$ZAMA Zama in late February 2026 reveals one of the most significant infrastructure launches of the year. Often referred to as the "HTTPS for Blockchain," Zama is the first production-scale protocol to implement Fully Homomorphic Encryption (FHE).
Market Analysis (February 21, 2026)
The token is currently in its "Post-Listing Discovery Phase" following its highly anticipated Token Generation Event (TGE) on February 2, 2026.
Metric Value (Approx.)
Current Price $0.018 - $0.022
Public Sale Price $0.05 (Clearing Price)
Market Cap ~$41 Million - $47 Million
Fully Diluted Valuation (FDV) ~$208 Million
Circulating Supply ~2.20 Billion ZAMA
Technical Analysis Snapshot
Post-Listing Dump: After an initial spike to $0.084 on listing day, the price has retraced significantly, currently trading below its public auction price of $0.05. This is common for "Seed Tag" projects with high initial FDVs.
Support & Resistance: * Immediate Support: $0.016 (The recent all-time low).
Key Resistance: $0.025 (The 50-period 4-hour Moving Average) and $0.05 (Psychological psychological barrier).
RSI: Sitting at 38–42 (Neutral-Bearish), suggesting that while the sell-off is slowing, the bulls haven't yet regained control.
Sentiment: Mixed. Long-term "privacy believers" are accumulating, while short-term auction participants are exiting at a loss.
The Tech: Fully Homomorphic Encryption (FHE)
$ZAMA's value is tied to its unique ability to allow smart contracts to process data without ever decrypting it.
Confidential DeFi: Enables "Dark Pools" where trades happen on-chain but trade sizes and prices are invisible to everyone except the parties involved.
Burn-and-Mint Model: Users pay gas fees in for encryption/decryption. 100% of these protocol fees are burned, creating long-term deflationary pressure.
The "Seed Tag": Currently listed on Binance and KuCoin with a Seed Tag, indicating high volatility and the "experimental" nature of this new encryption layer.