Zama Protocol jumps 15% on rising activity ahead of key Q3 report discussion

Zama Protocol (ZAMA) surged over 15% in 24 hours, driven by increased on-chain activity and anticipation of its Q3 Shielded report discussion scheduled for November 2. Despite strong trading volume exceeding $50 million, exchange data showed mixed trader sentiment with no clear bullish consensus. Network metrics also improved, with Total Value Locked rising 38% to over $306 million and daily active addresses doubling, signaling growing participation. However, ZAMA faces resistance near $0.075–$0.076, and a breakout above this could extend gains, while failure might see prices retest lower support levels.

ZAMA trades at Rp1.251 on Pluang, down 5.74% as of Nov 02, 2026 12:22 WIB, with a market cap of Rp3.24 trillion and 24-hour volume of Rp732.94 million. Despite the article's note of a 15% surge, Pluang data shows a majority of sell orders at 81%, reflecting cautious sentiment among platform users. This contrasts with the article's mention of rising network activity and mixed trader views.