NOCKCHAIN RIPS 96% IN 7 DAYS AFTER PROTOCOL UPGRADE
Nockchain's $NOCK token surges roughly 96% in seven days following a major Transaction Engine v1 protocol upgrade set to activate at block height 39,000, making it one of the top weekly performers among Proof of Work tokens.
@nockchain's native token $NOCK has surged roughly 96% over the past seven days, placing it among the top weekly performers in the Proof of Work sector. The rally follows the announcement of a major protocol upgrade — Transaction Engine v1 — set to activate at block height 39,000.
Nockchain is a Layer-1 blockchain built on what it calls Zero-Knowledge Proof of Work (ZKPoW), a consensus mechanism in which nodes secure the network by mining ZK proofs rather than burning raw computational hash power. The project describes itself as a protocol for "private, unstoppable applications" and claims to already operate one of the largest proving networks in the world.
What the Protocol Upgrade Introduces
The Transaction Engine v1 upgrade is a consensus-breaking change, meaning it is mandatory for all node operators and miners. According to the project's official documentation, the upgrade introduces several key improvements: Pay-to-Public-Key-Hash (P2PKH) addresses that reduce address length by more than half, Segregated Witness (SegWit) for more efficient transaction data handling, on-chain data storage, and lock-script programmability.
The shorter P2PKH addresses add a layer of privacy, since the full public key is not revealed until funds are spent. Meanwhile, the SegWit implementation allows more transactions to fit into each block without increasing block size, a design choice that should reduce fees and improve throughput. Nockchain has stated that this work is a necessary precondition for its next major milestone: building its first bridge to another ecosystem.
Fair Launch Tokenomics and Market Position
Nockchain launched its mainnet in May 2025 through a fair launch with no pre-mine. The total supply of $NOCK is hard-capped at 2³² — approximately 4.29 billion tokens — with 100% of supply issued to miners. The project currently sits at roughly $27 million in market capitalisation and is positioning itself as a competitor to other emerging L1 blockchains.
The recent price surge has drawn increased attention to the relatively young network. While the rally reflects growing investor confidence in Nockchain's technical development, the project's longer-term trajectory will depend on developer adoption, the reliability of the upgraded network at scale, and whether its planned cross-chain bridge can attract liquidity from larger ecosystems.
Sources:
Nockchain V1 Protocol Upgrade Reminder (Official)
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Author
Jon WangJon studied Philosophy at the University of Cambridge and has been researching cryptocurrency full-time since 2019. He started his career managing channels and creating content for Coin Bureau, before transitioning to investment research for venture capital funds, specializing in early-stage crypto investments. Jon has served on the committee for the Blockchain Society at the University of Cambridge and has studied nearly all areas of the blockchain industry, from early stage investments and altcoins, through to the macroeconomic factors influencing the sector.