$ZKJ As of February 20, 2026, the Polyhedra Network (ZKJ) token is navigating a period of high supply pressure and price consolidation. Below is a short performance analysis followed by the requested candlestick chart.
ZKJ Performance Analysis: February 20, 2026
Current Price Action: ZKJ is currently trading around \$0.0232, reflecting a slight recovery from earlier dips today but remains down approximately 1.7\% over the last 24 hours. The token is trading very close to its recent all-time low of approximately \$0.0215, established earlier this month.
Token Unlock Impact: A pivotal factor in today's performance is the token unlock event that occurred on February 19, 2026. Roughly 15.5 million ZKJ tokens (approx. 1.55\% of the total supply) were released into circulation. This increase in liquid supply has put noticeable downward pressure on the price as the market attempts to absorb the new volume.
Trading Range: In the last 24 hours, the token saw a high of \$0.0244 and a low of \$0.0229. The narrow trading band suggests that while there is selling pressure from the unlock, there is also a base of support forming near the \$0.023 level.
Market Sentiment: Sentiment is currently cautious/neutral. Investors are closely watching how the price reacts to the recent supply inflation. While the long-term outlook for Polyhedra’s zero-knowledge infrastructure remains a focus for holders, the short-term chart is characterized by a "wait-and-see" approach following the supply increase.
Volume & Liquidity: Trading volume has stayed relatively steady at around \$2.1 million, indicating that liquidity remains sufficient for the current market cap of approximately \$10.3 million.
$ZKJ
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