Types of Zero-knoweldge Rollup (ZK Rollup)
Factors that differentiate various types of zero-knowledge rollups include:
Proof System: Refers to the type of zero-knowledge proof employed to verify on-chain transactions. Different proof systems possess distinct properties and trade-offs, such as proof size, verification time, prover time or trusted setup. Popular proof systems include zk-SNARKs, zk-STARKs, PLONK and Bulletproofs. Examples of zk-rollups using different proof systems are zkSync (PLONK), StarkWare (zk-STARKs), and Aztec (zk-SNARKs).
Circuit Design: Pertains to the encoding and execution of transactions on the layer-2 chain. Different circuit designs have implications for scalability, usability, and compatibility. Primary circuit designs include account-based, UTXO-based, and ZKVM-based.
Examples of zk-rollups using different circuit designs are zkSync (account-based), StarkWare (UTXO-based), and ZkPorter (ZKVM-based).
Data Availability Solution: Refers to the storage and access of full-block data off-chain. Different data availability solutions offer various pros and cons, such as decentralized storage networks (like IPFS), data availability committees (like Celestia), or data availability sampling (like Validium). Examples of zk-rollups using different data availability solutions are zkSync (IPFS), StarkWare (Validium) and ZkPorter (Celestia).
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$WCT /USDT Technical Analysis – April 17, 2025
WalletConnect Token ( WCT ) is currently trading at approximately $0.4015, experiencing a slight increase of 0.065% over the past 24 hours. The intraday high reached $0.4682, while the low touched $0.3730, indicating moderate volatility.
Key Technical Levels:
Immediate Support: $0.3730
Immediate Resistance: $0.4682
Next Resistance Levels: $0.50 and $0.55
Technical Indicators:
Moving Averages: WCT is currently trading above its 50-day simple moving average (SMA), suggesting potential bullish sentiment.
Relative Strength Index (RSI): The RSI is around 60, indicating neutral market conditions with no clear overbought or oversold signals.
MACD: A bullish crossover has been observed, indicating upward momentum.
Trade Setup:
Long Entry: Consider entering above $0.4682 if the price shows signs of support.
Targets: $0.50 and $0.55
Stop-Loss: Set below $0.3730 to mitigate potential downside risk.
Market Outlook: $WCT 's price movement suggests a cautious bullish trend. A sustained move above $0.4682 could indicate further upside potential. However, failure to hold above $0.3730 may lead to a retest of lower support levels.
Pro Tip: Monitor trading volume and market sentiment closely. A breakout above $0.4682 with increased volume could confirm the bullish trend.
Trade WCT /USDT on major exchanges
$WCT
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$BTC SHORT TRADE SETUP – Targeting $79,721 & $74,000
Bitcoin is currently pulling back from the $87,845 resistance zone and showing signs of bearish momentum. Price has rejected multiple times from the supply zone and is now heading toward the lower support levels.
📊 Trade Setup:
Entry Zone: Around $84,500
TP1: $79,721
TP2: $74,000 (Strong market support zone)
Stop-Loss: Above $86,935 (last rejection area)
Watch volume and candle confirmations before entering. If price holds below $85,000, further downside remains likely.
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$BNB Coiling Up - Breakout Imminent? ⏳
On the 4h timeframe, $BNB currently at $588.24, up by a modest +0.93%. The 24h high is $588.40, with a volume of 153,501.56 BNB and 89.60M USDT.
Key Observation:
appears to be consolidating within a tight range, suggesting potential for a breakout.
Resistance:
🛑 $592.00 (upper boundary of consolidation)
🛑 $593.34 (next potential resistance)
Support:
🛡️ $588.16 (lower boundary of recent consolidation)
🛡️ $582.24 (stronger support level)
$BNB Potential Bullish Targets (if upper resistance breaks):
🎯 $596.00
🎯 $600.00
Important Support Levels (if lower support breaks):
🛡️ $580.00
🛡️ $576.50 (24h low)
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Is an Altcoin Surge on the Horizon? Analyst Observes Pattern of Past Market Wildness
Despite a couple of altcoins painting new all-time highs, the anticipated altseason, a short period when capital shifts from Bitcoin to altcoins spurring significant price increases, hasn't really materialized. Other than a few altcoins like SOL and BNB, the general trend hasn't transitioned into an altseason phase.
Prominent altcoins like ETH have underperformed and are trading at multi-year lows. This has led to a surge in Bitcoin's dominance, with the altcoin season index falling below 20, a stage thought to precede major market movements.
Notably, The Moon Show's X channel released a chart indicating that April 2025 could be the calm before the storm, with the index nearing 'historical lows', a pattern that has typically been followed by altcoin rallies.