Ethereum Foundation Launches ZKAPI for Secure Private Payments

The Ethereum Foundation has announced the launch of ZKAPI, a tool for private API payments and AI inference developed in collaboration with the Open Anonymity Project. This development aims to provide secure, zero-knowledge transactions in the AI sector.

ZKAPI targets the growing demand for privacy layers amid the increasing impact of the AI industry on the market. The launch aligns with rising demand for private payments and shapes Ethereum price prediction models for the next quarter.

Ethereum's price currently holds at $2703.95 on the 4-hour chart, within Bollinger Bands, with EMA50 at $2679.64 providing support and EMA200 at $2539.8 anchoring a broader bullish structure.