Ethereum's on-chain activity has surged to record levels while its price remains range-bound near $3,300, creating a notable divergence between network usage and market valuation. Weekly active addresses have recently reached an all-time high, reflecting sustained engagement across decentralized applications and continued accumulation by long-term holders. Despite this fundamental strength, the ETH price is compressed in a multi-month equilibrium zone, with resistance near $3,350 and support around $3,200–$3,250. Analysts attribute this price stagnation to cautious market positioning, reduced retail participation, and sensitivity to external macro and regulatory catalysts like ETF developments.
Concurrently, the Zero Knowledge Proof (ZKP) project is attracting evaluation from market participants for its novel hybrid consensus network model. Rather than focusing on transaction throughput, attention is shifting to ZKP's architectural design, which combines Proof of Intelligence (PoI) and Proof of Space (PoS). PoI validates meaningful computational work like verification and data processing, while PoS requires participants to commit verifiable storage resources. This framework aims to align network security with verifiable contribution and utility instead of purely financial stake or computational power.
ZKP operates as a Layer 1 blockchain designed for private and verifiable compute, integrating zero-knowledge proof technology natively to allow computations to be verified without exposing underlying data. A key component of its active infrastructure is the deployment of physical hardware called Proof Pods, which connect to the network and perform verifiable computation tasks. The project is currently in Stage 2 of its presale auction, which follows a structured 24-hour window model with a daily contribution cap to encourage broad distribution and on-chain transparency.
