Polyhedra Network, a pioneering blockchain project focused on zero-knowledge proof technology, has launched an innovative initiative called the Phoenix Revival Program. Announced on July 1, 2025, this program aims to reward loyal users who supported the project during a significant liquidity crisis on June 15, 2025, which impacted its native token, ZKJ.
The Phoenix Revival Program is designed to rebuild trust and incentivize stakers by offering ecosystem airdrops and exclusive rewards. These incentives are tied to Polyhedra’s ongoing developments in areas such as zkML (zero-knowledge machine learning), privacy-focused stablecoins, and other cutting-edge blockchain solutions.
According to Polyhedra, the initiative reflects their commitment to the community that stood by them during challenging times. The program will provide participants with opportunities to benefit from the project’s future growth, emphasizing data privacy and secure interoperability across Web3 networks through their flagship product, zkBridge.
The liquidity crash on June 15 saw significant volatility in the ZKJ token price, which currently stands at approximately $0.2018 USD as of recent market data. This event shook investor confidence, but Polyhedra is determined to turn the tide with this revival effort, focusing on long-term value creation for its stakeholders.
Industry experts see this as a strategic move to restore faith in the project while pushing forward with technological advancements. Polyhedra Network continues to prioritize trust and safety, aiming to bridge blockchain networks seamlessly and enhance scalability in the Web3 ecosystem.
For more details on how to participate in the Phoenix Revival Program, users are encouraged to visit the official Polyhedra website at polyhedra.network. This initiative could mark a turning point for the project as it seeks to recover and thrive in the competitive crypto landscape.
Alfred Lee
