The cryptocurrency market is witnessing a targeted expansion of various ecosystems, with projects like Hyperliquid and Sui reporting significant growth. However, the immediate focus is on the Zero Knowledge Proof (ZKP) project, whose Initial Coin Auction (ICA) presale is entering a critical phase. Stage 2 of the ZKP presale is in its final 24 hours, after which the daily token allocation will permanently decrease.
Currently, during Stage 2, 190 million ZKP tokens are available daily through a transparent, on-chain auction. Once the countdown concludes, the system will transition to Stage 3, where the daily supply will be cut by 10 million tokens to a cap of 180 million coins per day. This reduction is part of a structured 450-day, 17-stage distribution plan designed to create mathematical scarcity, with a projected total raise reaching $1.7 billion. Any tokens not purchased at the end of each 24-hour auction period are permanently burned.
To ensure fairness and prevent market manipulation, the ZKP presale implements an Anti-Whale rule, limiting individual wallet purchases to $50,000 per day. The project positions itself as a privacy-centric Layer 1 blockchain for AI infrastructure, secured by dedicated hardware called "Proof Pods" that utilize a hybrid consensus of Proof of Intelligence (PoI) and Proof of Space (PoSp). The team has reportedly self-funded over $100 million in hardware infrastructure.
Meanwhile, other projects show parallel developments. Hyperliquid (HYPE) recently processed $5.2 billion in on-chain metals trading volume in 24 hours, signaling a shift toward multi-asset markets. The Sui (SUI) network saw a 7.55% price increase, supported by the launch of the suiUSDe stablecoin and new institutional yield pools. Established coins like Monero (XMR) and Cardano (ADA) face their own market dynamics; Monero has declined over 50% from its January 2026 peak amid regulatory pressure, while Cardano, with over 1.3 million active wallets, sees its long-term outlook tied to steady ecosystem development.
