Zebec Network (ZBCN) has seen a surge in its crypto price, reaching an intraday high of $0.0045. This uptrend is believed to be driven by the recent integration of Algorand into the Zebec ecosystem. The integration now allows ALGO token holders to spend their tokens globally through Zebec Cards, which can be used anywhere Mastercard is accepted.
The price of Zebec Network has broken out of a consolidation range that had been in place for almost three weeks, signaling a shift in market structure. The price has formed a higher high, following a higher low that was established on July 18 at around $0.0028. This positive price action indicates a bullish trend for ZBCN.
The integration with Algorand is a significant development for Zebec Network, as it enhances the utility and usability of its payment technology. Algorand’s security features and ISO 20022 readiness make it a strong partner for real-world crypto payments. The team at Zebec Network has expressed excitement about the integration and the opportunities it presents for ALGO holders.
In addition to the integration with Algorand, Zebec Network has been expanding its integrations with multiple blockchains and adding new tokens to its ecosystem. This strategy has been driving strong performance for Zebec Cards, with $52 million in rolling 4-week transaction volume processed through the platform. The team has also issued nearly 11,900 cards across 97 countries, indicating a growing user base.
The acquisition of ScienceCard earlier this year has further contributed to the growth of Zebec Cards. The integration of ScienceCard users into the Zebec ecosystem has helped to expand the reach and capabilities of the platform. Overall, Zebec Network’s focus on partnerships and integrations with other blockchain projects is proving to be successful in driving adoption and growth for its payment tools.