ZAMA (Zama) is up 28.59% over the past 24 hours

Gate News, July 23—according to Gate market data, ZAMA (Zama) is trading at $0.0484 as of the time of publication. Over the past 24 hours, it has risen 28.59%, reaching a high of $0.0509 and a low of $0.0393. The 24-hour trading volume is $321k. Its current market cap is approximately $107 million.

Zama is a cryptography company building open-source homomorphic encryption tools for developers. The Zama Protocol uses fully homomorphic encryption (FHE) technology to enable confidential assets to be natively issued, traded, and managed on public blockchains, while maintaining full verifiability and programmable compliance. The protocol can run natively on any L1 or L2, making confidential finance possible without new chains or trusted intermediaries. Zama is working to provide infrastructure support for institutional use cases such as confidential RWA tokenization, confidential payments and payroll, confidential DeFi trading, and confidential token distribution.

This news is not investment advice. Investors should be mindful of the risks of market volatility.