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zkSync is a Layer-2 scaling solution that preserves the security properties of the underlying blockchain by leveraging the latest generation of succinct zero-knowledge proofs. All funds in zkSync are held in a smart contract on the mainchain, while computation and storage are performed off-chain. For each Rollup block, a state transition zero-knowledge proof (SNARK) is generated and verified by the mainchain contract. This SNARK includes the proof of the validity of every transaction in the Rollup block.
What is zkSync?
zkSync is an Ethereum Layer 2 scaling solution developed by Matter Labs, utilizing zero-knowledge rollups to enhance transaction throughput and reduce fees while maintaining the security and decentralization of the Ethereum mainnet. Its mission is to provide an affordable and scalable ecosystem for users and developers, supporting the growing needs of DeFi applications, NFT platforms, and other innovative projects on the Ethereum blockchain.
How Does zkSync Work?
zkSync operates by aggregating multiple transactions into a single batch using zero-knowledge proofs, which are then processed and recorded on the Ethereum blockchain. This approach significantly increases transaction speed and reduces costs without compromising security. The architecture includes two main layers: Layer 1 (Ethereum mainnet) for data storage and validation, and Layer 2 (zkSync) for computation and transaction aggregation.
What Makes zkSync Unique?
Key features of zkSync include high scalability, with the ability to process thousands of transactions per second; low transaction fees, making it accessible to a broader audience; robust security and decentralization by leveraging Ethereum's mainnet; and support for smart contracts, enabling the development of diverse decentralized applications.
Who Are the Founders of zkSync?
zkSync was founded by Matter Labs, a German-based company dedicated to scaling Ethereum. The team began working on zkSync in December 2019 and released zkSync v1.0 in June 2020. Matter Labs has secured funding from notable investors, including Binance, Aave, Curve, Coinbase Ventures, a16z, Dragonfly, and Placeholder.

Latest News

What Key Events Have There Been for zkSync?
Significant milestones for zkSync include the release of zkSync v1.0 in June 2020, achieving a throughput of 300 transactions per second. Subsequent developments led to zkSync 2.0, introducing zkEVM for Ethereum Virtual Machine compatibility and zkPorter for sharding solutions, aiming to increase throughput to 20,000 transactions per second. In June 2024, zkSync conducted an airdrop of its native ZK token, with 45% of tokens claimed within two hours, resulting in an initial market capitalization near $800 million.
Project Announcements
In April 2025, zkSync experienced a security breach involving the airdrop smart contracts, where a compromised admin key was used to mint approximately 111 million unclaimed ZK tokens. The incident was isolated to the airdrop contracts, with no impact on user funds or the main protocol. The event led to a temporary 15-20% drop in the ZK token price.

Upcoming Events

Latest Airdrop
The most recent airdrop occurred in June 2024, distributing 17.5% of the total ZK token supply to early users and contributors. As of now, there are no announced upcoming airdrops.

Projects Announcements

Where to Buy zkSync?
ZK tokens can be traded on several exchanges, including Binance, Bybit, and KuCoin. Popular trading pairs include ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY.
zkSync Price
Daily Trading Volume
As of September 11, 2025, the daily trading volume for ZK tokens is approximately $35,935,764.
All-Time High
The all-time high price for ZK tokens was $0.3210. The current price is $0.05632, representing an 82.5% decrease from the all-time high.
All-Time Low
The all-time low price for ZK tokens is not specified in the available sources.
Market Cap and Valuation
Market Cap
The current market capitalization of ZK tokens is approximately $407,344,563, ranking it at #211 among cryptocurrencies.
Fully Diluted Valuation
The fully diluted valuation of ZK tokens is $1,182,657,000, reflecting the market value if all 21,000,000,000 tokens were unlocked.
zkSync Price Prediction
While specific price predictions are speculative, factors influencing ZK token's price include market sentiment, adoption rates, technological advancements, and overall cryptocurrency market trends. As of now, there are no available forecasts from reliable experts or publications.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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