ZERA, a privacy-focused protocol on the Solana blockchain, has emerged from the meme token M0N3Y, shifting its focus from speculative trading to privacy infrastructure. The transition involved a token migration from M0N3Y to ZERA between late September and early October. During this period, M0N3Y's market cap peaked at $40 million, while ZERA's market cap subsequently fell by 37% to approximately $27 million.
ZERA aims to facilitate offline, private digital cash transfers by leveraging zero-knowledge proofs and cryptographic commitments. This approach seeks to enhance the usability of blockchain transactions in real-world applications, emphasizing privacy and security.
ZERA Transitions from Meme Token to Privacy Protocol on Solana
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