Gate News Bot Message, February 3rd, according to CoinMarketCap data, as of press time, ZAMA (Zama) is currently priced at $0.04, down 20.31% in the past 24 hours, with a high of $0.05 and a low of $0.03. The 24-hour trading volume reached $205 million. The current market cap is approximately $79.1 million, a decrease of about $20.17 million from yesterday.
Zama is an open-source cryptographic protocol that implements confidential smart contracts on any L1 or L2 using Fully Homomorphic Encryption (FHE) technology. The Zama protocol keeps on-chain data encrypted throughout processing, while utilizing co-processors to transfer FHE computations off the base chain, maintaining low gas fees and enabling horizontal scalability and publicly verifiable operations.
The protocol introduces a variety of new use cases for DeFi applications, including confidential token swaps, lending, yield farming, confidential stablecoin trading, self-custody banking, confidential token issuance, RWA tokenization, and sealed auctions. Zama offers a simple developer experience, allowing developers to build applications using traditional Solidity toolchains and euint data types, supporting programmable compliance. Currently, Zama is the fastest FHE protocol, capable of handling 20 TPS, with plans to reach 1,000 TPS next year, and future FHE ASICs will support over 10,000 TPS. The Zama protocol has been launched on the mainnet.
Important recent updates on ZAMA:
1️⃣ Price pressure emerges, pre-market price drops below community public sale price
ZAMA’s pre-market contract price fell below the community public sale price of $0.05, dropping to $0.043, nearly a 10% decrease in 24 hours. The community public sale attracted 7,651 investors and raised $121 million. The price falling below the listing price indicates that primary market investors face potential unrealized losses, reflecting market caution towards the current valuation.
2️⃣ Market expectations for FDV valuation after launch are divided
Market predictions show a 73% probability that ZAMA’s FDV will exceed $500 million on the first day after launch, a 94% chance of exceeding $400 million, but only a 37% chance of surpassing $600 million. The prediction market’s trading volume is about $3 million, indicating significant divergence in expectations for the future trend, with most traders remaining cautious and limited confidence in substantial upside potential.
Currently, ZAMA has retreated from the high of $0.05 to the $0.04 range, facing dual pressures of potential price decline and profit-taking in the short term. Investors’ risk assessment for newly listed tokens has increased.
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
Aave Price Holds Near $111 After $27M Liquidation Error Shakes DeFi
Key Insights
Aave traded near $111 after a CAPO oracle configuration error triggered $27 million in liquidations across 34 wstETH-backed accounts.
Trading activity cooled as derivatives volume dropped and open interest declined, signaling that traders stepped back following the liquidation i
CryptoFrontNews34m ago
Cardano Price Holds Above $0.26 as Upgrade Buzz Builds Toward $0.30
Key Insights
Cardano price trades above $0.26 as investors position ahead of the Leios and Midnight upgrades, while derivatives data reflect rising bullish sentiment.
Futures open interest reached $416 million while funding rates favor long positions, signaling stronger trader confidence des
CryptoFrontNews38m ago
Cardano’s 307% Rally Started With This Signal – And ADA Price Just Flashed It Again
Cardano has been quietly building something that caught the interest of technical analysts. After months of grinding sideways and frustrating holders, the ADA price finally showed signs of life.
The move caught many off guard, but for those watching the charts, the signal was impossible to
CaptainAltcoin43m ago
XRP Price Structure Tightens While Heatmap Highlights $1.30 Liquidity Zone
XRP trades near $1.37 support after a 0.9% daily decline, while the $1.44 level remains the immediate resistance in the current range.
A three-week liquidity heatmap highlights a large order cluster around $1.30, indicating a strong liquidity zone below price.
A three-month Gaussian
CryptoNewsLand1h ago
Billionaire Investor Stanley Druckenmiller Bullish on Stablecoin Growth
Billionaire investor Stanley Druckenmiller believes stablecoins will become the backbone of the financial system in 10-15 years, citing their efficiency. However, he views much of the wider crypto market as unnecessary, describing it as “a solution looking for a problem.”
Decrypt1h ago
SOL Consolidates Near $84 While Chart Highlights Possible $45 Demand Zone
Solana (SOL) trades at $83.87 within a range defined by $81.03 support and $84.43 resistance, showing consolidation below a $90 supply zone. There is a broader demand area near $45, indicating potential downward movement before recovery.
CryptoNewsLand2h ago
