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๐ฅ Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the worldโs third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
โฅ ๐๐๐ซ๐จ-๐๐ง๐จ๐ฐ๐ฅ๐๐๐ ๐ ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ๐ฌ (๐๐๐๐ฌ): ๐ ๐๐๐ฐ ๐๐ซ๐ ๐๐จ๐ซ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ฎ๐ญ๐๐ญ๐ข๐จ๐ง
ZEEs are systems that use zero-knowledge proofs (like zk-SNARKs or zk-STARKs) to run smart contracts or other computations in a way that is both private and verifiable.
This means users can trust the outcome of a computation without ever exposing their sensitive data.
ใ๐๐๐ซ๐โ๐ฌ ๐ก๐จ๐ฐ ๐๐จ๐ฏ๐๐ฅ๐๐ง๐ญ ๐ฌ๐ญ๐ซ๐๐ง๐ ๐ญ๐ก๐๐ง๐ฌ ๐ญ๐ก๐ข๐ฌ ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ:
โ ๐๐ซ๐ฎ๐ฌ๐ญ๐๐ ๐๐๐ญ๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐:
Covalentโs GoldRush API delivers structured, accurate, and real-time blockchain data from more than 100 networksโincluding Bitcoin. This provides ZEEs with clean and reliable inputs, which are essential for secure private execution.
โ ๐๐จ๐ฐ-๐๐๐ญ๐๐ง๐๐ฒ ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐:
With its sub-second co-processor, Covalent can serve high-throughput chains like Sonic in near real time. This allows ZEEs to handle fast-moving applications such as DeFi trading or AI-powered agents without delays.
โ ๐๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐ข๐จ๐ง:
@Covalent_HQ - $CXT supports an SDK designed for AI agents running inside ZEEs. This makes it possible to create decentralized and verifiable AI workflows, even for complex reasoning systems such as Chain-of-Thought models.
โ ๐๐ซ๐ข๐ฏ๐๐๐ฒ-๐ ๐ข๐ซ๐ฌ๐ญ ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐จ๐ง:
By working with privacy-oriented blockchains like Oasis Sapphire, ZEEs can run smart contracts in a way that protects user data while still maintaining verifiable results.
๐๐ก๐ ๐๐ข๐ ๐๐ข๐๐ญ๐ฎ๐ซ๐
@Covalent_HQ is building the critical link between ZEEs and the wider Web3 ecosystem. By solving data fragmentation and latency issues, it enables use cases such as:
โข Private trading platforms
โข Secure NFT galleries
โข Cross-chain bridges
โข Decentralized AI applications
In short, ZEEs deliver privacy and trust, and Covalent provides the reliable data pipeline that makes them practical at scale.