ZK
ZKsync
ZK

ZKsync price

in USD
$0.05516
-- (--)
USD
Market cap
$398.62M #90
Circulating supply
7.23B / 21B
All-time high
$0.2729
24h volume
$22.19M
4.4 / 5
ZKZK
USDUSD

About ZKsync

ZKsync (ticker symbol: ZK) is a cryptocurrency designed to support the ZKsync ecosystem, which focuses on scaling Ethereum through zero-knowledge rollups. These rollups allow faster, cheaper, and secure transactions by bundling multiple operations and verifying them with cryptographic proofs. ZKsync aims to enhance blockchain scalability while maintaining privacy and decentralization. The ZK token plays a critical role in the ecosystem, functioning as collateral for provers, enabling governance, and incentivizing participants to secure and operate the network. With applications spanning DeFi, real-world asset tokenization, and enterprise use cases, ZKsync is paving the way for a scalable and privacy-focused blockchain future.
AI insights
Official website
Github
Block explorer
CertiK
Last audit: --

ZKsync’s price performance

Past year
-54.49%
$0.12
3 months
+5.08%
$0.05
30 days
-10.92%
$0.06
7 days
-3.13%
$0.06

ZKsync on socials

Phan Đạt
Phan Đạt
Many degens playing meme coins often make a big mistake when looking for "smart money wallets" to follow — they see a wallet with high PNL and think it's a magical wallet worth following. But that's not necessarily the case, because it could very well be "insider trading (insider wallet)." An insider wallet is generally a wallet belonging to the project team or friends and family of the developers; these wallets usually only go all in on their own tokens, making a quick profit and then leaving. For example, this case👇 Wallet: 0x94ac8db4954d5af30410fb30a80ab024e22eaa1c Top PNL records: $BNBHolder: PNL +1.8M $ZK: PNL +11K Besides these two, it hardly made any other trades, like $4 and $Giggles, which yielded no returns at all. ➡️ So following such wallets is meaningless; you won't learn anything. The smart money worth following should be "real degens," who participate in many trades, have a natural trading style, and achieve long-term stable profits; only such wallets have reference value. Moreover, you need to analyze their trading style. For example👇 Wallet: 0x88ef935f47bb96f1e7af21c47b42f9cc21227cde Although the PNL isn't high, it has participated in many projects and is the kind of old player who is genuinely active in the market. In contrast, insider wallets usually only appear in one or two specific projects and don't have ongoing operations. Putting such wallets on your watchlist is purely a waste. 🧠 So how do you find wallets that are truly worth following? Three simple steps: Step 1: Open GMGN and search for the coins that have recently surged the most. Step 2: Go to 【Top Trades】 and sort by PNL from high to low. Step 3: Click in to analyze: What trades have they made before? What does the PNL curve look like? Is it a diversified layout or precise execution? Do they prefer to buy the dip or chase the rise? What market cap range do they operate in? After clarifying these points, categorize and name the wallets, and decide whether to follow based on their trading style. 👉 Following trades also requires thought, Don't be fooled by "farm wallets." Smart following is the way to truly make money. #BNB holder
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5
Rejamong.eth
Rejamong.eth
The hottest narrative in the market right now is "privacy". Privacy coins like L1 (Zcash, Monero..) that hide transactions to obscure the sender/receiver, or mixers utilizing ZK (Tornado Cash, Railgun..) have been heavily suppressed due to regulations. In 2023, many privacy coins that were already listed on most CEXs were completely delisted. However, as movements advocating for the legitimacy of privacy on the blockchain centered around Ethereum are growing, the market is shifting in an unfavorable direction for privacy. The Ethereum Foundation even released the "Ethereum Privacy Manifesto" through its official blog. Despite regulatory suppression, Ethereum has consistently asserted the importance of privacy. (In fact, Vitalik is a regular user of Railgun and even donated 50 ETH to help the Tornado Cash developers with their lawsuit.) The most critical technology for privacy on the blockchain is ZK. Most privacy projects, such as Zcash, Railgun, and Tornado Cash, are implemented using ZK technology. As the importance of privacy increases, the necessity for ZK proof projects like @brevis_zk will also grow. Additionally, to prevent privacy leakage from the Prover generating ZK proofs, TEE will once again come into focus. Ethereum is for Privacy.
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Rejamong.eth
Rejamong.eth
Let's learn about Coin Mixing and Tornado Cash in Tier 0 - The dark realm of ZK These days, it seems that positive sentiment towards ZK is being formed a lot due to Succinct and @boundless_xyz. Moreover, Ethereum is planning to overhaul all aspects of consensus and execution based on ZK. In fact, ZK is also the most promising technology that can break the limitations of blockchain, which is that "decentralization must sacrifice performance." However, in reality, ZK has been playing a very important role in blockchain for longer than one might think. That is "money laundering." The most prominent (?) project in this field is Tornado Cash. The operation process of Tornado Cash is as follows. (1) Preparation Tornado Cash creates a pool worth 100 ETH. (2) Deposit Users who want to launder money deposit a fixed amount (e.g., 1 ETH) into the pool created by Tornado Cash. At this time, a secret random value and its hash are stored together in the contract. (3) Mixing Since multiple users have deposited the same amount into the pool, the contract will mix the same amounts together. (4) Withdrawal Users who want to withdraw use the secret value created at the time of deposit to generate a ZK proof that says, "I am one of the people who deposited into this pool." This proof does not reveal what the depositor's address is, but only proves that they are one of the people who deposited 1 ETH into that pool. When a new address uses this ZK proof to withdraw, the depositor and the withdrawer are separated, hiding who sent what to whom. In other words, the coins are laundered. (One cannot hide that they are an account that has deposited and withdrawn assets through Tornado Cash.) Tornado Cash operates in this way by receiving multiple identical deposits, mixing them, and proving through ZK. Thus, ZK has been consistently used in private blockchains like ZCash due to its privacy characteristics and has also been actively used in mixers for money laundering like Tornado Cash. Rather, it can be said that it has only recently emerged as an alternative to solve the blockchain's trilemma problem due to its characteristics that minimize trust and compress data. + Tornado Cash makes it impossible to trace the flow of assets, which led to OFAC sanctioning it, making it illegal in the U.S. at one point. However, in November of last year, the sanctions were invalidated by a ruling stating, "Smart contracts are not property, so they are not subject to regulation." In other words, using Tornado Cash itself is no longer illegal.
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Mikerah
Mikerah
We need to bring back crypto-based advertising networks. No, this doesn't paying people on the network but instead leveraging ZK to minimize bots. Would be cool to see @Rarimo_protocol or @ZKPassport be used here
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ZKsync FAQ

Currently, one ZKsync is worth $0.05516. For answers and insight into ZKsync's price action, you're in the right place. Explore the latest ZKsync charts and trade responsibly with OKX.
Cryptocurrencies, such as ZKsync, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as ZKsync have been created as well.
Check out our ZKsync price prediction page to forecast future prices and determine your price targets.

Dive deeper into ZKsync

ZKsync is a Layer-2 zero-knowledge (ZK) rollup designed to scale the Ethereum network and reduce the cost of transacting on the blockchain. ZK rollup, which underpins the platform, is a trustless protocol that allows validators to confirm a transaction's authenticity without revealing any information about the transaction. As a result, the protocol preserves user privacy and security on the network while supporting faster and cheaper transaction processing.

Built by Matter Labs, ZKsync is the first zkEVM (Ethereum Virtual Machine) chain. It's designed to "look and feel like Ethereum," according to the project team, to help simplify adoption. Meanwhile, just like Ethereum, smart contracts are written using the Solidity and Vyper smart contract languages, and can be called via the same clients as other EVM-compatible chains.

How does ZKsync work?

ZKsync adopts ZK technology, a cryptographic method used to confirm the proof of a statement while obscuring any information about the statement itself. Think of the technology like an identity card that confirms you're an adult without revealing your actual age, name, or any other personal details.

ZK rollups help to improve the scalability of the Ethereum blockchain by performing computation and state offchain. The solution bundles transactions together at Layer-2 before they're posted on Layer-1. This method allows users to benefit from all the security advantages of Ethereum's base network but with higher throughput and lower fees.

ZKsync is compatible with EVM, and almost every smart contract written for EVM will be supported by the platform. That means most projects can be migrated over to the network with little to no modification.

Why is ZKsync significant?

ZKsync helps to address one of the most pressing limitations of the Ethereum network — scalability. Ethereum's relatively limited transaction throughput can lead to network congestion during periods of high demand, an issue that's only compounded as more users adopt the network. Meanwhile, congestion can lead to high gas fees, making transactions and interactions with decentralized applications costly. High latency is another challenge impacting the network's performance, as transactions are typically confirmed in a relatively slow 13 to 15 seconds.

ZKsync's use of ZK technology helps to ease these limitations while providing a platform that retains Ethereum's robust security and familiar usability. In theory, this should incentivize more developers to adopt Ethereum, strengthening the network's appeal at a time when competing solutions continue to launch.

ZK price and tokenomics

The ZK token has a total circulating supply of 21 billion. In June 2024, an airdrop was completed to distribute 17.5% of the token's supply to the project's community. Of the approximately 3.6 billion tokens reportedly airdropped to 695,232 wallets, 89% went to those who'd transacted on ZKsync — although the exact criteria wasn't announced — with 11% going to ecosystem contributors. This included ZKsync native projects, onchain communities, and builders. Meanwhile, 49.1% of the ZK supply will reportedly be distributed through "ecosystem initiatives", while 17.2% will go to investors and 16.1% will be allocated to Matter Labs members.

Due to a lack of liquidity, no ZK price was available as of the June 2024 ZK token airdrop. However, based on existing pre-launch futures available on Aevo, ZK perpetuals look to be trading at about $0.22.

About the ZKsync founders

ZKsync was developed by Berlin-based blockchain developer Matter Labs. The company was founded in 2018 by Alex Gluchowski and Alex Vlasov, and first deployed ZKsync to a closed testnet in December 2021. The platform was made publicly available on the mainnet on March 24, 2023.

The Matter Labs team, comprised of engineers, researchers, and technical experts, has made clear its focus on redrawing the limits of blockchain scalability through zk technology and open source developments. The organization is working towards the mainstream arrival of public blockchains, and is backed by numerous major players in the space, including the Ethereum Foundation.

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Market cap
$398.62M #90
Circulating supply
7.23B / 21B
All-time high
$0.2729
24h volume
$22.19M
4.4 / 5
ZKZK
USDUSD
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