ZKP (zkPass) has increased by 41.94% over the past 24 hours, now trading at $0.11.

Gate News Bot Message, February 10th, according to CoinMarketCap data, ZKP (zkPass) is currently priced at $0.11, up 41.94% in the past 24 hours, with a high of $0.15 and a low of $0.07. The 24-hour trading volume reached $193 million. The current market capitalization is approximately $22.8 million, an increase of $6.74 million from yesterday.

zkPass is a privacy data protocol based on MPC, zero-knowledge proofs, and the 3P-TLS protocol, providing a seamless gateway for private data transfer between Web2 and Web3 ecosystems. Users can verify their real identity and data on the zkPass protocol without revealing privacy details.

The core product TransGate integrates three key technologies: MPC network, interactive zero-knowledge proof system, and 3P-TLS protocol, supporting seamless transfer of private data from Web2 to Web2 or Web3. TransGate achieves secure login and proof generation without authorizing data sources or API access through an improved TLS three-party handshake process, multi-party computation privacy protection, and locally generated zero-knowledge proofs.

zkPass features privacy protection, compatibility, verifiability, anti-fraud, and memory efficiency. An optimized hybrid zero-knowledge proof system has been developed, enabling zero-knowledge proofs to be generated within 1 second in a PC browser environment. The project has received investments from well-known institutions like Sequoia and is applied in multiple ecosystems such as zkLink, Galxe, and zkSync.

Recent Important ZKP News:

1️⃣ Zero-Knowledge Proof Technology Becomes a Focus in Privacy Development Zero-knowledge proof technology is expected to be a key direction for blockchain privacy protection in 2025 and beyond, with increasing industry demand for privacy standardization. As a privacy protocol enabling seamless data transfer between Web2 and Web3, zkPass leverages multi-layer architecture including MPC, zero-knowledge proofs, and 3P-TLS to create a competitive edge in privacy protection and application compatibility, aligning with core industry needs.

2️⃣ Expanding Ecosystem Applications of Privacy Data Protocol zkPass has been adopted in major ecosystems such as zkLink, Galxe, and zkSync, demonstrating its practical value in cross-chain and DeFi scenarios. These diverse applications drive ongoing demand and validate the market feasibility of the TransGate technical solution.

3️⃣ Performance Breakthroughs Support Widespread Adoption zkPass has achieved a performance breakthrough by generating zero-knowledge proofs within 1 second in a PC browser environment. This technical optimization directly addresses user experience issues, significantly enhancing the practicality of privacy verification in real-world applications. The performance improvements and ecosystem expansion create a positive feedback loop, laying a foundation for long-term project development.

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