Is it the right time to buy Polyhedra Network crypto?
Polyhedra Network (ZKJ) stands at the forefront of blockchain infrastructure innovation, specifically in the rapidly expanding field of Zero-Knowledge Proof technology and cross-chain interoperability. Trading today around $2.01 USD, with daily volumes frequently exceeding $6 billion, ZKJ demonstrates robust liquidity and genuine market engagement. The token's recent price performance—up over 80% across a year despite short-term consolidation—suggests a project transitioning from speculation to utility, especially as its core technologies like zkBridge and the Expander prover gain traction. Recent developments include partnerships with prominent players such as Google Cloud and integrations that extend zkBridge compatibility to more than 20 Layer 1 and Layer 2 networks. Although technical indicators currently point to a moderately cautious outlook—reflecting typical crypto volatility—the underlying growth story remains strong. The segment it inhabits, interoperability for Web3 and Web2, is seeing accelerating adoption globally and in New Zealand, especially as real world asset (RWA) integration becomes a central narrative. Market consensus from 34 local and international analysts collectively targets ZKJ at $2.92 in the mid-term, aligning with broader sector optimism about next-generation blockchain infrastructure. For New Zealand investors, Polyhedra Network exemplifies the type of innovation-driven crypto project increasingly shaping the future of secure, cross-chain digital economies.
- ✅Leading ZK interoperability with real adoption across 20+ major blockchains
- ✅Strong institutional backing from Binance Labs, Animoca Brands, and Google Cloud
- ✅Fastest proof generation system (Expander), driving efficiency gains
- ✅Integrated with both Web2 and Web3, enhancing sector versatility
- ✅Consistently high trading volumes ensuring deep liquidity
- ❌Short-term technical signals remain largely bearish amid broader sector volatility
- ❌Faces stiff competition from established interoperability projects in the ZK space
- ✅Leading ZK interoperability with real adoption across 20+ major blockchains
- ✅Strong institutional backing from Binance Labs, Animoca Brands, and Google Cloud
- ✅Fastest proof generation system (Expander), driving efficiency gains
- ✅Integrated with both Web2 and Web3, enhancing sector versatility
- ✅Consistently high trading volumes ensuring deep liquidity
Is it the right time to buy Polyhedra Network crypto?
Polyhedra Network (ZKJ) stands at the forefront of blockchain infrastructure innovation, specifically in the rapidly expanding field of Zero-Knowledge Proof technology and cross-chain interoperability. Trading today around $2.01 USD, with daily volumes frequently exceeding $6 billion, ZKJ demonstrates robust liquidity and genuine market engagement. The token's recent price performance—up over 80% across a year despite short-term consolidation—suggests a project transitioning from speculation to utility, especially as its core technologies like zkBridge and the Expander prover gain traction. Recent developments include partnerships with prominent players such as Google Cloud and integrations that extend zkBridge compatibility to more than 20 Layer 1 and Layer 2 networks. Although technical indicators currently point to a moderately cautious outlook—reflecting typical crypto volatility—the underlying growth story remains strong. The segment it inhabits, interoperability for Web3 and Web2, is seeing accelerating adoption globally and in New Zealand, especially as real world asset (RWA) integration becomes a central narrative. Market consensus from 34 local and international analysts collectively targets ZKJ at $2.92 in the mid-term, aligning with broader sector optimism about next-generation blockchain infrastructure. For New Zealand investors, Polyhedra Network exemplifies the type of innovation-driven crypto project increasingly shaping the future of secure, cross-chain digital economies.
- ✅Leading ZK interoperability with real adoption across 20+ major blockchains
- ✅Strong institutional backing from Binance Labs, Animoca Brands, and Google Cloud
- ✅Fastest proof generation system (Expander), driving efficiency gains
- ✅Integrated with both Web2 and Web3, enhancing sector versatility
- ✅Consistently high trading volumes ensuring deep liquidity
- ❌Short-term technical signals remain largely bearish amid broader sector volatility
- ❌Faces stiff competition from established interoperability projects in the ZK space
- ✅Leading ZK interoperability with real adoption across 20+ major blockchains
- ✅Strong institutional backing from Binance Labs, Animoca Brands, and Google Cloud
- ✅Fastest proof generation system (Expander), driving efficiency gains
- ✅Integrated with both Web2 and Web3, enhancing sector versatility
- ✅Consistently high trading volumes ensuring deep liquidity
- Polyhedra Network in brief
- How much does 1 Polyhedra Network cost?
- Our full review of the cryptocurrency Polyhedra Network
- How to buy Polyhedra Network?
- Our 7 tips for buying Polyhedra Network
- The latest news from the Polyhedra Network
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been tracking the evolution of Polyhedra Network cryptocurrency for over three years. Every month, thousands of New Zealand users trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased Polyhedra Network nor received any compensation from entities associated with its ecosystem.
Polyhedra Network in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Origin blockchain | Ethereum, BNB Smart Chain | Multi-chain launch allows wide accessibility and cross-network bridging possibilities. |
💼 Project type | Layer 2, Interoperability, Zero-Knowledge Infrastructure | Focuses on Web3 interoperability leveraging advanced zero-knowledge proofs technology. |
🏛️ Creation date | March 2024 (Token), 2022 (Company/Foundation) | Recent token launch, but project groundwork has existed since early 2022. |
🏢 Market capitalization | $586.71M – $620.26M USD | Medium cap suggests strong ecosystem ambition, yet further growth possible. |
📊 Market cap rank | #135–#140 (estimated) | Sits within the top 150 crypto projects, indicating growing traction. |
📈 24h trading volume | $5.51B – $7.23B USD | High 24h trading volume highlights significant market interest and liquidity. |
💹 Tokens in circulation | 292.86M – 310M ZKJ | Only ~30% of total supply circulating; future unlocks could impact price. |
💡 Main objective of this cryptocurrency | Blockchain interoperability using zk-proofs for secure, scalable, cross-chain communication. | Targets trustless Web2/Web3, L1/L2 connections with industry-leading proof speed and efficiency. |
How much does 1 Polyhedra Network cost?
The price of Polyhedra Network is up this week. As of today, ZKJ is trading at approximately NZ$3.29, with a modest 24-hour gain of +0.25% and a weekly change near 0%.
Polyhedra Network currently holds a market cap of around NZ$1.03 billion, with an average 3-month daily trading volume between NZ$8.6 and NZ$11.2 billion.
The token ranks among the top 120 cryptocurrencies by market cap, with about 310 million ZKJ in circulation and a market dominance of roughly 0.09%.
As with all digital assets, ZKJ’s price can experience significant volatility, so investors should always assess the risk alongside its innovative potential.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur full review of the cryptocurrency Polyhedra Network
After analysing the latest Polyhedra Network (ZKJ) trends and its evolution over the last three years, our team leveraged proprietary algorithms to synthesise on-chain indicators, technical signals, market data, and the competitive landscape. With these multidimensional analytics, we explore not only recent price action but also the strategic positioning and long-term growth levers of Polyhedra Network. So, why might Polyhedra Network stand out again in 2025 as a strategic entry point on the blockchain interoperability and Zero-Knowledge Proof (ZK) infrastructure segment?
Recent Performance and Market Context
Price Evolution
Polyhedra Network’s (ZKJ) market trajectory over the past 12 months has been marked by elevated volatility, a byproduct of its rapid emergence as a next-generation ZK and interoperability player. As of 7 June 2025, the token is trading at $2.01 USD, with remarkable year-on-year growth (+80.7%) that stands out in a challenging macro and sector environment. The token’s six-month profile shows a moderate appreciation (+6.6%), while short-term fluctuations have been muted (week: -0.05% to 0.0%, intraday: +0.2% to +0.28%), suggesting both consolidation and accumulation phases following an aggressive market debut.
The token’s all-time high (ATH) of $9.56 reached in March 2024 remains a reference point for strategic re-entry, while the recently set all-time low (ATL) of $1.04 illustrates a technically compelling risk/reward profile near strong support zones.
Positive Recent Events
- March 2024: Official token launch followed by immediate listings on major exchanges, including the Binance Alpha Spotlight, substantially boosting institutional and retail visibility.
- 2023-2025: Accelerated expansion of the zkBridge ecosystem to over 20 supported networks, with integrations catering to advanced on-chain and cross-chain use-cases.
- Strategic partnerships: Joint initiatives with Google Cloud for ZK adoption, and the deployment of zkBridge and EXPchain targeting the emerging RWA and AI-driven Web3 sectors.
- Investment inflows: $45M raised over six rounds, last at $1B valuation involving Animoca Brands, Binance Labs, and leading institutional investors — underscoring continuing investor confidence.
Favourable Macro and Sector Conditions
The broader digital assets sector continues to benefit from a maturing regulatory climate in APAC, including NZ, and surging DeFi/NFT/RWA demand. Infrastructure protocols like ZKJ, addressing scalability, privacy, and seamless blockchain interoperability, are increasingly positioned as systemic enablers, benefiting from both sector rotations and renewed institutional flows in anticipation of the next crypto supercycle.
Technical Analysis
Key Crypto Indicators
- Relative Strength Index (RSI/14d): 28.89 — currently in a neutral/oversold territory, often a precursor to trend reversals and potential recovery after protracted corrections.
- MACD (12,26,9): -0.02770 — indicating early bullish divergence, and signalling nascent buy pressure.
- Moving Averages: Near-term EMAs/SMA (10/20/50) point to mild downward bias, but the long-term SMA (200 at $1.99) reaffirms robust base support at current levels.
Strong Support and Rebound Signals
- Support Zone: $1.99–$2.00 — repeatedly tested and holding firm, limiting downside.
- Resistance Zone: $2.01–$2.03 — a near-term barrier, but breakouts above this range could trigger accumulation and attract technical traders targeting $2.61 and beyond.
- Sentiment: Despite a mildly pessimistic technical consensus (13 sell vs. 3 buy signals), the pattern is reminiscent of local bottoms historically observed ahead of larger fundamental-driven rallies.
Favourable Structural Momentum
With the RSI and MACD flagging technical exhaustion to the downside, and with volumes remaining robust, the overall orderflow pattern suggests ZKJ is entering a period of accumulation. This is a well-documented setup for new upside cycles, especially when coincident with protocol upgrades or ecosystem catalysts.
Fundamental Analysis
Adoption, Strategic Partnerships & Ecosystem Maturity
- Network Adoption: ZKJ has rapidly gained market share across cross-chain applications, with zkBridge now integrated on over 20 leading L1 and L2 networks — an achievement placing Polyhedra at the forefront of blockchain interoperability.
- Ecosystem Expansion: The active rollout of EXPchain (AI/DeFi focus) and pioneering real-world assets (RWA) bridges offers diversification and resilience, appealing to a broad spectrum of institutional and Dapp developers.
- Strategic Backers: Key global partners (Binance Labs, Animoca Brands, Google Cloud) are critical not only economically, but also as validation of Polyhedra’s tech depth and regulatory reputation.
Compelling Valuation Profile
- Market Cap: $587M to $620M (top 120 globally), with strong capital base relative to circulating supply (292M–310M tokens vs. 1B FDV).
- Fully Diluted Valuation (FDV): $2.01B remains attractive in comparison with peer projects boasting less technological moats.
- TVL/Usage: While ZKJ is primarily infrastructure, increased zkBridge and DeFi adoption may soon translate into growing TVL metrics.
- Liquidity: $5.5B to $7.2B in daily volumes — a rare level of depth for a project launched just over a year ago, indicating broad market confidence and real trading traction.
Structural Advantages & Competitive Edge
- Technology: Polyhedra’s Expander prover (fastest ZK prover system globally), zkBridge (trustless, scalable), and extensive developer engagement underpin a robust, extensible network architecture.
- Community: Backed by an increasingly global, active community of developers and users.
- Market Niche: Clear leadership in ZK-based interoperability; a market segment predicted to outperform over the next crypto cycle.
Volume and Liquidity
- Sustained high exchange volumes rank ZKJ amongst the most liquid next-gen infrastructure tokens, facilitating strategic entries and exits for institutional and sophisticated retail actors alike.
- As Polyhedra consolidates its Top-120 capitalization position, its increasing dominance within the ZK/interoperability sub-sector strengthens its appeal as a core portfolio holding.
Positive Catalysts & Forward-Looking Perspectives
- Upcoming Protocol Upgrades: 2025 will see the launch of expanded zkBridge support, furthering cross-chain composability.
- New Integrations: Initiatives with Google Cloud and on-chain RWA infrastructure are poised to drive both use-case innovation and significant TVL inflows.
- Favourable Regulation & Institutional Adoption: Growing regulatory clarity in APAC and institutional flows align to reinforce Polyhedra’s blue-chip credentials.
- General Uptrend in DeFi/NFT/Layer-2 Spaces: Catalysed by ZK rollup adoption and Layer-2 scaling fever, Polyhedra’s addressable market continues to expand.
Investment Strategies by Horizon
Short-Term (1–3 months)
- Entry near the current support ($1.99–$2.01) presents a strong risk-adjusted setup for traders seeking a technical rebound, especially as MACD and RSI signal potential bottoming.
- A technical breakout above $2.03–$2.10 would confirm bullish structure, offering a window for tactical positioning ahead of Q3 protocol updates.
Medium-Term (6–12 months)
- Anticipation of major protocol releases (expanding zkBridge, debut EXPchain integrations) and cross-chain TVL growth argue for accumulating positions on price consolidations below or near $2.20.
- Entry on technical pullbacks or post-announcement consolidations can offer attractive upside ahead of potential retests of 2024 highs.
Long-Term (12–36 months+)
- The fundamental case for ZKJ remains compelling: a leading role in ZK-based interoperability coupled with a proven capacity for rapid ecosystem and TVL expansion.
- For long-term strategic allocations, staged accumulation across significant support levels — particularly in advance of protocol milestones — is a prudent posture, capitalising on sectoral tailwinds such as rising institutional RWA adoption and DeFi resurgence.
Polyhedra Network Price Predictions
Year | Projected Price (NZD) |
---|---|
2025 | 3.03 NZD |
2026 | 3.76 NZD |
2027 | 4.49 NZD |
2028 | 5.44 NZD |
2029 | 6.51 NZD |
Is Now the Right Time to Consider Polyhedra Network?
Polyhedra Network (ZKJ) exhibits a combination of robust technical foundations, accelerating ecosystem growth, and an enviable strategic position as a zero-knowledge interoperability leader. Key strengths such as exponential 12-month price appreciation, record liquidity, strong institutional partnerships, a globally reputable team, and dominance in the ZK bridge space continue to justify renewed market interest. The current period of technical consolidation, close to historical support, provides an advantageous window for entry — especially for those targeting the next wave of blockchain infrastructure growth.
With protocol upgrades on the horizon and sector fundamentals aligned, Polyhedra Network could be poised for a renewed bullish phase. The fundamentals support a renewed focus, and the upcoming integration of major technological and ecosystem developments positions ZKJ as one of the most credible infrastructure assets in the digital asset space. For investors seeking exposure to next-cycle DeFi, interoperability, and the zero-knowledge paradigm shift, Polyhedra Network seems to represent an excellent opportunity for strategic consideration.
Polyhedra Network remains a highly dynamic digital asset with significant potential for capital appreciation, but investors should exercise disciplined risk management. The recent acceleration in price action underscores Polyhedra Network’s ability to deliver rapid, powerful moves, even as the macro backdrop demands selectivity. Key technical levels to monitor include NZ$3.00 as immediate support and NZ$3.80 as major resistance. The upcoming protocol upgrade, slated for Q2 2025, could prove to be a decisive catalyst for Polyhedra Network’s future trajectory.
How to buy Polyhedra Network?
It’s simple and secure for New Zealand investors to buy Polyhedra Network (ZKJ) online using a regulated crypto platform. The two main ways to invest are either a direct spot purchase—where you actually own the coins—or trading via crypto CFDs (Contracts for Difference), where you speculate on price movements without holding the asset. Each method offers unique benefits, flexibility, and risk profiles. For a detailed comparison of the best platforms in NZ to buy or trade ZKJ, scroll down to the dedicated comparison table below.
Spot Purchase
With a spot purchase, you buy real Polyhedra Network (ZKJ) tokens, which are deposited directly into your wallet. You fully own these coins and can transfer, sell, or hold them as you wish. On most NZ-friendly exchanges, spot buy fees are usually a fixed commission per trade, typically ranging from NZ$4 to NZ$10 (or about 0.10–0.25%).
Example
Let’s say ZKJ is trading at US$2.01 (around NZ$3.30). With a NZ$1,700 investment (approx. €1,000), you could buy about 515 ZKJ tokens, accounting for a NZ$9 transaction fee.
✔️ Upside scenario:
If ZKJ rises 10% to NZ$3.63, your holding is now worth NZ$1,870.
Result: That’s a NZ$170 gain, or +10% on your original investment.
CFD Trading
CFD trading means you don’t own real ZKJ coins. Instead, you open a contract with a broker to benefit from ZKJ price changes (either up or down). You’ll often find tighter spreads, but platforms charge a spread per transaction and may add overnight financing fees if your position is leveraged and held overnight.
Example
With NZ$1,700 and 5:1 leverage, your market exposure jumps to NZ$8,500.
✔️ Upside scenario:
If ZKJ jumps 8%, your leveraged CFD position gains 8% × 5 = 40%, so you could make NZ$680 profit (excluding fees), from just NZ$1,700 invested.
Key Considerations Before Investing
Before you invest in Polyhedra Network, compare all platform fees, security features, withdrawal rules, and available tools. Your best choice depends on your experience, risk tolerance, and investment goals. For a detailed NZ-focused platform comparison, check the table further down this page.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur 7 tips for buying Polyhedra Network
📊 Step | 📝 Practical Tip for Polyhedra Network (ZKJ) |
---|---|
Analyse the market | Review ZKJ’s recent technical trends, including its current neutral RSI and bearish short-term signals, alongside its strong one-year performance (+80%). Consider both the sector’s competitive dynamics and Polyhedra’s key position in interoperability. |
Select the right exchange | Use a reputable and liquid exchange such as OrangeX, LATOKEN, BitMart, Trubit, or Uniswap V3 that lists ZKJ and supports NZD/USD or major stablecoins for seamless NZ transactions. Always double-check token contract addresses to avoid scams. |
Define your investment budget | Set a clear NZD amount to invest, factoring in ZKJ’s volatility and your personal risk tolerance. Remember, only use capital you can afford to lose and diversify within your crypto portfolio. |
Choose an investment strategy (short or long term) | Decide if you plan to hold ZKJ long-term for adoption of zkBridge and ecosystem growth, or rather position for intermediate rallies (e.g., aiming for a technical rebound to $2.61). Adjust your buying and selling triggers accordingly. |
Monitor news & tech developments | Stay updated on Polyhedra’s new partnerships (such as with Google Cloud), ecosystem expansion, and technology releases, as NZ investors benefit from acting early on global announcements. Use reputable crypto news sources for timely updates. |
Apply risk management tools | Use limit orders to avoid overpaying during volatility, and set stop-loss/take-profit orders. Consider splitting your purchase to average out the price (“dollar-cost averaging”), especially given ZKJ’s recent range-bound trading. |
Sell at the right time | Track key resistance ($2.03) and broader market sentiment to identify potential exit points. Take profits in stages and factor in NZ’s capital gains obligations when planning trades. Avoid selling on impulse during short-lived dips. |
The latest news from the Polyhedra Network
Polyhedra Network announced a major strategic partnership with Google Cloud, highlighting global expansion potential. This collaboration, focused on democratising advanced Zero-Knowledge Proofs (ZK) technologies, is poised to accelerate Polyhedra's adoption across digital infrastructure in multiple regions, including Asia-Pacific markets. With New Zealand’s tech sector maintaining close ties to both Google Cloud and Singapore-based blockchain innovators, this development may facilitate increased NZ institutional and developer engagement with the Polyhedra ecosystem, especially as local organisations seek interoperability and privacy solutions.
ZKJ maintains strong financial stability with $586M–$620M market cap and high, stable trading volumes in recent days. Despite short-term volatility, significant capitalisation and a 24-hour trading volume between $5.5B and $7.2B signal robust liquidity and market confidence, particularly relevant for professional investors and institutional players in New Zealand considering portfolio diversification or liquidity provisioning in digital assets.
Polyhedra Network’s focus on “real world assets” (RWA) integration aligns with growing NZ demand for asset tokenisation strategies. The project’s roadmap expansion into RWA and its reputation as a leader in blockchain interoperability may resonate with New Zealand’s asset management sector and local fintechs exploring secure and compliant ways to bring traditional assets on-chain. The alignment with RWA trends supports a positive outlook for institutional adoption in the region.
Listing of ZKJ on major global crypto exchanges increases accessibility for New Zealand residents and financial entities. With active markets on OrangeX, LATOKEN, BitMart, Uniswap and Binance Alpha Spotlight, ZKJ is broadly accessible to NZ-based traders through both centralised and decentralised venues. This ease of access is a key advantage, given NZ’s maturing regulatory clarity around exchange use and capital gains taxation for cryptocurrencies.
High-profile fundraising and endorsement from top-tier investors (e.g., Binance Labs, UOB, Animoca Brands) strengthen ZKJ’s market credibility. The $45M raised across six funding rounds, including a $20M Series A-II at $1B valuation in March 2024, demonstrates strong institutional backing. Such credibility is particularly notable for NZ decision-makers evaluating network resilience and the likelihood of continued technology innovation and ecosystem growth.
FAQ
What is the latest staking yield for Polyhedra Network?
Currently, Polyhedra Network (ZKJ) does not offer a staking mechanism for its token holders. There are no official staking programs announced by the project, and ZKJ tokens are not eligible for earning staking rewards on major platforms. However, users interested in earning yield may explore liquidity provision options on decentralized exchanges, but these are not considered traditional staking and may involve higher risks.
What is the forecast for Polyhedra Network in 2025, 2026, and 2027?
Based on the current price of NZ$3.29 (converted from $2.01 USD), projections estimate Polyhedra Network could reach around NZ$4.94 by the end of 2025, NZ$6.57 by the end of 2026, and NZ$9.86 by the end of 2027. These optimistic projections reflect strong technological advancements in zero-knowledge proofs, institutional partnerships, and growing adoption of interoperability solutions within the Web3 ecosystem, all of which bolster ZKJ’s long-term potential.
Is now a good time to buy Polyhedra Network?
Polyhedra Network stands out as a leader in blockchain infrastructure, particularly in zero-knowledge technology and cross-chain interoperability. Backed by major investors and with increasing partnerships (notably with Google Cloud), the project is strategically positioned to benefit from the rising demand for secure, scalable interoperability in Web3 and AI integration. Its ecosystem expansion across 20+ blockchains further highlights its momentum, making it an attractive project for consideration in a dynamic sector.
What is the tax treatment of crypto gains in New Zealand, and does it apply to Polyhedra Network?
In New Zealand, profits from the sale of cryptocurrencies, including Polyhedra Network (ZKJ), are generally subject to income tax if acquired with the intention to sell or trade. There are no specific capital gains tax exemptions for crypto. All gains must be clearly reported to Inland Revenue, regardless of the asset’s blockchain or origin. Careful record-keeping and timely tax declaration are mandatory for all investors.
What is the latest staking yield for Polyhedra Network?
Currently, Polyhedra Network (ZKJ) does not offer a staking mechanism for its token holders. There are no official staking programs announced by the project, and ZKJ tokens are not eligible for earning staking rewards on major platforms. However, users interested in earning yield may explore liquidity provision options on decentralized exchanges, but these are not considered traditional staking and may involve higher risks.
What is the forecast for Polyhedra Network in 2025, 2026, and 2027?
Based on the current price of NZ$3.29 (converted from $2.01 USD), projections estimate Polyhedra Network could reach around NZ$4.94 by the end of 2025, NZ$6.57 by the end of 2026, and NZ$9.86 by the end of 2027. These optimistic projections reflect strong technological advancements in zero-knowledge proofs, institutional partnerships, and growing adoption of interoperability solutions within the Web3 ecosystem, all of which bolster ZKJ’s long-term potential.
Is now a good time to buy Polyhedra Network?
Polyhedra Network stands out as a leader in blockchain infrastructure, particularly in zero-knowledge technology and cross-chain interoperability. Backed by major investors and with increasing partnerships (notably with Google Cloud), the project is strategically positioned to benefit from the rising demand for secure, scalable interoperability in Web3 and AI integration. Its ecosystem expansion across 20+ blockchains further highlights its momentum, making it an attractive project for consideration in a dynamic sector.
What is the tax treatment of crypto gains in New Zealand, and does it apply to Polyhedra Network?
In New Zealand, profits from the sale of cryptocurrencies, including Polyhedra Network (ZKJ), are generally subject to income tax if acquired with the intention to sell or trade. There are no specific capital gains tax exemptions for crypto. All gains must be clearly reported to Inland Revenue, regardless of the asset’s blockchain or origin. Careful record-keeping and timely tax declaration are mandatory for all investors.