ZKWASM (ZKWASM) has risen 18.29% in the last 24 hours.

Gate News Bot message, on August 21, according to CoinMarketCap data, as of the time of writing, ZKWASM (ZKWASM) is currently priced at 0.06 USD, with an 18.29% rise in the last 24 hours, reaching a high of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 5.79 million USD, an increase of 895,500 USD compared to yesterday.

ZKWASM is a ZK simulator that can prove the correct execution of WASM applications. It serves as a trustless adapter between rich applications running on the WASM runtime and smart contracts on various blockchains. Its mission is to provide Web2 developers with a concise toolkit to leverage the power of Web3 in their applications. The ZKWASM Hub is a hosted cloud service for finding and sharing ZKWASM application images. It offers automatic proof and batch processing services, with customizable WASM extensions. The ZKWASM hub supports a permissionless proof node pool, allowing anyone to join and provide proof services for applications.

Important news about ZKWASM recently:

1️⃣ Polygon Labs and NEAR Announce Integration of ZK-Prover WASM Polygon Labs and the NEAR Foundation jointly announced an important collaboration to integrate ZK-Prover WASM technology. This initiative aims to enhance the scalability and interoperability of blockchain, with the potential to bring broader application scenarios and technical support to the ZKWASM project.

2️⃣ NEAR Foundation collaborates with Polygon Labs to build ZK solutions The NEAR Foundation has partnered with Polygon Labs to jointly develop solutions based on zero-knowledge proofs. This collaboration will promote the application of ZK technology across different blockchain ecosystems, potentially enhancing the market position and technical value of ZKWASM.

3️⃣ Blockchain infrastructure projects receive investment support Recently, some projects focusing on ZK proof and Web3 development infrastructure have received support from investment institutions. This indicates that ZK technology and related infrastructure are receiving significant attention in the industry, which may bring more development opportunities for projects such as ZKWASM.

From a technical perspective, ZKWASM serves as a bridge connecting WASM applications and blockchain smart contracts, and its value increases as the application of ZK technology expands in the blockchain field. Recent cooperation and investment trends within the industry may be important factors driving the rise in ZKWASM prices.

This message is not intended as investment advice; investors should be aware of market volatility risks.