According to @1HowardWu, a leading figure in cryptography, a new breakthrough in zero-knowledge proof technology was announced on May 20, 2025, which is expected to significantly enhance blockchain scalability and transaction privacy. This development could accelerate adoption of zk-based Layer 2 solutions, impacting trading volumes and reducing network congestion for major cryptocurrencies such as Ethereum. Market participants should monitor zk technology integration across DeFi protocols as it could lead to lower gas fees and increased on-chain activity, directly influencing market liquidity and volatility (source: twitter.com/1HowardWu/status/1924831479026352471).