#Creator Campaign Phase 2 #ZKWASM

ZKWASM Surges 21% as zk-WASM Adoption Grows in Bullish Altcoin Market

The ZKWASM project from Delphinus Lab merges zero-knowledge proofs with WebAssembly to create a scalable, privacy-focused execution layer for decentralized applications.

Games and other dApps use this zkWASM stack to run complex logic off-chain while submitting only cryptographic proofs on-chain, cutting gas costs and preserving data confidentiality.

Architecturally, zkWASM operates in layers: transactions are sequenced and processed in an off-chain WASM VM, and a dedicated proving network generates zk-SNARK proofs that are batched and sent to on-chain settlement.

The ZKWASM token serves as the native utility, reward, and governance token of this ecosystem.

It pays for proof generation and transaction fees and secures the prover network, aligning token use with network security and throughput.

Total supply is fixed at 1B ZKWASM, with 35% allocated to prover (mining) rewards and 18% to a growth foundation; the remainder is split among investors, team, operations and community programs.

The token is issued on BNB Chain (BNB Smart Chain) with multi-chain compatibility.

This tokenomics is designed to incentivize high-performance zkWASM verifiers while funding long-term development.

On the 4-hour chart, ZKWASM’s price recently spiked ~21% to $0.0337 on Jul 29, breaking above recent consolidation highs.

This push lifted price above the short-term EMA5/10/20 bands, suggesting bullish momentum is strong.

Bollinger Bands expanded on the rally, and the Parabolic SAR stays below price, reinforcing an uptrend.

The MACD has crossed positive (histogram rising) and volume surged, indicating the breakout is accompanied by increasing momentum.

Quantitatively, trading volume reached about 1.05M (base currency units) on Jul 29, and the token’s fixed 1B supply caps inflation.

Volatility has been high: recent daily moves of ~+6.6%, -4.2%, +21% over successive days show large swings.

Ethereum has led gains recently – reaching ~$3,900 (a multimonth high) on record ETF inflows – and Bitcoin has held around $115–120K, indicating the ZKWASM rally is driven more by broad altcoin strength than by weakness in majors.

Broadly, markets remain risk-on, with BTC dominance falling and total altcoin market cap making higher highs.

This environment favors higher-beta assets like ZKWASM.

Near term, after such a rapid move, some consolidation or pullback toward mid-$0.02 support (around the EMA20 level) seems plausible before any next leg higher, assuming overall crypto sentiment holds.