The Ethereum price has stalled near the $3,000 level, weighed down by continued ETF outflows that have limited short-term upside momentum. At the same time, the Chainlink price is holding close to the $12.5 zone, with cautious sentiment across the market restricting aggressive buying. Together, these movements reflect a broader hesitation among major assets, where progress appears measured rather than decisive.
Against this backdrop, attention has shifted toward Zero Knowledge Proof (ZKP) following its recent listing on CoinMarketCap. This development increases transparency and accessibility, allowing global users to track the project’s progress and metrics through a widely recognized data platform. As ZKP continues to run its live presale auction under a transparent, on-chain structure, some market participants are beginning to discuss it as part of the broader conversation around the best crypto to buy now, particularly from a visibility and structure standpoint.
Ethereum Price Faces Continued Pressure From ETF Outflows
The Ethereum price hovered near the $3,000 mark through late December, with selling pressure from exchange-traded funds limiting upward momentum. Reports indicate that more than $600 million exited Ethereum ETFs within a single week, with large funds contributing significantly to the outflows. This selling activity kept ETH trading within a narrow range, as each attempt to move higher met renewed resistance.
Technical indicators also reflected this pause. Price charts showed a series of lower highs since October, suggesting that rallies were losing strength over time. Momentum indicators such as RSI remained near neutral levels, signaling the absence of strong directional conviction. While some analysts point to a potential shift if ETH were to move decisively above $3,200, others note that failure to do so could expose the Ethereum price to a pullback toward lower support levels.
On-chain data presents a more balanced picture. ETH balances held on exchanges have fallen to levels not seen since 2016, a trend often associated with reduced long-term selling pressure. Still, without a clear catalyst to drive fresh demand, the Ethereum price continues to reflect caution and patience among market participants.
Chainlink Price Holds the $12–$12.5 Support Zone
The Chainlink price has remained near the $12.5 level as broader market uncertainty persists. Buyers have repeatedly defended this zone, preventing deeper declines and establishing it as a key area of short-term support. While price action has slowed, on-chain data points to steady network usage, with Chainlink’s total value secured showing modest growth over the past month.
Momentum indicators offer mixed signals. After an earlier breakout from a falling wedge pattern, follow-through buying failed to materialize. Indicators such as MACD weakened, while RSI suggested diminishing buying strength. However, whale activity has drawn attention, as large holders reportedly withdrew significant amounts of LINK from exchanges during this consolidation phase.
Historically, declining exchange balances can be associated with accumulation rather than panic selling, though outcomes vary depending on broader market conditions. For now, as long as the $12 to $12.5 range holds, the Chainlink price appears positioned for consolidation rather than sharp movement, with traders awaiting clearer directional signals.
Zero Knowledge Proof (ZKP) Gains Visibility Following CoinMarketCap Listing
Zero Knowledge Proof has reached a notable milestone with its inclusion on CoinMarketCap, one of the most widely used cryptocurrency data platforms. This listing allows users worldwide to monitor ZKP’s metrics, review official updates, and follow its development within a familiar and trusted environment.
Alongside this increased visibility, ZKP continues to operate its live presale auction on a daily basis. The auction structure is designed to reflect real-time participation, with pricing shaped by contributor activity rather than fixed allocations. All transactions are recorded on-chain, offering transparency and consistency for those observing or participating in the process.
Another aspect frequently highlighted by observers is ZKP’s self-funded development model. The project reports that its infrastructure was built using internal capital, without private investment rounds or early dilution. This approach has allowed the network to complete core development before opening participation, reducing some of the structural risks often associated with early-stage launches.
Taken together, its CoinMarketCap listing, ongoing presale auction, and self-funded foundation have contributed to growing discussion around ZKP as one of several emerging projects considered by some participants when evaluating the best crypto to buy now, particularly from a readiness and transparency perspective.
In Summary
Market conditions continue to reflect caution among established assets. The Ethereum price remains constrained near resistance as ETF outflows dampen momentum, while the Chainlink price holds key support without clear signs of renewed upside. Both assets highlight a broader environment where traders remain selective and risk-aware.
In contrast, Zero Knowledge Proof is advancing through increased visibility and ongoing participation mechanisms. Its listing on CoinMarketCap enhances transparency, while the live presale auction provides a structured and observable entry model. With development reportedly completed through self-funding, ZKP presents an alternative case study for those assessing emerging projects during a period of consolidation among major cryptocurrencies.
As larger assets test patience, this combination of visibility, structure, and progress is why some market observers continue to include ZKP in conversations around the best crypto to buy now, based on project structure rather than short-term price expectations.
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
