Gate News Bot Message, January 13 — According to CoinMarketCap data, as of press time, ZKP (zkPass) is trading at $0.15, up 11.17% in the past 24 hours, with a high of $0.22 and a low of $0.12. The 24-hour trading volume reached $52.6 million. The current market cap is approximately $30.1 million, an increase of $3.02 million from yesterday.
zkPass is a private data verification protocol based on Multi-Party Computation (MPC), Zero-Knowledge Proofs (ZKP), and 3P-TLS technology, which can verify real identity information without revealing personal privacy. The project aims to create a seamless bridge between Web2 and Web3 ecosystems, allowing users to securely generate zero-knowledge proofs and verify on-chain through products like TransGate. zkPass has received support from top investors such as Sequoia and completed a $12.5 million Series A funding round in October 2024.
Important recent news about ZKP:
1️⃣ Mainstream Recognition of Zero-Knowledge Proof Technology Applications
The rising demand for privacy protection and identity verification, along with regulatory compliance pressures, has driven widespread attention to zero-knowledge proof technology. As a core technology for privacy and identity verification, zero-knowledge proofs are becoming a significant development direction in the blockchain industry. Privacy data protocols built on this technology have gained high market recognition, laying a solid market foundation for projects like zkPass.
2️⃣ Expansion of Cross-Ecosystem Applications Strengthens Commercialization Prospects
Mainstream tech platforms like Google Wallet have begun integrating zero-knowledge proof technology for identity verification, marking the technology’s expansion from the crypto ecosystem to traditional internet applications. zkPass has established partnerships with ecosystem players such as zkLink, Galxe, zkSync, and LayerZero. This cross-domain, cross-ecosystem application expansion provides practical scenarios for privacy verification protocols, boosting market confidence in the technology’s commercialization prospects.
3️⃣ Growing Urgency for Privacy Data Protection
Under increasingly strict digital regulation, user concern for privacy data protection continues to rise. zkPass’s solution of “verifying identity without revealing privacy” enables seamless transfer of private data between Web2 and Web3 ecosystems through products like TransGate. This precisely meets the urgent needs for data security and personal privacy balance in applications such as ZK-KYC, DeFi lending, and medical data trading.
This message does not constitute 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
Hyperliquid HYPE Hits 60-Day High on HIP4 Momentum
Key Insights
Hyperliquid’s HYPE token reached a 60-day high as rising revenue and strong trading activity supported sustained bullish momentum across derivatives markets globally.
HIP4 introduces binary options trading, increasing transaction frequency and liquidity while expanding Hyperliqu
CryptoNewsLand14m ago
SUI Volume Surges 37% as Price Stabilizes Near Key Base
Key Insights
SUI trading volume surged by 37%, signaling renewed participation as the price stabilizes near 0.97, reflecting a transition from prolonged downtrend conditions
Futures inflows and bullish long-short ratios indicate rising speculative interest, while liquidation trends show
CryptoNewsLand18m ago
SHIB Faces Rising Sell Pressure After 400B Token Inflows
Key Insights
Shiba Inu exchange reserves reached 81.5 trillion tokens, reflecting rising supply on trading platforms and indicating increased readiness among holders to sell positions.
Net inflows of over 400 billion SHIB highlight growing distribution activity, as traders move assets to exc
CryptoNewsLand23m ago
Solana Holds $87 Support as ETF Inflows Top $22M
Key Insights
Solana ETF inflows reached $22.14 million this week, signaling sustained institutional accumulation and reinforcing short-term support above the 50-day EMA level.
Futures open interest climbed to $5.53 billion, highlighting increased retail participation and growing
CryptoNewsLand28m ago
Grayscale Research Head: Bitcoin Rally Above $76K Could Signal Start of Bull Market Phase One
Grayscale research head Zach Pandl analyzes Bitcoin's rebound from a February low, using the realized price metric to show recent buyers at breakeven and hint at an early bull phase, with a reported bottom around $65k-$70k.
Grayscale’s Pandl: Bitcoin hit ~63k in Feb, rose to ~76k; realized price ~74k shows recent buyers breakeven, hinting at early bull phase and a bottom around 65-70k.
GateNews41m ago
Arthur Hayes: I'll Believe in XRP's Use at Scale When I See On-Chain Evidence
Arthur Hayes calls for on-chain evidence of XRP at scale; Iran tolls on oil tankers reportedly paid in Bitcoin to bypass sanctions, with pre-cleared shipments. Jim Rickards cites Ripple as part of a broader crypto-led parallel financial system.
Abstract: The article compares Hayes's demand for XRP's real-world on-chain use with reports of Bitcoin toll payments by Iran and notes Rickards' view that Ripple could play a role in a broader crypto-driven parallel financial system.
GateNews1h ago
