Zebec Network: Price Hits $0.0045 Following Algorand Integration

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by Giorgi Kostiuk

a year ago


Zebec Network continues to showcase a positive price trend, reaching a new intraday high of $0.0045 thanks to ongoing integrations and active growth.

Price Dynamics of Zebec Network

The price of Zebec Network token surged to $0.0045 after closing at $0.0042 yesterday. This marks a breakout from the consolidation range of $0.00310-$0.00380 that had capped prices for almost three weeks. Establishing a higher high after confirming a lower low recorded on July 18 at around $0.0028, Zebec showed a significant shift in market structure.

Impact of Algorand Integration

A key driver behind the price increase was the announcement that Zebec is integrating its payment technology with the Algorand ecosystem, allowing ALGO holders to use their tokens via Zebec Cards anywhere Mastercard is accepted. "Algorand’s security and ISO 20022 readiness set the standard for real-world crypto payments," explained team representatives.

Achievements of Zebec Network

Recently, Zebec reported that the rolling 4-week transaction volume processed through Zebec Cards amounted to $52 million, a 7% increase from the previous period. Nearly 11,900 cards were issued across 97 countries. The integration of ScienceCard also contributed to this growth by facilitating the transition of ScienceCardUK users into the Zebec Cards ecosystem.

Zebec Network continues to strengthen its position through integrations and innovations in the cryptocurrency space, as evidenced by rising prices and increasing transaction volume.

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