zkSync Price

zkSync (ZK) is a cryptocurrency built on zero-knowledge proof technology, currently ranked #188 with a price of $0.05793. It operates on the zkSync Era platform, focusing on privacy, security, and scalability through Layer 2 solutions. Zero-knowledge proofs allow zkSync to verify transactions without revealing sensitive information, making it ideal for privacy-focused applications while maintaining blockchain transparency. As a Layer 2 solution, it helps reduce gas fees and increase transaction throughput on Ethereum. With a circulating supply of 7.23B ZK and maximum supply of 21B ZK, zkSync has gained attention for its potential to solve blockchain scalability issues. Its 24-hour trading volume is $3.43M with a market cap of $418.93M. The project is backed by notable investors including Blockchain Capital and OKX Ventures, positioning it as a promising player in the zero-knowledge ecosystem for 2025 and beyond.

zkSync was created on June 16, 2024, when it was officially listed on cryptocurrency tracking platforms. The project operates on the zkSync Era platform, focusing on privacy and zero-knowledge proof technology. As a Layer 2 scaling solution, zkSync aims to improve blockchain transaction efficiency while maintaining security. Currently ranked #188 with a price of $0.05793, zkSync has a circulating supply of 3.675 billion tokens out of a maximum supply of 21 billion tokens. Since its creation, zkSync has gained significant attention in the Web3 space, particularly for its implementation of zero-knowledge proofs for enhanced privacy and scalability.

zkSync was founded by Matter Labs, a company led by Alex Gluchowski and Alex Vlasov. They created zkSync as a Layer 2 scaling solution for Ethereum using zero-knowledge proof technology. The project officially launched in 2020, with the mainnet going live in 2022. Matter Labs has received backing from notable investors including Blockchain Capital and OKX Ventures, helping them develop zkSync's ecosystem which focuses on privacy and scalability while maintaining Ethereum's security guarantees.

zkSync works through zero-knowledge proofs (ZK-proofs), allowing transactions to be verified without revealing sensitive information. The ZK network uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) to validate transactions while maintaining privacy and security. When you send ZK, the transaction is bundled with others and processed in batches. The system generates cryptographic proofs that confirm transactions are valid without exposing details. This approach offers: 1. Enhanced privacy: Transaction details remain confidential 2. Improved scalability: Processing multiple transactions simultaneously 3. Lower fees: Reduced computational requirements 4. Faster settlements: Quicker verification times Currently trading at $0.05793 with a market cap of $418.93M, zkSync has established itself as a leading Layer 2 solution that addresses blockchain scalability while preserving security. The total supply is capped at 21B ZK, with 7.23B ZK currently in circulation.

zkSync employs a multi-layered technical architecture centered around zero-knowledge proofs (ZKPs). At its core, it uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) to validate transactions without revealing sensitive information. The architecture consists of: 1. Layer 1: Base blockchain layer (typically Ethereum) for security and settlement 2. Layer 2: zkRollup technology that batches multiple transactions into a single proof 3. Proof generation system: Creates cryptographic proofs that verify transaction validity 4. Smart contract layer: Manages the protocol logic and token economics 5. Validator network: Processes transactions and generates proofs This architecture enables zkSync to achieve high throughput (thousands of transactions per second), low fees, and near-instant finality while maintaining privacy and security. The system currently handles $3.43M in daily transaction volume with a market cap of $418.93M.

zkSync has a promising future with a comprehensive roadmap focused on advancing zero-knowledge proof technology. As a Layer 2 solution, zkSync aims to enhance blockchain scalability while maintaining strong privacy features. The roadmap includes protocol upgrades to improve transaction throughput, reduce fees, and expand cross-chain interoperability. By 2026, zkSync plans to implement advanced ZK-rollups for faster validation and deploy additional privacy-preserving features. The 2027 roadmap includes enterprise adoption initiatives and expanded developer tools. Looking toward 2030, zkSync aims to become a leading infrastructure for privacy-focused DeFi applications with seamless integration across major blockchains. The team is actively working on governance improvements to increase decentralization. With current market cap at $418.93M and growing ecosystem partnerships, zkSync is positioning itself as a fundamental building block for the privacy-enhanced Web3 future.