ZRX (0x Protocol) rose 7.47% in 24 hours.

Gate News Bot news, on September 1st, according to CoinMarketCap data, ZRX (0x Protocol) is currently reported at $0.28, with a rise of 7.47% in the last 24 hours, reaching a high of $0.28 and a low of $0.23. The current market capitalization is approximately $233 million, an increase of $16.2 million compared to yesterday.

0x Protocol is a public open-source project that provides decentralized trading infrastructure. The protocol allows anyone to freely use, build, and participate in governance. ZRX always adheres to the principles of openness and permissiveness.

Important news about ZRX recently:

1️⃣ The weekly staking reward program drives price surge The price of ZRX token has recently surged significantly, with a rise of over 150%. This notable increase is primarily attributed to the newly launched weekly staking rewards program, which offers additional earning opportunities for ZRX holders, stimulating market demand.

2️⃣ Ethereum founder mentions increased attention Recently, Ethereum founder Vitalik Buterin publicly mentioned ZRX, a move that has attracted widespread attention from the cryptocurrency community. As an important opinion leader in the industry, Vitalik’s remarks have had a positive impact on ZRX’s market performance.

3️⃣ CFTC reaches a settlement agreement The U.S. Commodity Futures Trading Commission (CFTC) has reached a settlement with the company behind the 0x Protocol regarding certain allegations. This outcome alleviates some regulatory uncertainty and provides a clearer legal environment for the long-term development of ZRX.

From a technical perspective, ZRX has broken through several resistance levels, demonstrating strong pump momentum. However, investors should remain cautious of potential pullback risks and are advised to closely monitor the performance of short-term support levels.

This message does not constitute investment advice; investors should be aware of market volatility risks.