CoinDesk 20 Index shows an uptick of 0.7% to 1909.43, with 19 assets rising. NEAR and AVAX lead with gains of 5.8% and 3.6%, while BTC and XLM remain unchanged.

CoinDesk7h ago

The total market capitalization of stablecoins hit an all-time high of $317.26B, while USDT’s market share fell below 60%.

Despite weakness in the crypto market, the stablecoin market continues to grow. Over the past week, total market capitalization rose by 0.43%, reaching $317.26B, a new all-time high. The market share of USDT fell to 58.03%, while the circulating market cap of USDS under Sky increased by 9.57%, becoming the third-largest stablecoin.

GateNews11h ago

Naoris Protocol's quantum-resistant blockchain goes live as Bitcoin and Ethereum face 'Q-Day' threats

Naoris Protocol launched a quantum-resistant blockchain, designed to secure transactions against future quantum threats. It utilizes post-quantum cryptography and has validated over 100 million transactions, preparing to protect digital assets despite vulnerabilities in existing systems like Bitcoin and Ethereum.

CoinDesk11h ago
Comment
0/400
No comments