AZTEC has surged nearly 80% after listing on major Korean exchanges. AZTEC has gained traction as a privacy-focused Ethereum Layer 2 solution. Key levels to watchAZTEC has surged nearly 80% after listing on major Korean exchanges. AZTEC has gained traction as a privacy-focused Ethereum Layer 2 solution. Key levels to watch
Here’s why the Ethereum-based privacy token AZTEC price is rising
- AZTEC has surged nearly 80% after listing on major Korean exchanges.
- AZTEC has gained traction as a privacy-focused Ethereum Layer 2 solution.
- Key levels to watch are the support at $0.0188 and the resistance at $0.0371.
The Ethereum-based privacy token AZTEC has seen a dramatic surge in its price over the last 24 hours.
The current price of AZTEC is around $0.035, representing an impressive increase of nearly 80% in a single day.
Source: Coingecko
Trading volumes have also spiked, reflecting heightened market activity and strong investor interest.
Exchange listings fuel the rally
One of the main drivers behind AZTEC’s surge is its listing on major South Korean exchanges.
Upbit and Bithumb have added AZTEC trading pairs, including KRW-denominated options.
These listings make it easier for South Korean retail traders to access the token directly, without needing USDT or BTC as intermediaries.
The immediate effect has been a sharp increase in buying pressure, pushing the token to new all-time highs.
Such regional exchange activity often creates a premium, as local traders bid aggressively in the initial hours after a listing.
This surge is further supported by the token’s presence on global exchanges like Coinbase, Kraken, Bybit, KuCoin, and MEXC, which listed the token on February 12, immediately after the protocol went live.
What is AZTEC?
AZTEC is not just another altcoin.
It is the native token of Aztec, a privacy-focused Layer 2 protocol built on the Ethereum Network.
The protocol uses zero-knowledge proofs to enable private transactions while maintaining Ethereum’s security standards.
This combination of privacy and scalability makes Aztec particularly appealing to users and developers looking for confidential and efficient transaction solutions.
Recent protocol upgrades and network developments have also helped strengthen confidence in the token.
Investors see both short-term trading opportunities and long-term potential as adoption grows.
The market’s response reflects the perception that privacy solutions on Ethereum are gaining traction in a competitive landscape.
AZTEC price forecast
For traders and investors alike, the coming days will be crucial in determining if AZTEC can sustain its momentum and reach higher price levels.
The immediate support lies near $0.0188, which was the lower bound of the recent 24-hour range.
On the upside, the immediate resistance is at the current all-time high of around $0.0371.
If the token can break above $0.0371, the next area of interest may approach $0.04, a psychological barrier for many traders.
However, given the rapid pace of this rally, some short-term pullbacks are possible.
Volume trends and activity on both Korean and global exchanges will likely influence the next moves.
In the short term, traders should watch for consolidation around the $0.03–$0.035 range, as this may determine whether the rally continues or enters a retracement phase.
The post Here’s why the Ethereum-based privacy token AZTEC price is rising appeared first on CoinJournal.
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