ZK (ZKsync) increased by 7.23% in the past 24 hours

Gate News Bot Report, February 12 — According to CoinMarketCap data, ZK (ZKsync) is currently priced at $0.02, up 7.23% over the past 24 hours. The highest price reached $0.02, and the lowest dipped to $0.02. 24-hour trading volume is $37.6 million. The current market cap is approximately $198 million, an increase of $13.3 million from yesterday.

ZKsync is a blockchain network protected by cryptography rather than validators. Its cutting-edge ZK innovations support privacy, performance, and connectivity needed for enterprises to thrive in the digital asset economy.

ZKsync offers several core products and solutions: ZK Stack is an open-source framework for building customizable enterprise-grade ZK blockchains that can scale globally, interoperate natively, and inherit Ethereum’s security; Prividium™ is the only Ethereum-secure blockchain platform designed for institutions requiring privacy, compliance, and full data control; ZKsync Connect is the first interoperability protocol built for institutions, enabling real-time connections across ZK-protected cross-chain and private chains.

Supported by Airbender (the world’s fastest RISC-V prover), ZKsync provides sub-second block proofs and Ethereum-level settlement times, supporting EVM native development, modern onboarding primitives, and production-grade stacks. The platform features complete open-source code, third-party audits, and a bug bounty program exceeding $1 million.

ZKsync has gained recognition from multiple financial institutions including UBS and Deutsche Bank, and is widely applied in asset tokenization, cross-border payment settlement, and institutional capital markets development.

Recent Major ZK News:

1️⃣ Expansion of ZK-Rollup Technology Ecosystem
Ethereum developers are actively deploying ZK-related technologies, and ZK-based Bitcoin Layer 2 solutions have launched mainnet operations. This indicates that ZK technology frameworks are gradually becoming central to multi-chain scaling solutions, continuously expanding the application scope and market recognition of the ZK ecosystem, creating a favorable environment for ZKsync as a leading participant in the field.

2️⃣ Enhancement of Ecosystem Governance Framework
ZKsync’s launch of the decentralized governance framework (ZK Nation) marks an upgrade in project governance. Such structural reforms typically boost community participation and ecosystem cohesion, aiding long-term healthy development and active engagement of ecosystem participants.

3️⃣ Integration of Privacy Tech with Mainstream Applications
Zero-knowledge proof technology has been integrated into mainstream platforms like Google Wallet, demonstrating ZK tech’s expansion from the crypto industry into broader application scenarios. This mainstream adoption indicates that the practical value of zero-knowledge proofs is recognized outside crypto, helping to increase market demand and development potential for ZK solutions.

This news is not investment advice. Please be aware of market volatility risks.