ZKJ Token Price Analysis and 2025 Price Prediction
In June 2025, the cryptocurrency market witnessed a thrilling black swan event: the native Token ZKJ of Polyhedra Network experienced a flash crash on the Binance Alpha platform, plummeting from $1.946 to $0.3767, with a maximum daily fall of 80.64%, and nearly $100 million in liquidations across the network. This incident not only exposed the fragility of the liquidity structure of altcoins but also prompted investors to reassess the true value and technological potential of ZKJ.
As of June 23, Gate.io exchange data shows that the ZKJ price continues its fall trend, currently reported at 0.2368 USD, with a market cap maintained around 76 million USD. This article will provide an in-depth analysis of ZKJ’s future trends based on data from the Gate platform, combining technical aspects and ecological developments.
ZKJ Big Dump Event: Liquidity Dilemma and Market Chain Reaction
On June 15, 2025, at 20:30 (UTC+8), ZKJ and KOGE Tokens experienced a “domino effect crash” on the Binance Alpha platform. On-chain analyst AI Aunt (@ai_9684xtpa) tracked the coordinated actions of three key addresses:
- Address 0x1A2 withdrew $3.76 million KOGE and $532,000 ZKJ liquidity between 20:28 and 20:33, then sold 1.573 million ZKJ;
- The other two addresses simultaneously withdrew over $3.45 million in liquidity and sold 1.772 million ZKJ;
The sudden depletion of the liquidity pool triggered a panic sell-off, with ZKJ trading volume surging by 320% within two hours, but the price still experienced a big dump of 80%.
The underlying causes point directly to the flaws in Binance’s Alpha point mechanism — users have been long-term trading the ZKJ/KOGE trading pair to inflate trading volume points, creating “false liquidity.” When large investors withdraw funds, breaking the narrow price range, there is a lack of real buying support, ultimately triggering a chain collapse. Additionally, the unlocking of 15.53 million tokens (accounting for 5.04% of the circulating supply, valued at approximately 30.3 million USD) on June 19 may be a significant reason for the further pressure on ZKJ’s price.
Current Technical Situation and Market Sentiment: Oversold Rebound and Bearish Momentum Tug-of-War
After the flash crash, ZKJ shows typical “high volatility repair” characteristics (based on Gate exchange data):
- The RSI once touched the 18 oversold zone, attracting bottom-fishing buyers in the short term, with trading volume surging to 320 million USD within 24 hours.
- MACD still maintains a bearish trend, and OBV (On-Balance Volume) has decreased by 25% within two hours, reflecting that the selling pressure has not been fully released.
- The key support level has shifted to the range of 0.2 - 0.25 dollars, and a fall below this level may trigger a second bottom.
On-chain data further supports that market confidence has been undermined: the number of active addresses holding ZKJ decreased by 12% within 24 hours (according to Glassnode data), and the trend of funds migrating to stablecoins increased by 10%. Coupled with a 1.8% drop in the S&P 500 index on the same day, institutions are reducing exposure to high-risk crypto assets, and inflows into crypto ETFs have decreased by 15%.
ZKJ Fundamentals and Ecological Progress: The Value Anchor of Cross-Chain Technology
Setting aside price fluctuations, the technical architecture of Polyhedra Network remains competitive:
- The core product zkBridge uses zero-knowledge proofs (zk-SNARKs) to achieve secure cross-chain communication across more than 20 chains, including Ethereum, BNB Chain, and Bitcoin, reducing transaction verification costs by over 50%;
- The zkDID decentralized identity protocol and the Ghostor privacy application have entered the testing phase, expanding Web3 Privacy scenarios;
- In terms of capital, it received investments from Binance Labs, Polychain, and OKX Ventures, and completed a $20 million financing with a valuation of $1 billion in March 2024.
In terms of ecological progress, after the listing of the ZKJ/USDT trading pair on Gate.io, Polyhedra’s liquidity increased by 40%. Its wallet supports account abstraction (AA) and multi-chain asset management, with a user experience rating of 4.7/5. If the progress of ecological application implementation exceeds expectations, it could become a catalyst for price recovery.
2025 Price Prediction: Divergent Patterns in Bull-Bear Struggle
Based on Gate historical data and industry analysis, the market shows polarized views on ZKJ’s trend in 2025:
| predict direction | Core logic | Target range | possibility |
|---|---|---|---|
| bullish expectation | The expansion of technology applications drives valuation recovery. | 1.2 - 2.5 | low |
| bearish expectation | Liquidity risk and unlocking selling pressure | 0.3 - 0.9 | high |
- Optimistic forecast: Institutions such as Crypto Ticker believe that if the demand for cross-chain interoperability explodes, it is expected to reach $4.94 by the end of the year, with an average annual price anchored at $4.11; CoinUnited analysts are even more aggressive, proposing the “$60 theory,” which requires a market cap to exceed $60 billion (currently 60 times), relying on large-scale institutional adoption;
- Cautious prediction: Multi-platforms such as DownCodes based on the token economic model (total supply of 1 billion tokens, circulating supply of only 308 million) indicate that future unlocking and inflationary pressure may suppress the price to 1.62 USD;
In the short term, focus on the trading depth of the ZKJ Token on the Gate platform. If the selling pressure is successfully digested, a technical rebound may occur in the third quarter.
Gate.io Exchange Trading Strategy Recommendations
For investors with different risk preferences, the Gate platform offers differentiated operation paths:
- Short-term volatility trading: Use the support zone of 0.2 - 0.25 USD to set limit orders, combined with the 1-hour RSI < 25 oversold signal for a light position entry, targeting a rebound of 5% - 8% (strict stop loss at 0.18 USD);
- Hedging risk with staking: Gate offers ZKJ staking with an annualized rate of 35% (far higher than the industry average of 6% - 8%), suitable for long-term holders to offset deflationary pressure;
- On-chain monitoring tools: Real-time tracking of whale addresses (such as Lookonchain), large transfers to exchanges often indicate a sell-off one hour prior.
The future of ZKJ is like a metaphor for zero-knowledge proof technology: the truth is hidden in an encrypted black box, waiting for the market to gradually validate it. In the short term, the unlocking of selling pressure and liquidity recovery creates a “long-short double kill” pattern; in the long term, its zkBridge still has room for imagination in the technical barriers of Web3 interoperability. Investors should take the depth of the Gate platform as a weather vane and strictly control their positions within the risk tolerance range, seeking a balance between technological revolution and market bubble.
