Zama Protocol (ZAMA) gained more than 15% over the past 24 hours, pushing its weekly gain above 11%. The price rebound coincided with a rise in on‑chain activity as traders looked ahead to an upcoming report discussion.
Trading volume and market sentiment
Daily trading volume exceeded $50 million, roughly one‑third of ZAMA’s market capitalization. Exchange‑level positioning was mixed. On Binance, the Whale Account ratio was 1.11 (neutral) while the Whale Position ratio was 1.36 (bullish). On OKX, the Whale Account ratio was 2.24 (bullish) but the Whale Position ratio was 0.96 (neutral). Smart‑money sentiment was bullish on Binance and extremely bearish on OKX. Retail sentiment ranged from bearish on Binance to neutral on OKX and bullish on Bybit.
On‑chain metrics
Total Value Locked (TVL), including staking, rose 38% to over $306 million, with staked tokens accounting for $173 million. Daily active addresses more than doubled from 210 to 433, and daily transaction count increased from 445 to 932, bringing the weekly total to 3,300. The holder count grew 9.2% to 6,300.
Technical outlook
On the four‑hour chart, ZAMA rebounded from the $0.065 area but remains inside a descending channel, with resistance near $0.075‑$0.076. The MACD histogram turned positive, and cumulative volume delta rose to about 3.28 million, indicating improving buying pressure, though a clear trend reversal has not been confirmed.
Key levels
- Resistance: $0.075‑$0.076
- Support: $0.065
- Lower channel boundary: around $0.052
A sustained break above the resistance zone could allow further upside, while a rejection may pull price back toward the $0.065 support level.
