23 Jan 2026
ZKP Sees Soaring Demand for its Presale Auction as LINK Targets Breakout & ETH Turns Bullish: Which Crypto Should You Buy Now?
This week, Chainlink is showing signs of a confirmed breakout supported by whale activity. Meanwhile, Ethereum is being compared to past cycles as it gains strength against Bitcoin. Finally, there’s Zero Knowledge Proof (ZKP), which is being watched closely because its presale auction is live alongside a structured $5M reward campaign.
Together, these developments show how the market is not driven by one signal alone. Some assets are measured by price structure and supply shifts, others by long-term usage and network data. Newer projects are often assessed by how clearly they allow people to participate early, especially when presale crypto projects begin to attract attention.
Can Chainlink Sustain Its Breakout as Whales Accumulate?
Chainlink has moved into focus after large holders withdrew significant amounts of LINK from exchanges. One whale alone accumulated 342,557 tokens worth about $4.8M over two days, tightening supply on Binance. This activity happened during consolidation rather than after a sharp rally, suggesting positioning ahead of further movement. As a result, the Chainlink breakout narrative has gained traction among market watchers.
The timing of these withdrawals matters. Whales removed tokens while the price was stabilizing above key levels, not during a fast move higher. Exchange withdrawals often reduce short-term selling pressure, especially when overall market participation remains steady. In this case, declining spot supply strengthens the backdrop but does not guarantee upside on its own.
Technically, Chainlink has broken out of a long descending channel that capped the price for months. The price moved above the channel top near the mid $14 area and held there instead of falling back. This behavior reduces the risk of a false breakout. As long as the price stays above former resistance, the Chainlink breakout remains structurally intact, with buyers appearing to defend reclaimed levels.
Why Ethereum Could Outperform Bitcoin Again
Ethereum is being compared to earlier market cycles as analysts study its relative strength against Bitcoin. In past cycles, especially in 2019, Ethereum went through a long period of weakness before staging a major rebound. The ETH BTC ratio recently bounced from the same historical floor near 0.02 and has already climbed sharply since mid 2025.
This rebound has translated into stronger Ethereum performance compared to Bitcoin. While Bitcoin gained about 15% over the same period, Ethereum rallied close to 80%, pushing the price toward the $3.4K area. This shift suggests capital rotation rather than broad speculation, with investors gradually moving toward assets showing stronger fundamentals.
Network data supports this view. Ethereum has seen rising transaction capacity, growing real-world asset usage, and higher on-chain activity. These factors suggest that the recent Ethereum performance is being driven by real demand rather than hype alone. While a full repeat of past cycles is not guaranteed, the structure shows Ethereum carving its own path as market conditions evolve.
ZKP Sees Massive Participation in Live Presale Auction
Zero Knowledge Proof (ZKP) is being evaluated differently from established assets like Chainlink and Ethereum. Its presale auction is live, and attention is centered on how participation is structured rather than on price charts. Alongside the auction, a $5M reward campaign is active through a Gleam competition designed to reward early contributors.
To take part, individuals must hold at least $100 worth of Zero Knowledge Proof (ZKP), complete a few simple steps, and refer others to increase their chances. Ten winners are set to receive $500,000 worth of Zero Knowledge Proof (ZKP) each. This setup keeps the process clear while the presale auction is live and avoids complexity for new participants.
Referrals play a key role in the design. Participants earn 20% from referred entries, while new participants receive 10%, creating a compounding model without increasing the total reward pool. This structure has drawn interest from people tracking presale crypto projects that focus on fair access rather than short-term moves.
Because only the presale auction is live right now, Zero Knowledge Proof (ZKP) is often discussed among presale crypto projects that emphasize clear rules and transparent participation. The focus remains on commitment and early access, not on future market promises.
Closing Analysis
Chainlink and Ethereum highlight how established assets respond to different signals. Chainlink is benefiting from a tightening supply and a confirmed structural shift, while Ethereum is gaining strength through long term network use and relative performance against Bitcoin. Both show how data-driven analysis shapes market expectations.
However, Zero Knowledge Proof (ZKP) follows a separate path. With its presale auction live and a defined $5M reward structure, early participation is rising fast. Together, these examples show how different parts of the crypto market move at the same time, each guided by its own set of signals.
Explore Zero Knowledge Proof:
Website: https://zkp.com/
Auction: https://buy.zkp.com
Telegram: https://t.me/ZKPofficial
Ethereum Chainlink Zero Knowledge Proof ZKP
