Ethereum Price Cools as ZKP Presale Smashes $2.23M Goal

The Ethereum price has cooled after climbing from around $1,796 to nearly $1,933 before slipping back to about $1,876. Despite this pullback, the network is showing signs of improving activity with transaction fees up 86% and median fees rising 16% over the past week.

Meanwhile, developer activity remains strong with smart contract deployments running 190% above their 90-day average. Ethereum's available supply continues to tighten, with around 33.69% of all ETH now staked, a record high.

The Cardano price prediction shows the token trading around $0.165 and staying below its key moving averages. Market sentiment is cautious, with the long-to-short ratio at 0.82 indicating more traders expect further losses than gains.

However, one project that's drawing attention for very different reasons is Zero Knowledge Proof (ZKP). Its presale has already raised $2.23 million from over 7,000 buyers, with Stage 1's $0.0004 pricing offering 100x potential for today's buyers.