Discover Ethereum’s wallet and Shiba Inu’s slowdown, as Zero Knowledge Proof (ZKP) runs a live presale auction & launches a $5 million reward campaign.

Crypto markets are moving in distinct ways this week as investors watch established coins and new projects closely. Ethereum is seeing a sharp rise in new wallet creation, hitting daily averages above 327,000 and signaling growing network use even without big price swings. Shiba Inu, by contrast, is stalling despite higher whale activity, with token movements showing long-term holding rather than immediate gains.

ZKP is drawing the most attention, running a live presale auction alongside a structured $5 million reward campaign. With clear participation rules and ten $500,000 prizes for early supporters, Zero Knowledge Proof is offering one of the most accessible and potentially rewarding opportunities in the market right now, making it the standout story for investors seeking early-stage growth.

Ethereum Hits Record 327K Daily New Wallets

Ethereum recently recorded network growth, with an average of 327,000 new wallets created each day and a single-day peak of 393,600. This surge happened even as the price stayed relatively steady, suggesting growing interest without speculative spikes. Total wallets holding ETH have now reached about 173 million, many of which appear active rather than unused.

Analytics firm Santiment linked part of this growth to the Fusaka upgrade in December. Lower transaction fees and smoother app performance made Ethereum easier to use for people who previously avoided it. This change helped bring in new users who want to interact with apps instead of just watching price charts.

The pattern points to real activity rather than hype. Heavy stablecoin use and more than $76B locked in DeFi show that people are using Ethereum for transactions. Similar wallet growth happened before past rallies, making this Ethereum record one that market watchers are following closely.

Shiba Inu Whale Activity Rises While Price Remains Stuck

Shiba Inu has been moving sideways even as large holders change their behavior. Data shows that trillions of tokens were moved off exchanges over recent months, signaling long-term holding by Shiba Inu whales. Exchange reserves dropped from over 88T to around 81T SHIB, often a sign that supply is tightening.

That trend shifted in early December when exchange reserves stabilized and later climbed toward 82T SHIB. This suggested that some holders moved tokens back to exchanges, increasing available supply. While selling pressure eased, the price struggled to move higher and stayed locked in a narrow range.

Whale transaction data showed a 111% jump in activity, but that alone did not trigger a breakout. With supply still available and volume low, Shiba Inu whales appear to be repositioning rather than driving a strong trend. For now, consolidation remains the dominant theme.

Zero Knowledge Proof (ZKP) Presale Auction Gains Attention

Zero Knowledge Proof (ZKP) is being evaluated differently from established assets. Its presale auction is live, and attention is focused on participation rather than price movement. Alongside the auction, a $5M reward campaign is underway, designed to reward early supporters.

Participation rules are very simple. Users must hold at least $100 worth of Zero Knowledge Proof (ZKP), complete a few simple steps, and refer others to increase their chances. Ten winners will each receive $500,000 in ZKP, keeping the structure clear and transparent while the presale auction is live.

Referrals play a key role in the campaign. Participants earn 20% from referrals, while new entrants receive 10%, creating a compounding effect without changing the total reward pool. This approach has drawn attention from those tracking early-stage projects and looking for high-potential opportunities.

With the presale auction being the only live phase, Zero Knowledge Proof is often compared with other early access models. The clarity around entry rules and rewards is why it is being discussed as another 100x crypto presale candidate by early observers.

Closing Analysis

Ethereum and Shiba Inu highlight two different market forces. Ethereum is seeing growth driven by real network use, while Shiba Inu reflects how supply shifts and whale behavior can limit momentum even when activity increases.

Zero Knowledge Proof (ZKP) follows a separate path. With its presale auction live and a defined $5M reward structure, attention centers on early participation rather than trading. Together, these examples show how the crypto market rewards very different signals at the same time.