At the beginning of October, the crypto market is showing a thriving scene. Bitcoin's price has broken through the $119,000 mark, and the total market capitalization of Crypto Assets has steadily crossed the $4.29 trillion threshold. Looking back at the data of the past decade, October is often a harvest season for the crypto market, with an average pump of 14.4%. In September this year, Bitcoin had already risen slightly by 5.16%.

Behind the market's heat, there are multiple factors at play. Rumors of the Federal Reserve possibly cutting rates by 25 basis points, coupled with the uncertainties facing the US government, have led to a shift of funds from traditional safe-haven assets like gold into the Crypto Assets space. Daily trading volume has surged to $217 billion, highlighting investors' enthusiasm.

Ethereum is also not falling behind, with its price firmly above $4100. Meanwhile, the approval window for the Solana ETF has opened, further boosting market confidence. However, amidst this bustling scene, true investment experts have already set their sights on the next potential field – ZK (Zero-Knowledge) proof technology.

The mainnet launch of the Boundless project on the Base network is a typical case. Its token ZKC has a circulation of over 200 million, with a stable price of around $0.33. Boundless's unique PoVW (Proof of Valid Witness) mechanism greatly enhances efficiency by only rewarding nodes for generating ZK proofs, eliminating the need for each node to repeatedly verify transactions, thus ensuring the accuracy of computations.

This technology is of great significance to the Bitcoin ecosystem. For example, the BOB rollup project utilizes ZK proof technology to connect EVM and the Bitcoin network, ensuring the security of Bitcoin while leveraging the liquidity of Ethereum. This means that Bitcoin is no longer just a store of value asset, but may also become a computational support for DeFi and AI applications.

Recently, the Boundless team showcased their latest advancements in the ZK proof field at the TOKEN2049 conference in Singapore. With the continuous development of technology and the expansion of application scenarios, ZK proofs are expected to become a key force driving the next wave of innovation in Crypto Assets and blockchain technology.