Kite's market capitalization surpasses $340 million and has now entered the top 100 in the cryptocurrency market cap rankings.

ZEC plummets 25% but still "holding on": Why do Zcash miners and users continue to bet on the privacy coin?

February 11 News, privacy cryptocurrency Zcash (ZEC) continues to weaken amid rising market risk aversion, with a decline of over 25% this month. In January, ZEC plummeted more than 41%, continuing its downward trend since 2026. As of press time, ZEC is priced at approximately $227.22, down another 4.29% in the past 24 hours. Looking back at its trend, ZEC once surged over 440% in October 2025 against the trend, becoming one of the few strong assets at that time. Despite volatile fluctuations in November and December, it ultimately closed slightly higher. However, after entering 2026, global risk assets came under pressure, coupled with rumors of Electric Coin Company (ECC) parting ways with Bootstrap, which significantly cooled market sentiment and led to continuous selling pressure on ZEC.

LayerZero (ZRO) surges 22%: Zero Blockchain countdown to launch, Citadel strategic investment ignites institutional enthusiasm

On February 11, news reports indicate that LayerZero (ZRO) has risen approximately 22.36% in the past 24 hours, with the price briefly reaching $2.45. It is currently hovering around $2.35. Driven by multiple major positive developments, ZRO's daily trading volume surged by 328%, reaching approximately $500 million, indicating a rapid influx of capital and attention. The core catalyst for this rally comes from LayerZero Labs' release of the new Layer-1 network Zero. The platform targets institutional financial markets and is scheduled to launch in Fall 2026. Zero will utilize zero-knowledge proofs and the Jolt virtual machine architecture. The official claim is that its theoretical throughput can reach 2 million transactions per second, addressing scalability and efficiency bottlenecks faced by traditional blockchains. The network will establish three permissionless "zones," governed by the underlying protocol, with ZRO serving as the native token and governance asset.

Bitcoin’s Ongoing Plunge Denotes Strongest Drawdown, Says Anthony Pompliano

Anthony Pompliano asserts that the current Bitcoin plunge is its strongest drawdown, despite appearances. He argues that market data shows a structural shift towards lower volatility, indicating long-term strength amid short-term fluctuations, supported by growing trading interest and macroeconomic factors.

U.S. stock futures see a broad decline in crypto-related stocks, BMNR drops 6.99%

Odaily Planet Daily reports that according to msx.com data, U.S. stock pre-market crypto concept stocks declined across the board, with MSTR down 3.93%, SBET down 6.47%, BMNR down 6.99%, and CRCL down 0.58%. It is reported that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering U.S. stocks such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.

NIL (Nillion) up 32.14% in the last 24 hours

Gate News Bot Message, February 11th, according to CoinMarketCap data, as of press time, NIL (Nillion) is trading at $0.06, up 32.14% in the past 24 hours, reaching a high of $0.06 and a low of $0.04. The 24-hour trading volume is $12.4 million. The current market cap is approximately $18.1 million, an increase of $4.41 million from yesterday. Nillion is a network platform dedicated to decentralized sensitive data trust. By building the world's first "blind computer," it aims to unlock personalized AI. The platform treats data privacy as a driving force rather than a limitation, utilizing cryptographic technology based on Information-Theoretic Security (ITS) to achieve quantum-safe data protection. Nillion's core architecture consists of the processing layer, coordination layer, and connection layer. By deploying nodes, it forms a network.