Dogecoin Proposes zk-Rollup Upgrade as Price Eyes $0.5

Published: 2025-07-23 16:57:09 |

Dogecoin developers have proposed a core protocol upgrade that adds a native opcode, OP_CHECKZKP, for on-chain verification of Groth16 zero-knowledge proofs. This enhancement makes Dogecoin compatible with zk-rollups and supports an EVM-compatible zkVM. It boosts scalability and transaction speed while preserving Dogecoin’s simplicity. If approved, Layer-2 solutions and Ethereum-native apps could launch directly on the network. The Dogecoin price recently dipped to around $0.2591 but remains up more than 69% over the past month. Technical indicators are bullish. The RSI hovers near 60 without overbought conditions. The MACD is set to turn positive. Analysts now target $0.3 by August and $0.5 by year-end if support at $0.260 holds. Institutional interest is also rising. Bit Origin has announced a $500 million fund to build a Dogecoin treasury. Meanwhile, presale token SUBBD has raised $850,000 for its AI-powered platform. Traders should watch the $0.260 support zone for entry opportunities amid broader altcoin season trends.

Bullish

The proposed zk-rollup upgrade with OP_CHECKZKP significantly enhances Dogecoin’s scalability and paves the way for Layer-2 and Ethereum-compatible applications. Coupled with strong technical indicators—RSI near 60 and an imminent MACD crossover—and robust institutional support, the news boosts trader confidence. In the short term, holding the $0.260 support could trigger a rally to $0.3. In the longer term, broader adoption and Layer-2 deployment can sustain bullish momentum toward $0.5 and beyond.