Zebec Network token hits all-time high on Uphold support, Ripple deal speculation

• Zebec Network token price has soared to a new all-time high after Uphold revealed $35M backing.
• The potential of a Ripple partnership is fueling investor optimism and ZBCN token demand.
• Zebec recently launched a zero-fee Mastercard crypto card with Apple Pay.

The native token of Zebec Network, ZBCN, soared to a new all-time high (ATH) of $0.005764 earlier today, fueled by strong backing from Uphold and speculation around a potential partnership with Ripple Labs.

This milestone marks a significant moment for the Solana-based project as it continues to gain traction in the competitive crypto market.

ZBCN price rally

ZBCN’s rally began in earnest on May 21, when it broke above the $0.0022 resistance level, setting the stage for a rapid upward climb.

Since then, the token has surged over 130%, reflecting growing investor confidence and increased market interest.

Despite a brief pullback on May 27, the token quickly recovered, demonstrating strong buying momentum that pushed prices to fresh highs.

The token’s current market capitalisation sits at approximately $433.6 million, with a fully diluted valuation nearing $536 million.

This growth reflects an impressive increase from its all-time low of $0.0006985 recorded in August 2024, illustrating the token’s remarkable recovery and market acceptance.

Why is the price of Zebec Network rising?

Central to Zebec Network’s token price rally is an X Space event co-hosted by Zebec Network and Uphold on May 21, during which Uphold’s Head of Research, Dr. Martin Hiesboeck, revealed that the platform holds over $35 million worth of ZBCN tokens.

Later, in a follow-up tweet, Uphold on May 26 stated that they had officially surpassed $100M in $ZBCN assets under custody, saying that they are “just getting started.”

This revelation has not only underscored Uphold’s commitment but also sparked excitement among investors who see the backing as a sign of long-term value.

Adding further fuel to the bullish sentiment were hints about a potential collaboration between Zebec Network and Ripple Labs, which surfaced during the event and subsequent crypto community discussions.

Although no official announcement has been made, the mere possibility of a partnership with Ripple, a giant in cross-border payments, has ignited hopes for increased adoption and integration.

Notably, Zebec Network differentiates itself by offering programmable payment infrastructure that supports payroll, decentralised autonomous organisation (DAO) disbursement tools, and streaming payments.

This suite of services complements Ripple’s institutional focus, suggesting that a collaboration could leverage the strengths of both networks for broader market impact.

In addition to the announcements made during the May 21 X Space, Zebec recently launched Zebec Carbon, a crypto debit card powered by Mastercard that enables users to spend cryptocurrency seamlessly wherever Mastercard is accepted.