zkSync Price

zkSync (ZK) Live Price Chart

zkSync Live Price Data

The live price of zkSync is $0.1640, with a total trading volume of $ 599,833 in the last 24 hours. The price of zkSync changed by -1.2% in the past day, and its USD value has increased by +2.69% over the last week. With a circulating supply of 3.68B ZK, the market cap of zkSync is currently 625.08M USD, marking a --% increase today. zkSync currently ranks #-- in market cap.
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Note: This data is for reference only.

zkSync(ZK) Profile

zkSync Era 0x5A7d6b...f3E
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Code & Community

About ZK

How can I buy zkSync (ZK)?

Buying ZK on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy zkSync (ZK) for more information.

What Is ZKsync (ZK) Crypto?

ZKsync (ZK) is a Layer-2 scaling solution for Ethereum. It uses zero-knowledge rollups (zk-rollups) to enhance the scalability and efficiency of Ethereum. This technology allows ZKsync to process many transactions off-chain and then post a single proof to the Ethereum mainnet, significantly increasing transaction speed and reducing costs.

ZKsync aims to maintain Ethereum's security while providing higher throughput. It can handle thousands of transactions per second, compared to Ethereum's lower capacity. This makes ZKsync ideal for applications that require high transaction volumes, like decentralized exchanges and gaming platforms.

One of the unique features of ZKsync is its support for EVM-compatible smart contracts, allowing developers to deploy their Ethereum-based applications with minimal changes. Additionally, ZKsync reduces gas fees substantially, making transactions up to 100 times cheaper than on Ethereum.

The platform ensures security through zero-knowledge proofs, which validate transactions without revealing their details. This maintains the integrity of transactions and ensures they are secure even if the Layer-2 system encounters issues.

ZKsync's development is led by Matter Labs, which has raised significant funding to advance the technology. The project continues to grow, with a robust ecosystem of decentralized applications (dApps) being built on it.

Here's a deep dive into ZKsync and how it works.

How Does ZKsync Work?

ZKsync (ZK) is an Ethereum Layer-2 scaling solution that enhances transaction speed and reduces costs using zero-knowledge rollups (ZK-rollups). Here’s a simple explanation of how it works:

  1. Bundling Transactions: ZKsync collects multiple transactions off-chain and bundles them into a single batch.
  2. Generating Proofs: It generates a cryptographic proof (a zero-knowledge proof) to confirm the validity of the transactions in the batch.
  3. Posting to Ethereum: The proof is then posted to the Ethereum mainnet. This process is much quicker and cheaper than processing each transaction individually on Ethereum.
  4. Security: ZKsync relies on the security of the Ethereum network to ensure that the transactions are valid and secure.

This method allows ZKsync to handle thousands of transactions per second (TPS), significantly more than Ethereum’s native capacity. It also lowers gas fees to a fraction of what they would be on Ethereum.

History of ZKsync and ZK Coin

ZKsync was developed by Matter Labs, a team based in Berlin. The project was founded by Alex Gluchowski and a few other key managers. Matter Labs aims to create the first EVM-compatible zero-knowledge rollup that supports general-purpose applications in Solidity, without the high gas fees and performance barriers.

ZKsync launched its first version, zkSync 1.0 (now called zkSync Lite), in June 2020. This initial version focused on simple transfers and swaps. In October 2022, zkSync 2.0 (rebranded as zkSync Era) launched its mainnet. This updated version supports EVM-compatible smart contracts, allowing developers to port their Ethereum applications with minimal changes. The zkSync Era represents the first zkEVM (zero-knowledge Ethereum Virtual Machine) to go live on the mainnet, marking a significant milestone for the project and the zk-rollup space.

The roadmap for zkSync includes further enhancements such as zkPorter, which aims to boost transaction throughput to around 20,000 transactions per second. Additionally, zkSync plans to support a range of decentralized applications (dApps) and has a growing ecosystem with more than 150 projects in various stages of development.

To support its development, Matter Labs has raised significant funding, totaling approximately $458 million from various investors including the Ethereum Foundation, Union Square Ventures, and Andreessen Horowitz.

What Is ZK Token Used for?

The $ZK token has several key use cases:

  1. Governance: You can use ZK tokens to participate in the governance of the zkSync protocol. This includes voting on proposals that affect the future development and operation of the zkSync ecosystem.
  2. Staking: ZK tokens can be staked to earn rewards. This helps secure the network and provides incentives for token holders.
  3. Transaction Fees: You can use ZK tokens to pay for transaction fees within the zkSync network. This makes transactions more efficient and cost-effective.
  4. Incentives: ZK tokens are used to incentivize users and developers. This includes rewards for active community participation and contributing to the network's growth.
  5. Ecosystem Utilities: The tokens can also be used within various applications and services built on the zkSync network, such as decentralized finance (DeFi) platforms, marketplaces, and more.
  6. Trade ZK on KuCoin: Trade ZK crypto against other cryptocurrencies on the KuCoin Spot Market after doing your own research (DYOR). Buy, sell, or HODL $ZK depending on your investment goals and risk tolerance.

What Is ZKsync Tokenomics?

The total supply of ZK tokens is 21 billion. The ZK token distribution is as follows:

  1. ZKsync Airdrop: 17.5% of the total supply has been allocated to an airdrop, which is fully unlocked.
  2. Ecosystem Initiatives: 19.9% is reserved for ecosystem development to support various projects and initiatives within the zkSync network.
  3. Investors: 17.2% is allocated to investors, with a one-year cliff and monthly vesting over three years.
  4. Team: 16.1% is set aside for the zkSync team, also with a one-year cliff and monthly vesting over three years.
  5. $ZK Token Assembly: 29.3% is reserved for a token assembly, to support various long-term strategic goals.
zkSync (ZK) Price Movements ($)
PeriodChangeChange (%)
7 Days$0.00563.58%
30 Days$-0.0462-21.90%
3 Months$0.1147229.60%
24H Investment Barometer
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Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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zkSync Conversion Rate
  • 1 ZK to USD$0.16406718
  • 1 ZK to EUR€0.15032934
  • 1 ZK to AUD$0.24407946
  • 1 ZK to KRW₩227.04
  • 1 ZK to JPY¥25.77
  • 1 ZK to GBP£0.1264912
  • 1 ZK to INR₨13.71
  • 1 ZK to IDRRp2,652.14
  • 1 ZK to CAD$0.22477532
  • 1 ZK to RUB₽14.45


How much is 1 zkSync (ZK) worth?
KuCoin provides real-time USD price updates for zkSync (ZK). zkSync price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ZK to USD exchange rates.
Is ZKsync (ZK) a Good Investment?

zkSync offers a combination of low costs, high speed, strong security, and a growing ecosystem, making it a compelling option for investors interested in Ethereum Layer-2 solutions:

  1. Low Transaction Fees: zkSync significantly reduces transaction fees, making it much cheaper than using Ethereum directly. You can save up to 99% on gas fees compared to Ethereum transactions.
  2. High Transaction Speed: zkSync can handle a high volume of transactions per second, currently estimated at up to 20,000 TPS, with future upgrades expected to increase this to 100,000 TPS.
  3. Security: zkSync maintains the high security standards of the Ethereum mainnet. It uses zero-knowledge proofs to ensure that transactions are both private and secure.
  4. Scalability: The use of zk-rollups allows zkSync to scale efficiently, processing multiple transactions off-chain and submitting them in batches to Ethereum. This improves the overall scalability of Ethereum-based applications.
  5. Strong Ecosystem: zkSync supports a growing ecosystem of decentralized applications (dApps) and DeFi projects. This includes popular projects like Curve, Yearn Finance, and ZigZag, which enhances its utility and adoption potential.
  6. Potential Airdrops: There is anticipation for future airdrops, which could provide additional tokens to users participating in the zkSync network. This can be an attractive incentive for early adopters.
What Is ZKsync Price Prediction?

These factors collectively determine the fluctuations in the ZK price prediction:

  1. Market Demand and Supply: The balance between buyers and sellers in the market significantly impacts the token's price. Higher demand with limited supply typically drives prices up, while an excess supply with lower demand can cause the ZKsync price to drop.
  2. Utility and Adoption: The usefulness of the ZK token within the zkSync ecosystem, such as its roles in governance, staking, and paying transaction fees, can drive demand. Increased adoption of zkSync's platform and services boosts the ZK to USD price.
  3. Airdrops and Distribution: Large-scale token distributions, like airdrops, can affect the $ZK price. If many tokens are distributed to users, the market may see increased selling pressure, leading to a temporary price decline.
  4. Market Sentiment: General market sentiment around cryptocurrencies and specific sentiment toward zkSync can influence the ZK token price. Positive news, such as new partnerships or technological advancements, can lead to price increases. Conversely, negative news or broader market downturns can depress the ZK coin price.
  5. Technological Developments: Updates and improvements in zkSync's technology, such as the launch of zkSync Era and other advancements in its zero-knowledge rollup technology, can attract more users and developers, positively impacting the ZK crypto price.
  6. Competition and Ecosystem: The competitive landscape of Layer-2 solutions and how zkSync positions itself against alternatives like Optimistic Rollups can also influence its token price. Success in gaining a larger market share can drive the ZKsync crypto price higher.
How to Claim ZKsync Airdrop

Here’s how you can claim $ZK airdrop:

  1. Set Up a Wallet: Ensure you have a supported wallet like MetaMask or TrustWallet. Add the zkSync Era network to your crypto wallet settings and fund it with ETH for transaction fees.
  2. Bridge Funds: Use the zkSync bridge to transfer ETH from the Ethereum mainnet to the zkSync network. This is essential to qualify for the airdrop.
  3. Engage with the Ecosystem: Actively participate in zkSync by performing transactions and interacting with various dApps. This includes adding liquidity, swapping tokens, and engaging in lending protocols like EraLend.
  4. Complete Community Tasks: Join the zkSync Guild and complete tasks to show active involvement. Engage with zkSync-based platforms and applications regularly to increase your activity levels.
  5. Check Eligibility: After participating in the above activities, check your eligibility for the airdrop on the official zkSync airdrop claim page. The airdrop distribution begins soon and runs until January 3, 2025.

Always use official sources and verify links to avoid scams. Keep updated by following zkSync on social media and subscribing to their newsletters.

What is the all-time high price of zkSync (ZK)?
The all-time high price of zkSync (ZK) is $0.3097. The current price of ZK is down 0.47% from its all-time high.
What is the all-time low price of zkSync (ZK)?
The all-time low price of zkSync (ZK) is $0.1309. The current price of ZK is up 0.25% from its all-time low.
How much zkSync (ZK) is there in circulation?
As of 7 18, 2024, there is currently 3.68B ZK in circulation. ZK has a maximum supply of 21B.
What is the market cap of zkSync (ZK)?
The current market cap of ZK is $625.08M. It is calculated by multiplying the current supply of ZK by its real-time market price of $625.08M.
How do I store zkSync (ZK)?
You can securely store your zkSync in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ZK include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
Fear & Greed Index
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-- USD