ZK (ZKsync) has increased by 25.66% over the past 24 hours, with a trading volume reaching $995 million.

ZK-3,8%
ETH-3,05%
BTC-2,53%

Gate News Bot Message, February 02, According to CoinMarketCap data, at the time of press, ZK (ZKsync) is trading at $0.03, up 25.66% in the past 24 hours, with a high of $0.04 and a low of $0.02. The 24-hour trading volume reached $995 million. The current market capitalization is approximately $269 million, an increase of about $54.9 million from yesterday.

ZKsync is a blockchain network protected by cryptography rather than validators. Its cutting-edge zero-knowledge proof innovations provide the privacy, performance, and interoperability needed for enterprises to thrive in the digital asset economy.

ZKsync offers an open-source, customizable enterprise-grade zero-knowledge proof blockchain solution through the ZK Stack framework, supporting global scalability and native interoperability, while inheriting Ethereum’s security. Prividium™ is an Ethereum security blockchain platform designed specifically for institutions requiring privacy, compliance, and full data control. ZKsync Connect is the first interoperability protocol built for institutions, enabling real-time secure connections across public and private systems via zero-knowledge proofs.

Airbender is the world’s fastest RISC-V prover, achieving sub-second block proofs and minute-level Ethereum settlements on commercial GPUs, at extremely low costs (about $0.0001 per transaction), fully open-source and versatile. ZKsync provides developers with native EVM support, modern login primitives (Passkeys, smart accounts, payment managers, and session keys), and a production-grade stack (including out-of-the-box metrics, logging, and tracing). The codebase is fully open-source and independently audited, with millions of zero-knowledge proofs generated and verified in production, employing multi-layer defense architecture, role-based controls, rate limiting, and a maximum $1.1 million bug bounty program.

Important recent ZK news:

1️⃣ ZK-rollup Ecosystem Expansion Promotes Industry Consensus Upgrade
The Bitcoin-based ZK-rollup project Citrea launched on mainnet from January 27-29, utilizing zero-knowledge proof architecture to build a native financial application layer on Bitcoin. Supported by Peter Thiel, Galaxy, and other institutions, it introduced cBTC and ctUSD assets, deploying over 30 decentralized applications during its initial phase. This development indicates ZK technology is extending from the Ethereum ecosystem to Bitcoin, demonstrating the core value of zero-knowledge proofs in cross-chain scalability and capital efficiency, laying the foundation for commercialization across the ZK track.

2️⃣ Vitalik Reaffirms the Decisive Role of ZK-SNARKs in Blockchain Architecture
Vitalik Buterin recently stated that the development of zero-knowledge technologies like ZK-SNARKs has fundamentally changed blockchain trade-offs, making it possible to verify on-chain correctness without re-executing all transactions, thus “achieving both security and scalability.” This shift reflects an upgraded industry recognition of the theoretical value of zero-knowledge proofs, strengthening ZK-rollup’s position as the ultimate blockchain scalability solution and providing academic and ideological support for the long-term value of ZK ecosystem projects including ZKsync.

3️⃣ ZK Technology Shifts from Single Security Application to Comprehensive Financial Infrastructure
The mainnet launch and feature deployment of ZK-rollups in the Bitcoin ecosystem mark zero-knowledge proof technology’s transition from theoretical research to large-scale commercial use. By maintaining Bitcoin’s security assumptions while introducing native lending, stablecoins, and other financial infrastructure, the industry is validating the feasibility of ZK technology supporting a complete financial ecosystem. This paradigm shift enhances market expectations for core infrastructure providers in the ZK track. As a leading ZK-rollup solution provider, ZKsync is poised to benefit from ecosystem demand expansion.

This message is not investment advice; please be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Fractal model predicts Bitcoin will hit bottom in October 2026

Bitcoin shows positive recovery signals, improving market sentiment after a long phase of volatility. However, experts believe the current uptrend is short-term, with deeper correction risks ahead. According to Crypto Rover's fractal model, Bitcoin's price follows a four-year cycle influenced by halving events. The current cycle likely peaked in late 2025, with further declines expected before a potential bottom around 2026. Short-term price fluctuations can mislead investors, emphasizing the importance of understanding these cycles for long-term trends.

TapChiBitcoin18m ago

Bittensor Holds Strength but Faces Resistance Near $285 Level

Key Insights: Bittensor maintains strong short-term momentum above key averages, while ETF developments and high staking levels continue shaping liquidity and investor demand dynamics. Overbought technical indicators signal stretched conditions, even as bullish momentum persists,

CryptoFrontNews55m ago

Dogecoin Slides Despite Elon Musk Reviving DogeFather Persona

Key Insights Elon Musk’s DogeFather post sparked attention, yet Dogecoin’s price declined, showing limited market reaction despite strong social media engagement and renewed community discussion. Dogecoin traded near $0.093 after a failed recovery attempt, with steady volume and moderate

CryptoFrontNews59m ago

Trump Issues 48-Hour Ultimatum to Iran, Bitcoin Drops Below 69,200 on Weekend

On March 22, following Trump's ultimatum to Iran, Bitcoin fell below $69,200, declining 2.2% over 24 hours. Market sentiment impacted mainstream crypto assets broadly, with declines across the board despite the Federal Reserve maintaining interest rates unchanged. War risk has made traders cautious. If Iran fails to restore Strait of Hormuz passage, the conflict could escalate, impacting global energy transportation.

GateNews1h ago

How High Can Ripple’s XRP Price Go This Week?

XRP's price is down due to a market-wide decline, particularly influenced by Bitcoin's pullback. Currently, XRP faces resistance around $1.45, with sideways movement indicating market uncertainty. The next price movement may rely on Bitcoin's stability.

CaptainAltcoin1h ago

Bitcoin dips back below $75,000 on the eve of the Federal Reserve decision

Bitcoin recently touched $75,000 but failed to sustain the level, pulling back to $74,000, reflecting cautious sentiment among investors ahead of the upcoming Federal Reserve interest rate decision. Geopolitical risks and elevated energy prices have driven inflation higher, affecting market expectations for rate cuts and pushing the timeline for cuts to year-end. Technical analysis shows Bitcoin remains strong but has not confirmed a decisive breakout above the $75,000 level, with limited upside potential in the near term.

区块客2h ago
Comment
0/400
No comments