$ZAMA Is Now Trading on Solana via Sunrise
Blog post from Zama
Zama announced that its $ZAMA utility token is now trading natively on Solana through Sunrise, giving Solana users access to ecosystem-wide liquidity while signaling Zama’s longer-term plan to bring fully homomorphic encryption (FHE) privacy capabilities to the network. The company argues that although Solana provides fast, inexpensive transactions, its public ledger exposes balances, transactions, trading strategies, and wallet histories, creating barriers for users and institutions seeking privacy. Zama’s FHE technology is designed to allow smart contracts to process encrypted information, such as balances and transfers, without revealing underlying data, while preserving blockchain verifiability and composability. Founded in 2020 by Rand Hindi and cryptographer Pascal Paillier, Zama says it aims to make blockchain confidentiality as standard and unobtrusive as HTTPS became for internet traffic. Potential Solana applications include confidential tokens, payments, trading, DeFi services, compliance systems, payroll, and treasury management. $ZAMA supports protocol staking and payment of fees for functions such as decryption and encrypted-input verification.
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