Zama Protocol rises 27% amid whale support – ‘Institutions need privacy to operate’

Zama Protocol is up 27% in 24 hours, driven by support from whales and institutions like Multicoin Capital. The token's daily volume surged to $100 million, with a whale accumulating 98.18 million ZAMA tokens in 125 days. ZAMA's price broke out of an ascending trend channel, reaching a new all-time high of $0.05171.