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Hyli Winds Down Two-Year ZK Blockchain Project, Citing Lack of ZK Traction

ZK blockchain project Hyli is shutting down after two years, with the team citing weak market demand for zero-knowledge technology as the decisive factor. "ZK has not gained the traction we had hoped for," the team said...

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Hyli Winds Down Two-Year ZK Blockchain Project, Citing Lack of ZK Traction
ZK blockchain project Hyli is shutting down after two years, with the team citing weak market demand for zero-knowledge technology as the decisive factor. "ZK has not gained the traction we had hoped for," the team said in an announcement posted Wednesday on X, adding that it sees no viable path to... Read the full story at The Defiant

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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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