ZKsync Elastic Chain Launched to Support Expanding Layer 2 Ecosystem
ZKsync has launched Elastic Chain, a network of ZK rollups designed for security and interoperability.
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ZKsync has launched Elastic Chain, a network of ZK rollups designed for security and interoperability.
Binance announces the launch of new trading pairs and Trading Bots services to enhance user experience on Binance Spot, effective July 3, 2024.
In a bid to enhance its trading offerings and user experience, Binance, one of the world's top crypto exchanges, announced the addition of new trading pairs. The exchange will launch new spot trading pairs for Dogwifhat (WIF), zKSync (ZK), and LayerZero (ZRO).
Ethereum is the best blockchain in the crypto industry, which is like the base of the crypto industry, supporting Smart Contracts, NFTs, dApps, and whatnot. With the burden of the entire crypto ecosystem on the single Layer 1 blockchain, the Layer2 solutions became much needed, which could offer faster, cheaper, and better transactions but with
ZKsync Price Analysis: ZK, a Layer-2 protocol that scales Ethereum, has seen a notable increase in price over the past day. ZK price is recovering and showing signs of upward momentum after recent fluctuations.
Crypto wallet Zerion has rolled out a test network for its upcoming Layer 2 rollup, ZERO Network.
In a recent announcement, Robinhood Crypto EU has shared its plan to support zkSync (ZK) trading, stirring excitement among investors. The commission-free trading platform has also introduced a promotional offer to attract new users, featuring a €10 ZK airdrop for new customers who sign up and complete their account approval by the end of June.
Layer 2 developer ZKsync has unveiled a significant upgrade to its ecosystem, transitioning to an "elastic chain" architecture with its recent v24 update.
ZK's fully diluted value was $3.5B, which is around 40% lower than its valuation at launch. On the day of the ZK token launch, there were more than 1.8 million transactions recorded.
Notcoin token airdrop, with 11.5 million NOTs claimed and a total value of $2.5 billion, exceeds the combined scale of zkSync and LayerZero.
Launched the new ZKsync Era, an ecosystem based on infinite chains interoperable with each other.
At the time of writing, the price action of ZK, the native token of ZKsync, showed signs of stagnancy, up $0.05% in 24 hours.
Notcoin has established itself as a significant player in the Web3 space, surpassing the performance of LayerZero and ZKsync.
ZKsync has introduced a new "elastic chain" architecture as part of its ZKsync 3.0 roadmap — improving interoperability and user experience.
This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.
The price of the ZK has plummeted over 13% in a week due to heavy sell-offs following the ZkSync token launch.
The 7-day moving average for transactions on ZKsync Era hit a three-month high on the day of the ZK token launch. Unfortunately for the network, this uptick in activity proved to be short-lived.
Top crypto-tokens continue to trade under a bearish influence with the market leader, Bitcoin price recording a low of $62,128.03 with a drop of 3.13% in valuation. This highlights an increased selling-over-buying pressure in the cryptocurrency market. Moreover, top altcoins have experienced a similar trend by recording significant corrections in their respective portfolios.
K1z4, an X user, recently revealed that they had farmed the Zksync airdrop, receiving over 6.6 million ZK tokens, valued at over $1.1 million.
Aave received a large sum of ZKsync tokens from the protocol's recent airdrop despite the fact it has yet to deploy on the network.
zkSync token airdrop aimed to build a resilient community with previous airdrop participation as a key qualifier, according to the founder.
The two most anticipated crypto airdrops of the year, namely those of layer-2 ZKsync and LayerZero, have finally come to an end.
ZK token's price dropped by more than 38% after launch, but a few market indicators hinted at a price hike.
The cutting-edge Ethereum scaling solution with a massive community, ZkSync (ZK), has completed its highly anticipated airdrop. The project began in 2020 and has finally launched on the DeFi crypto list, with top exchanges like Bitget and Binance listing its native token, ZK, for trading and staking.