Polyhedra Network (ZKJ) is a cryptocurrency token built on the Ethereum platform, launched in March 2024. It focuses on providing scalable and efficient blockchain solutions through advanced zero-knowledge proof technology.
Current Market Performance
The live price of Polyhedra Network (ZKJ) stands at $0.1772 USD, reflecting a -13.48% change in the last 24 hours. Trading volume over this period reached $8,399,952 with 47,393,092 ZKJ coins exchanged across 16 different platforms.
Today's trading session opened at $0.1935, representing an -8.40% decline from the opening price. Despite briefly rallying to $0.1941, the token faced significant resistance and failed to maintain upward momentum.
Price Performance Metrics
- 7-day performance: -24.20%
- 30-day performance: -91.17%
- Year-to-date performance: -84.23%
- All-time high: $3.60 (March 28, 2024)
- 52-week range: $0.1893 - $2.31
Market Capitalization and Ranking
Polyhedra Network currently holds a market capitalization of $20 million, ranking #642 among all cryptocurrencies. The circulating supply stands at 113 million coins, while the fully diluted valuation reaches $177.2 million.
Compared to other crypto assets launched in 2024, ZKJ demonstrates above-average trading volume. The average volume for 2024-launched coins is $1 million, while ZKJ maintains $8 million in daily trading activity.
Technical Indicators and Analysis
Current technical indicators present a mixed outlook for Polyhedra Network:
Momentum Indicators:
- RSI (14): 16.49 (Buy signal)
- Williams Percent Range: -99.68 (Oversold)
- Ultimate Oscillator: 34.70 (Neutral)
Moving Averages:
All major moving averages (SMA and EMA across 10-200 day periods) currently indicate Sell signals, suggesting persistent downward pressure.
The token's volatility metrics remain elevated:
- 3-month volatility: 523.45%
- 6-month volatility: 508.10%
- 12-month volatility: 512.99%
Wealth Distribution Analysis
The distribution of ZKJ tokens shows significant concentration among major holders:
- Top 10 addresses: 71.54% of total supply
- Addresses 11-100: 27.94% of total supply
- Remaining addresses: 0.51% of total supply
This concentration level is an important consideration for investors, as large holders can significantly impact price movements through their trading activities.
Blockchain Network Statistics
Polyhedra Network demonstrates active on-chain activity:
- Transactions (24h): 326
- Average hourly transactions: 13.58
- Top 100 addresses hold: 99% of total supply
The network has processed over 25,787 transactions in the last 30 days, averaging 859.57 daily transactions.
Category Rankings and Positioning
Polyhedra Network holds notable positions in specific cryptocurrency categories:
- Real World Assets (RWA): #45
- Interoperability solutions: #33
These rankings indicate the project's relative standing within these emerging blockchain sectors.
Investment Considerations
The token has experienced significant challenges recently, with a maximum drawdown of -95.11% from previous highs. However, the project maintains a winning days percentage of 48.82%, indicating nearly equal distribution between positive and negative trading sessions.
For those interested in deeper analysis of blockchain performance metrics, you can explore advanced analytical tools that provide comprehensive market data.
Frequently Asked Questions
What is the current price of Polyhedra Network (ZKJ)?
The current price is $0.1772 USD, representing a -13.48% change over the past 24 hours. The token has experienced significant volatility recently, with a -24.20% change over the past seven days.
What was the highest price ever reached by ZKJ?
Polyhedra Network reached its all-time high of $3.60 on March 28, 2024. This represents a significant decline from historical peaks, with current prices approximately 95% below this record level.
How does Polyhedra Network rank among cryptocurrencies?
ZKJ currently ranks #642 by market capitalization among all cryptocurrencies. The project holds more specialized rankings of #45 in Real World Assets and #33 in Interoperability solutions categories.
What is the market capitalization of Polyhedra Network?
The current market capitalization is $20 million based on circulating supply. The fully diluted market cap, calculated using total supply, would be $177.2 million at current price levels.
When was Polyhedra Network launched?
The project launched in March 2024, with smart contract deployment occurring on March 10, 2024. This makes it a relatively new entrant to the cryptocurrency market.
Where can I trade Polyhedra Network tokens?
ZKJ is currently available on 16 different exchanges. The token has demonstrated substantial trading volume recently, exceeding $8 million daily despite the relatively modest market capitalization.
For those looking to diversify their portfolio with emerging blockchain technologies, you can discover additional investment opportunities in the interoperability and zero-knowledge proof sectors.