Zero Knowledge Proof (ZKP) Drives Interest With $500,000 Giveaway as AVAX and Chainlink Shift

by Samantha McLauren

Three distinct assets currently draw significant attention from market participants. Avalanche, Chainlink, and Zero Knowledge Proof (ZKP) each present a unique case study for those who analyze market structure. Analysts are looking closely at technical charts, the demand from institutions, and new models for early participation. 

Avalanche currently sits at a critical price floor as experts debate where the trend goes next. Chainlink faces some downward pressure on its price while money flowing into its exchange-traded products slows down. 

Meanwhile, Zero Knowledge Proof (ZKP) increases its visibility through a large reward campaign that offers $5 million in total prizes linked to its presale. These events show how money moves between older networks, established infrastructure, and new projects that test different ways to reward users. 

While the market judges larger assets on their price history, new entries like Zero Knowledge Proof (ZKP) attract views based on how they design access for early buyers.

Avalanche Tests Key Price Levels as Market Watches for Direction

Avalanche currently trades in a range between $13.50 and $14.00. This specific zone acts as a solid base for the asset following a period of unstable price action. Market watchers who track these movements notice that AVAX successfully stayed above the $13.50 mark. This price point has served as a reliable floor for demand since the start of 2024.

From a technical view, the asset must stay above $13.50 to keep the short-term outlook positive. If the price breaks down below this level and stays there, it opens up the risk of a drop toward the $12.80 or $12.50 area. Buyers stepped in at those lower levels in the past. On the other hand, if the price climbs and stays above $14.80, AVAX could start a recovery move. This path could lead toward the resistance band between $16.50 and $17.50. That higher area stopped price increases previously.

Data from the blockchain supports this story beyond just the price charts. Avalanche recently went past $1 trillion in total transaction volume. Also, users completed more than 43% of all C Chain transactions in the year 2025 alone.

Chainlink Faces Pressure as ETF Interest Slows Down

The price of Chainlink faces ongoing pressure after it fell for several days in a row. This drop happens at the same time that demand for exchange traded products linked to LINK begins to fade. The asset dropped to near $13 which puts it more than 50% below the highs it reached in August. The total market value for the asset also declined to about $9.3 billion.

Current data shows that the Grayscale Chainlink ETF received no new money in recent days. This lack of action brings the total net inflows to about $63.3 million. The monthly inflows slowed down a lot when you compare them to earlier months. 

Even with the soft demand for ETFs, the core basics of the project remain strong. The amount of LINK held on exchanges continues to go down. At the same time, the strategic reserve for Chainlink grew larger. This growth includes a recent purchase of more than 87,000 LINK. 

However, chart patterns still look weak. The price sits below key average lines and forms a bearish shape. This suggests that the risk of more price drops remains high for Chainlink in the near future.

Zero Knowledge Proof (ZKP) Generates Activity With Giveaways

Zero Knowledge Proof (ZKP) captures interest through a reward system that focuses heavily on active participation. This system connects directly to its presale auction. The project runs a Gleam competition that sets aside $5 million worth of Zero Knowledge Proof (ZKP) assets. The team designed this campaign to give rewards to contributors who take action during the early phase rather than those who just watch passively.

To qualify for these rewards, a user must hold at least $100 worth of Zero Knowledge Proof (ZKP). They must also complete specific tasks and can choose to refer others to the project. The referral system works in a specific way. It gives 20% of the reward to the person who refers a new user and 10% to the person who joins. This creates a model where rewards grow through activity instead of spreading thin. The stakes are high as ten winners will each receive $500,000 USD worth of Zero Knowledge Proof (ZKP).

This campaign runs at the same time as the presale auction which is the only live part of the project right now. The messaging focuses strictly on early commitment and actions that people can verify. There is no mention of when the broader network will open. This approach places Zero Knowledge Proof (ZKP) in the middle of current conversations about how new crypto projects structure their early access. Zero Knowledge Proof (ZKP) builds its reputation on proof of action. By linking incentives to measurable tasks, the market evaluates the project on how well it aligns early buyers with long-term community goals.

Closing Market Summary

Avalanche and Chainlink show the difficulties that older protocols face when the market is unsure. Avalanche must defend a vital price level that will decide its next big move. Chainlink deals with selling pressure as interest in its ETFs cools down even though its technology remains widely used.

On the other hand, the market views Zero Knowledge Proof (ZKP) through the lens of its presale design. With $5 million USD worth of Zero Knowledge Proof (ZKP) up for grabs in a competition that demands action, the focus stays on how these engagement models drive attention before the project opens fully.

Explore Zero Knowledge Proof:

Auction: https://auction.zkp.com/

Website: https://zkp.com/

X: https://x.com/ZKPofficial

Telegram: https://t.me/ZKPofficial