A category dismissed as niche for years is suddenly back in the center of the conversation.
Renewed attention on $ZEC tracked a privacy category pulling mainstream interest it had not seen in years.
The long-standing demand around $XMR showed appetite for private transactions never faded, even as regulators tightened the screws on blanket anonymity.
Midnight approaches that same demand from the compliant side. It is a Layer 1 for programmable privacy where a user proves a statement is true, like being over 18 or holding sufficient funds, while the data behind it stays private.
Selective disclosure is the version of privacy a regulator can live with, and the compliant end of the category is the part institutions are watching most closely.