ZKP (zkPass) increased by 63.21% in 24 hours, currently trading at $0.20

Gate News Bot Message, January 8th, according to CoinMarketCap data, as of press time, ZKP (zkPass) is trading at $0.20, up 63.21% in the past 24 hours, reaching a high of $0.22 and a low of $0.12. The 24-hour trading volume is $432 million. The current market cap is approximately $39.9 million, an increase of $15.5 million from yesterday.

zkPass is a privacy data protocol based on MPC, zero-knowledge proofs, and 3P-TLS technology, allowing users to verify their real identity and data without revealing private information. The protocol enables seamless transfer of private data between Web2 and Web3 ecosystems through the TransGate product, supporting applications such as ZKKYC, DeFi lending, and medical data trading. zkPass has received support from top investment institutions including Sequoia and has established partnerships with ecosystem players like zkLink, Galxe, zkSync, and LayerZero.

Important recent news about ZKP:

1️⃣ Zero-Knowledge Proof Technology Gradually Moving Toward Mainstream Applications
As a core technology for privacy protection and identity verification, zero-knowledge proofs are becoming a significant development direction in the blockchain industry. The rising demand for privacy and regulatory compliance pressures have driven widespread attention to this technology, making privacy data protocols based on zero-knowledge proofs highly recognized in the market.

2️⃣ Major Tech Companies Promote Standardization of Privacy Verification
Mainstream tech platforms like Google Wallet have begun integrating zero-knowledge proof technology for identity verification, marking its expansion from the crypto ecosystem to traditional internet applications. This cross-field application expansion provides practical scenarios for projects like zkPass and strengthens market confidence in the commercialization prospects of this technology.

3️⃣ Growing Urgency for Privacy Protection
Under increasingly strict digital regulation, user concern for privacy data protection continues to rise. The solution provided by zkPass—“verifying identity without revealing privacy”—exactly meets the urgent need for data security and personal privacy balance in both Web2 and Web3 ecosystems.

This message is not investment advice. Please be aware of market volatility risks.