The post SOL Pulls Back, Cardano Holds, And ZKP Crypto’s Presale Auction Breaks Out As the Next Big Crypto Opportunity! appeared on BitcoinEthereumNews.com. CryptoThe post SOL Pulls Back, Cardano Holds, And ZKP Crypto’s Presale Auction Breaks Out As the Next Big Crypto Opportunity! appeared on BitcoinEthereumNews.com. Crypto

SOL Pulls Back, Cardano Holds, And ZKP Crypto’s Presale Auction Breaks Out As the Next Big Crypto Opportunity!

7 min read
Crypto Projects

Learn why SOL is dropping due to macro pressure as ADA stays steady at key support. See how ZKP’s 190M daily token drop offers a new way for investors to secure the next big crypto.

The beginning of 2026 has brought a new atmosphere to the digital asset space. Instead of seeing aggressive trends, the current market is moving through a careful evaluation phase.

Solana has dealt with a quick pullback linked to global economic pressure, whereas Cardano has found its footing in a stable pattern near its long-term support levels. This difference has defined recent Solana news and Cardano news, as both tokens show a sense of caution rather than strong momentum.

As price swings settle, investors are looking for where real potential lives during this consolidation. Instead of just following price bounces, interest is turning toward projects that clearly define how users participate.

This change is altering how people view risk, timing, and the creation of value. In this setting, Zero Knowledge Proof (ZKP) is starting to stand out. It is gaining ground not by promising quick recoveries, but through a unique daily presale auction and an infrastructure-focused model. For many, this is where the potential for the next big crypto currently lies.

Solana Hits Fresh Lows as Market Energy Continues to Fade

Current Solana news remains focused on sustained downside pressure, with the asset extending losses to over 16% on the week and sliding toward the $100–$105 zone. The move reflects a broader risk-off environment driven by macro uncertainty, as traders continue to reduce exposure across high-beta assets. While Bitcoin and Ethereum have also weakened, Solana has underperformed many top-tier tokens, marking its lowest levels in several weeks.

From a technical perspective, price action has broken decisively below the 20-day and 50-day exponential moving averages, now clustered well above the market near the $120–$125 range and acting as firm resistance. Momentum indicators remain soft, with the daily RSI holding below 40 and the 4-hour RSI having recently dipped into oversold territory, suggesting selling pressure may be slowing but not yet reversing.

A short-term death cross has reinforced the bearish structure. Although intermittent long positioning has appeared near the $100 handle, overall open interest continues to trend lower, indicating traders are still prioritizing capital preservation over aggressive dip-buying. For now, Solana’s recovery prospects remain limited unless broader market sentiment stabilizes and reclaiming the $110–$115 zone becomes possible.

Right now, Solana news identifies the $100 level as the most critical zone to watch. Holding above this area could allow the price to stabilize after recent losses, while a sustained break below it may expose Solana to further downside toward the $95 region. Until stronger buying interest returns and volume expands, the narrative for Solana remains centered on defending key support rather than initiating a fresh recovery rally.

Cardano Finds Short-Term Stability as Key Technical Levels Hold

In contrast to Solana’s recent weakness, current Cardano news points to relative stability rather than acute stress. ADA has been consolidating near the $0.29–$0.31 zone after a weekly decline of over 14%, with price action flattening following a prolonged drawdown of more than 70% from its late-2024 highs. This area has emerged as an important support region, helping slow downside momentum rather than triggering a fresh breakdown.

On the weekly timeframe, ADA remains positioned within a broad multi-year megaphone formation that has guided price action since 2023. From a structural standpoint, Cardano is hovering near a potential Elliott Wave inflection zone, which in past cycles has preceded larger directional moves if support holds. While upside remains limited without a broader market recovery, the technical structure of Cardano has not yet deteriorated, keeping the focus on stabilization rather than capitulation.

Fundamental Cardano news continues to center on upcoming protocol developments, including improvements to network scalability and the rollout of enhanced privacy features. For now, sentiment around Cardano remains balanced. Buyers have yet to show strong conviction, but sellers have also failed to force a deeper breakdown. This equilibrium keeps ADA in a consolidation and observation phase, reinforcing a wait-and-see dynamic rather than signaling an extension of the recent downtrend.

ZKP Brings A New Strategy with Its Presale Auction & Infrastructure

ZKP is entering the conversation through its specific design and execution rather than just following market trends. Instead of using typical fixed price tiers or private sales, the network distributes its tokens through a daily, on-chain presale auction that starts over every 24 hours.

Each day, 190 million tokens are released, and they are given out proportionally based on how much each person contributes to the pool. This system is completely transparent and runs on the blockchain, which removes the advantage of getting in “early” and creates a clear price that updates every single day.

Beyond just how tokens are sold, the technology itself is a major reason for the project’s growth. ZKP is a Layer-1 blockchain that supports both EVM and WASM systems. EVM support means that apps built for Ethereum can move over easily, while WASM allows for the heavy-duty computing needed for AI. These different layers are joined by zero-knowledge “wrappers” that allow people to check the results of a calculation without ever seeing the private data behind it.

Zero-knowledge proofs are the foundation of this entire project. It uses zk-SNARKs for quick on-chain checks and zk-STARKs for larger tasks that happen off-chain, ensuring everything is transparent and secure against future quantum computers. This shifts the focus from trusting companies to trusting the math.

The network also relies on user hardware. Proof Pods are simple devices that perform the actual computing tasks for the network. Users earn ZKP tokens for the work their devices do, and the rewards are calculated based on the previous day’s auction price. This creates a direct link between helping the network grow and the value of the tokens.

As the daily presale auctions continue and more people join the network, ZKP is being discussed more as a functional system than just a speculative bet. This is why many are looking at it as a candidate for the next big crypto based on measurable results.

Summing Up

When viewing the broader market, the contrast between the two assets is clear. Solana news reflects a project facing heightened pressure from macroeconomic uncertainty and risk-off conditions, with price action still struggling to regain lost ground. In comparison, Cardano news points to a more resilient profile, as the asset continues to respect its long-term technical structure despite muted momentum. Together, these dynamics illustrate a wider market environment defined by hesitation, where major cryptocurrencies remain in a holding pattern while traders wait for a decisive catalyst to drive the next move.

However, ZKP has carved out a different path in this environment. Its daily presale auction and focus on AI computing offer an alternative that is driven by participation rather than hype. While many traders will still focus on the most well-known coins for their liquidity, those looking for systems built on transparency are expanding their search.

Discussions about the next big crypto are now looking past simple price charts and toward how these new platforms actually work. As the biggest assets take a break, the focus is shifting to how value is created.

Explore ZKP:

Website: https://zkp.com/

Buy: http://buy.zkp.com/

Telegram: https://t.me/ZKPofficial

X: https://x.com/ZKPofficial


This publication is sponsored and written by a third party. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned.

Author

Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.

Next article

Source: https://coindoo.com/sol-pulls-back-cardano-holds-and-zkp-cryptos-presale-auction-breaks-out-as-the-next-big-crypto-opportunity/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Bitcoin ETFs Outpace Ethereum With $2.9B Weekly Surge

Bitcoin ETFs Outpace Ethereum With $2.9B Weekly Surge

The surge follows a difficult August, when investors pulled out more than $750 million while rotating capital into Ethereum-focused funds. […] The post Bitcoin ETFs Outpace Ethereum With $2.9B Weekly Surge appeared first on Coindoo.
Share
Coindoo2025/09/18 01:15
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
Vitalik Buterin Questions the Continued Relevance of Ethereum’s Layer 2 Solutions

Vitalik Buterin Questions the Continued Relevance of Ethereum’s Layer 2 Solutions

The post Vitalik Buterin Questions the Continued Relevance of Ethereum’s Layer 2 Solutions appeared on BitcoinEthereumNews.com. Vitalik Buterin, a prominent voice
Share
BitcoinEthereumNews2026/02/04 05:30