Zama Protocol (ZAMA) has extended its remarkable rally, gaining 17% over the past day and an impressive 117% across seven days, according to latest market data. The cryptocurrency has demonstrated strong short-term momentum with a 24-hour trading range of $0.0778 to $0.09541, while maintaining its position as the 127th largest cryptocurrency by market capitalization at $226.10 million. The token's 24-hour trading volume reached $915.90K, indicating sustained market activity, and its fully diluted valuation stands at $1.02 billion. The token has also shown impressive short-term performance with a 7-day gain of 84.72% and a 1-hour gain of 0.93%.
Zama Protocol has achieved a remarkable milestone, climbing to a new all-time high of $0.09076148135817931 before experiencing recent price movements. According to latest market data, the altcoin has demonstrated exceptional momentum with a 27% daily surge and an impressive 67% weekly gain. The token's market capitalization has crossed the $200 million mark while trading volume has surged 149% to $274 million, reflecting high market activity and sustained investor interest. The cryptocurrency has shown remarkable resilience, outperforming the global cryptocurrency market which is up 4.00% while outperforming similar CoinList Launchpad cryptocurrencies which are up 12.40%.
The cryptocurrency market has witnessed significant capital rotation into privacy coins, with ZAMA benefiting substantially from this sector-wide trend. As reported by AMBCrypto, on September 19th, the altcoin's Buy Volume rose to a record high of 412.6 million while volume remained at 390 million, resulting in a Delta jump to 21 million. The positive momentum continued on September 20th, with Buy Volume reaching 70 million and a positive Delta of 6 million, indicating sustained buying pressure across both spot and futures markets. Investors withdrew roughly $31.66 million worth of ZAMA from exchanges over 24 hours, confirming continued accumulation despite recent price movements.
ZAMA's Open Interest crossed $52 million during the early hours, rising alongside its price, indicating fresh capital entering the perpetual market. According to AMBCrypto analysis, over 83% of the circulating supply is currently staked, with 2.2 billion ZAMA out of 2.5 billion total circulating supply currently locked away. This high staking ratio reduces potential selling pressure and creates a supply squeeze effect, where even modest demand can drive significant price movements higher. The current circulating supply stands at 2.51 billion ZAMA with a total supply of 11,304,428,717,342,567,531 tokens.
Technical indicators suggest ZAMA maintains strong upward momentum with the Aroon Up line at 92%, confirming robust bullish structure. As reported by AMBCrypto, the DMI indicator shows +DI around 49, indicating that if current demand levels persist and staked supply continues rising, the altcoin will likely make additional gains. However, the Liquidation Heatmap shows several unresolved clusters below ZAMA's price, creating potential downside risks. Near $0.073, the map showed roughly $247,510 in liquidation liquidity, with another $216,090 cluster appearing around $0.071. The Funding Rate remains modest at 0.0044%, meaning longs paid shorts while bullish positioning remains dominant, suggesting controlled leverage positioning.
