Ethereum Foundation: Launches ZKAPI for Private Payments

Open Anonymity Project, co-developed by the Ethereum Foundation, launched ZKAPI for private API payments and AI inference. The tool targets secure, zero-knowledge transactions in the AI sector. ETH holds at $2703.95 on the 4h chart inside Bollinger Bands, with EMA50 at $2679.64 providing concrete support and EMA200 at $2539.8 anchoring the broader bullish structure. MACD golden cross at 2.99 reinforces momentum while RSI at 53.49 stays neutral, suggesting price may test upper band resistance near $2722.55 before any deeper pullback. This development aligns with rising demand for privacy layers amid AI industry impact and shapes ETH price prediction models for the next quarter.