ETH Struggles Below $2,400 & HYPE Donates $254K, But ZKP Crypto’s $5M Giveaway, Daily Presale Auction & Real Utility Beats Both!

Altcoin 2026-02-02 10:00

ETH Struggles Below ,400 & HYPE Donates 4K, But ZKP Crypto’s M Giveaway, Daily Presale Auction & Real Utility Beats Both!

Discover how ZKP leads the market with verified participation and a $5M giveaway while Hyperliquid spotlights accountability and Ethereum consolidates below resistance.

Crypto markets are shifting into a slower, more deliberate phase, where resilience is beginning to outweigh speed in investor priorities. As momentum fades, attention is increasingly moving toward assets capable of sustaining real engagement and utility, rather than those driven by short-lived price surges.

Hyperliquid remains firmly in the spotlight as HYPE continues to show relative strength, supported by heightened visibility following the project’s high-profile donation that reinforced its focus on transparency and credibility. The token’s ability to hold elevated levels has set it apart in a market otherwise defined by caution.

Meanwhile, Ethereum price expectations remain anchored around well-established resistance zones, with repeated rejections reinforcing a wait-and-see stance among traders. Together, these contrasting dynamics are widening the discussion around what truly defines long-term value—whether it lies in mature networks struggling to regain momentum or in newer platforms demonstrating sustained engagement and conviction despite broader market fatigue.

Within that expanding view, Zero Knowledge Proof (ZKP) is emerging as a notable contender. Through its live $5,000,000 giveaway, daily on-chain auctions, and Proof Pods that reward verified contributions, ZKP is shaping market attention around structure and participation. Investors are beginning to see steady engagement as the new signal for sustainable momentum.

Hyperliquid’s Transparency Boost Sparks Market Interest

Hyperliquid captured attention after its foundation donated 10,000 HYPE, valued at roughly $254,000, to blockchain investigator ZachXBT. The verified on-chain transfer on January 18, 2026, became ZachXBT’s second-largest institutional contribution, ranking Hyperliquid among the most transparent supporters of decentralized accountability.

The donation followed renewed discussion around a $282 million hardware wallet exploit that ZachXBT helped expose. Its timing drew attention to how transparency initiatives are funded within crypto. As market participants noted the gesture, the Hyperliquid price entered wider conversations about credibility, integrity, and long-term trust in emerging blockchain ecosystems.

Ethereum Holds Cautious Ground Below Key Resistance

Ethereum remains the market’s emotional anchor even as momentum continues to fade. Trading closer to the $2,300–$2,400 range, ETH is struggling to recover above former support that has now turned into resistance. Repeated rebound attempts have met selling pressure, reinforcing a corrective structure and limiting sustained upside follow-through.

ETH Struggles Below ,400 & HYPE Donates 4K, But ZKP Crypto’s M Giveaway, Daily Presale Auction & Real Utility Beats Both!

Technical indicators continue to point toward neutrality rather than strength. The RSI is hovering near the 50 level, while price action remains capped below both short- and medium-term moving averages. Flow data reinforces this cautious setup, with open interest trending lower and steady long liquidations signaling ongoing risk reduction.

Until buyers are able to reclaim resistance with conviction, the Ethereum price outlook favors consolidation over expansion, as traders remain focused on capital preservation rather than aggressive positioning.

ZKP Crypto Redefines Participation Through Real Utility

Zero Knowledge Proof, or ZKP, continues to gain traction by emphasizing active engagement over speculative trading. The project’s standout feature is a live $5 million giveaway that rewards ten participants with $500,000 worth of ZKP each.

Entry is based on measurable involvement rather than luck, requiring users to hold tokens, follow official channels, and share verified activity. This design transforms the giveaway into an integrated participation system instead of a marketing event.

Building on that approach, ZKP is operating a daily on-chain presale auction that fairly distributes 190 million tokens every 24 hours. Allocations depend solely on each participant’s proportionate contribution to the pool. There are no preset prices or insider rounds, which ensures that every participant interacts on equal terms. This model keeps price discovery transparent while aligning contribution with access.

ETH Struggles Below ,400 & HYPE Donates 4K, But ZKP Crypto’s M Giveaway, Daily Presale Auction & Real Utility Beats Both!

From a technical perspective, ZKP merges EVM-compatible and WASM execution, enabling developers to deploy smart contracts seamlessly within a zero-knowledge verified environment. All computations and state transitions can be validated without disclosing sensitive information, advancing privacy and security across decentralized applications.

Adding further depth, ZKP’s Proof of Intelligence layer enables decentralized AI computation powered by hardware units known as Proof Pods. These devices verify tasks using zero-knowledge proofs and earn ZKP based on successful output measured against the previous day’s auction close. Combined with verifiable participation and transparent distribution, ZKP stands apart as a meaningful evolution in blockchain design.

Key Points

As recent market sentiment turns increasingly defensive, attention is shifting between Hyperliquid’s transparency-driven narrative and Ethereum’s continued hesitation under resistance. Hyperliquid is drawing interest for its emphasis on credibility and verifiable impact at a time when trust matters more than momentum, while each Ethereum price outlook remains constrained by the need to reclaim persistent resistance.

In this environment, markets appear less focused on speed and more on structural strength, signaling a broader recalibration toward durability over short-term price expansion.

Within this evolving backdrop, Zero Knowledge Proof offers a presale auction built on fairness and measurable participation. Its transparent mechanisms and verifiable utility continue to influence how traders define the best crypto to buy, signaling that lasting value may stem more from engagement than rapid rotation.

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This content is for informational purposes only and does not constitute investment advice.

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