ZKsync Logo

ZKsync ZK

ZKsync header image

1. Summary

Ranks

Liquidity
99
Developer
85
Social
-
Momentum (beta)
0
Stack Rankā„¢
-
Price
52W High price $0.22
52W High date 20th Jun 2024 (5 months ago)
All Time High (ATH) Date 17th Jun 2024 (5 months ago)
ATH Price $0.32
% From ATH -59.73%
All Time Low (ATL) Date 5th Aug 2024 (3 months ago)
ATL Price $0.08
% From ATL 55.65%
Supply & Trading Volume
Trading Volume (24h) $153.05M
Total Supply 21.00B
Max Supply 21.00B
Circulating Supply 3.68B
Description

zkSync is a layer-2 scaling solution built on Ethereum, designed to speed up transactions and lower gas fees while maintaining high security and privacy for users. It achieves this through Zero-Knowledge Rollup (ZK-Rollup) technology, which bundles transactions off-chain for processing and then submits them back to the main chain for validation. Th...

zkSync is a layer-2 scaling solution built on Ethereum, designed to speed up transactions and lower gas fees while maintaining high security and privacy for users. It achieves this through Zero-Knowledge Rollup (ZK-Rollup) technology, which bundles transactions off-chain for processing and then submits them back to the main chain for validation. This approach ensures a secure, trustless environment for decentralized finance (DeFi) activities without relying on third-party validators.

What is zkSync Era?

zkSync Era is an upgrade to the network, providing all the features of Ethereum while offering faster and more cost-effective transactions. Unlike its initial form, zkSync Era supports smart contracts, allowing activities like DeFi and NFTs.

Key Features and Technology

  • Zero-Knowledge (ZK) Rollup: Generates cryptographic proofs to verify transactions without revealing the transaction details, ensuring privacy and high security.
  • Layer-2 Solution: Scales Ethereum by separating ownership from computation, allowing for high transaction rates while maintaining L1-level security.
  • zk-EVM: The first zero-knowledge EVM for Ethereum, enabling general-purpose applications in Solidity without costly gas fees and performance barriers.

Development and Funding

  • Developed by: Matter Labs, founded in 2019 by Alex Gluchowski and Alexandr Vlasov.
  • Funding: Raised over $400 million from numerous VC funds, crypto incubators, and investors, including the Ethereum Foundation, Dekrypt Capital, Placeholder, and Dragonfly Capital.

Ecosystem and Use Cases

  • DeFi and NFT Support: zkSync Era supports DeFi transactions and NFTs, enabling a wide range of activities on the platform.
  • Variety of Use Cases: Projects like SyncSwap, Mute.io, and ZkFOX contribute to the growing potential of DeFi on zkSync, offering services such as decentralized exchanges, lending platforms, and more.

Thus, zkSync aims to accelerate mass adoption of blockchain technology while preserving the core values and ethos of Ethereum.

2. Price

ZK

2.1. Market Performance

How does ZKsync's (ZK) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

13.4%

ZK

-8.2%

Similar Market Cap

60 Day Return

10.5%

ZK

-7.8%

Similar Market Cap

3. Developer Activity

We're monitoring 169 ZKsync GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All ZKsync Repos)

Commits vs. The Market

  • Past 4 weeks: 45 commits vs. an average of 1
  • Past 12 weeks: 253 commits vs. an average of 8
  • Past year: 1,808 commits vs. an average of 113

Most Active Repos

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Top Developers 2024

In total, 119 developers have contributed to ZKsync over the past year. Who are the most active ZKsync developers, by commits, over the past year?

Related Projects

Developers working on ZKsync also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users
Twitter followers 1M
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://zksync.io/
Explorer https://zksync.io/explore#explorers
Twitter @zksync
Forum https://zksync.mirror.xyz/

What is the correct contract address for ZKsync?

Zksync 0x5a7d6b2f92c77fad6ccabd7ee0624e64907eaf3e

Has ZKsync been audited for security?

No security audits found for this project.

Are you the owner of ZKsync? Edit it here

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