ZKsync: The Crypto That’s Outpacing Your Therapy Bills 🚀💸

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ZKsync 🌪️, the Ethereum-based Layer 2 governance token that’s basically the overachieving younger sibling of the crypto world, has been on a bender since November 1. At the time of writing, ZK is trading at a cool $0.0611, up 9.5% in the past 24 hours. Trading volume? Up 25%. Because who needs stability when you can have drama? 💃

This token has crashed the top 100 cryptocurrencies like it’s a party it wasn’t invited to, with its market cap now strutting past $500 million. And it’s doing all this while the rest of the crypto market is sulking in the corner, nursing its wounds. ZKsync, meanwhile, is over here like, “Downturn? I barely know her!” 😎

According to Nansen, ZKsync’s transaction fees jumped 694% in the past week. Yes, you read that right. 694%. Arbitrum, the runner-up, managed a measly 194%. ZKsync’s like the kid who brings a cake to a potluck and everyone else shows up with store-bought cookies. 🍰 vs. 🍪-no contest.

Chains with the biggest fee growth in the past 7 days:

1️⃣ @ZKsync: +694%
2️⃣ @Arbitrum: +194%
3️⃣ @SeiNetwork: +186%
4️⃣ @LineaBuild: +121%
5️⃣ @Optimism: +117%

Usage is cool. But revenue is better. 💰

– Nansen 🧭 (@nansen_ai) November 5, 2025

ZKsync’s Midlife Crisis: Token Overhaul Edition

On November 4, ZKsync co-founder Alex Gluchowski decided the token needed a glow-up. Apparently, the old ZK token was fine for its “early phase,” but now it’s evolved into a network of interconnected zero-knowledge chains. Translation: It’s time to trade in the flip phone for a smartphone. 📱

Gluchowski’s proposing a token model that gets its value from onchain sources (fancy fees and whatnot) and offchain sources (licensing agreements for enterprise-grade software). Traders are eating this up like it’s free samples at Costco, convinced it’ll boost the token’s “economic utility” and long-term demand. Because who doesn’t love a good utility bill? 💡

What’s Next for ZKsync (ZK) Price? Spoiler: It’s Not Retirement

On the daily chart, ZK’s price has vaulted above the mid Bollinger Band, signaling it’s got more pep in its step than a chihuahua on espresso. The upper band, around $0.0687, is the next hurdle. Immediate support? Around $0.0396, because even crypto needs a safety net. 🪢

ZK price chart with Bollinger Bands and RSI | Source: TradingView

The RSI says buying pressure is strong but flirting with overbought levels. If it can’t hold above $0.05, we might see a pullback to $0.04. But if it breaks above $0.07? Strap in, because $0.09 is on the horizon. 🚀

Adding to the hype, a16z dropped a report calling zero-knowledge proof systems “critical” to blockchain privacy and scaling. ZK proofs are now in rollups, compliance tools, and even Google’s identity system. Basically, ZKsync’s having its “I’m kind of a big deal” moment. 🌟

ZK proofs have become critical to blockchain privacy and scaling.

– a16z crypto (@a16zcrypto) November 3, 2025

This is probably why investors are swooning over the ZK ecosystem, giving ZKsync’s price rally a little extra pep. Because nothing says “confidence” like a 694% fee spike. 💸

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2025-11-05 18:40