The Boundless (ZKC) network has entered a new chapter with the launch of its mainnet, delivering advanced verifiable compute capabilities to the blockchain ecosystem. However, while the upgrade signals strong technical progress, the token’s market performance has been volatile, raising both opportunities and risks for investors.
Mainnet Launch and Airdrop Impact
The mainnet debut brought excitement to the ZKC community, but it was quickly followed by heavy selling pressure. Within 24 hours of launch, ZKC’s price fell from around $1.80 to $0.79, largely due to airdrop recipients selling approximately 15 million tokens—representing about 1.5% of total supply.
This event highlighted the challenges of token distribution and post-airdrop market stability, especially for projects with large unlock schedules.
Current Market Snapshot
Price: ~$0.53–$0.55 (as of latest trading)
Intraday Range: $0.5295 – $0.5849
7-Day Trend: ~40% decline from highs
Circulating Supply: ~200.9M ZKC (≈20% of total supply)
Annual Inflation: ~7%, raising long-term tokenomics concerns
The rapid decline has placed ZKC in a fragile technical position, with analysts noting oversold conditions after breaking below key support levels.
Staking Gains Momentum
Despite the sell-off, ZKC is showing strength in its staking ecosystem. Over 7 million ZKC tokens have already been staked, signaling confidence from long-term supporters who see value in network participation and rewards.
Staking could also help offset circulating supply pressure and provide price stability if adoption grows.
Exchange and Ecosystem Growth
Several major exchange developments are keeping ZKC in the spotlight:
Binance has added ZKC to its VIP Loan program as a loanable asset.
Diffierent exchanges continues to promote ZKC through Launchpool campaigns and margin trading pairs.
Wider exchange availability is helping ZKC maintain liquidity despite market turbulence.
Key Risks Ahead
While the project’s technology and staking adoption are promising, risks remain:
Token Inflation & Unlocks: Only ~20% of supply is live, with more tokens set to enter circulation.
Market Sentiment: The sharp decline post-airdrop has dampened short-term confidence.
Competition: Verifiable compute is an emerging niche, but ZKC must differentiate itself to gain adoption.
Outlook
ZKC’s mainnet launch is a critical milestone, setting the foundation for broader adoption of verifiable compute in Web3. Yet, tokenomics and early sell-offs are key hurdles that need careful management.
If staking participation continues to grow and partnerships expand, ZKC could recover its momentum. For now, investors are watching closely to see whether fundamentals can outweigh market pressure.
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