zkPass (ZKP) Price Prediction

Deep Dive

1. Multi-Exchange Listings (Mixed Impact)

Overview: ZKP launched on Binance Alpha, KuCoin, MEXC, and HTX on December 19, 2025, accompanied by airdrops requiring platform-specific points (e.g., Binance Alpha’s 233-point threshold for 200 ZKP). Zero-fee trading on MEXC until January 2026 may amplify short-term speculation.

What this means: Initial listings typically trigger volatility—early buyers might push prices upward, but airdrop claimants could sell immediately for quick profits. For example, MEXC’s 350,000 ZKP airdrop pool represents ~0.17% of circulating supply, which could pressure prices if claimed en masse (MEXC).

2. Zero-Knowledge Infrastructure Demand (Bullish Impact)

Overview: zkPass enables privacy-preserving verification of HTTPS data (e.g., CEX balances, education credentials) via zkTLS, targeting a $1.3B decentralized identity market. Its roadmap includes Coinbase evaluation, per a December 3 announcement.

What this means: Broader adoption of ZK proofs in DeFi/KYC could drive utility demand. Analysts project a $1–$3 price range if major dApps integrate zkPass, though current FDV of $90M suggests cautious valuation (Bitrue).

3. Tokenomics Risks (Bearish Impact)

Overview: With 201.6M tokens (20.16%) circulating and 1B total supply, ~798M tokens remain locked. Early investors and team allocations could unlock in 2026, per vesting schedules.

What this means: Historical precedents like Aptos’ 2022 unlock-driven selloffs highlight dilution risks. If ZKP’s FDV stays above $80M post-unlocks, sustaining its $0.12 price requires ~$120M annual protocol revenue—a high bar for early-stage projects.

Conclusion

ZKP’s price will likely seesaw between exchange-driven hype and tokenomics realities in Q1 2026. Watch the claim-to-sell ratio of airdropped tokens and partnerships with identity platforms like Polygon ID. Can zkPass convert its privacy tech moat into sustainable demand before unlocks intensify selling pressure?