Why Is ZKP Price Up Today?
zkPass $ZKP is trading at $0.1980, delivering a powerful 49.66% surge in the last 24 hours, positioning it among today’s top-performing cryptocurrencies. This sharp price increase is strongly supported by market activity, as 24-hour trading volume soared 58.38% to $130.6M, dramatically surpassing its $39.95M market capitalization. A volume-to-market-cap ratio above 328% indicates heavy speculative trading and heightened investor attention.
One of the main catalysts behind ZKP’s rally is the growing narrative around zero-knowledge (ZK) technology, which is increasingly viewed as critical for privacy-preserving identity verification and secure data sharing in Web3. As demand for compliant yet private digital identity solutions rises, projects like zkPass are gaining traction.
Supply dynamics are also amplifying the move. With 201.66M ZKP circulating out of a fixed 1B max supply, available liquidity remains relatively limited, allowing price action to accelerate quickly during demand spikes. Additionally, the project’s expanding community—now exceeding 68,000 holders—signals improving confidence and awareness. While volatility remains elevated, ZKP’s breakout reflects strong momentum and bullish short-term sentiment in the market.
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