Ethereum is trading at $2,665, flat over 24 hours, remaining below the $2,700-$2,735 resistance band with an intraday range of $2,662-$2,689. Aztec Labs relaunched zk.money, a self-custodial wallet on the Aztec Network after three years offline, enabling stablecoin payments (DAI, USDC, USDT) designed to conceal amounts, balances, and recipients, but with a $2,500 deposit cap and a historical record of over 75,000 wallets and $100 million in volume. Zcash reported that 56% of its transactions were shielded during the week, its highest share in at least two years, while its Network Upgrade 7 approaches. For ETH, the question remains whether zk.money usage will translate into demand for Ethereum settlement and gas, as the price must consolidate above resistance to confirm an upward trend.
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