Boundless (ZKC) token's market capitalization, which currently places it in the low-to-mid range of new crypto projects. As of early October 2025, the circulating market capitalization for ZKC is hovering in the range of $64 million to $68 million USD, based on a circulating supply of approximately 200.94 million ZKC tokens. This places the token's ranking in the low-to-mid hundreds globally by market cap, demonstrating significant activity but also a relatively small scale within the broader crypto ecosystem.
This current valuation is a stark decline from its initial post-launch activity. The ZKC token experienced a significant price surge following its September 2025 debut and mainnet launch, with its all-time high reportedly reaching up to $1.78 to $2.13 per token. This initial rally would have briefly propelled its market capitalization significantly higher, potentially over $200 million USD. However, this peak was quickly followed by a sharp and substantial correction, a typical pattern for tokens after major exchange listings and airdrops, with its price falling to the $0.32 - $0.34 range in early October.
The intense market volatility and the subsequent stabilization in the $65 million range are fundamentally driven by both technical milestones and tokenomics. Boundless is a project focused on providing universal zero-knowledge proving infrastructure, having recently launched its mainnet. This technical achievement, along with a high 24-hour trading volume often exceeding $45 million USD, showcases strong market interest and utility anticipation. However, the price performance is concurrently being managed by supply dynamics, as the circulating supply of 200.94 million is only about 20% of the total supply of 1 billion ZKC tokens, with future vesting schedules for ecosystem, team, and investor allocations posing a consistent source of potential sell pressure.
the Boundless (ZKC) token is currently navigating a critical price discovery phase. Its market capitalization of roughly $64 million reflects a significant correction from its euphoric all-time high, positioning it as a mid-tier infrastructure token. The long-term stability and growth of this market cap will depend heavily on the project's success in onboarding users and developers to its ZK computing marketplace, effectively balancing the market's enthusiasm for its technology against the inevitable selling pressure from future token unlocks as the remaining 80% of the supply enters circulation.
