ZKsync is a cutting-edge Layer-2 (L2) blockchain built on zero-knowledge rollup (ZK-Rollup) technology, designed to make Ethereum faster and cheaper.
Why ZKsync Matters?
- Ultra-Low Fees: Processes transactions for $0.10 vs. Ethereum’s $5+.
- High Speed: Handles 2,000+ TPS (vs. Ethereum’s ~15 TPS).
- Ethereum Security: Inherits Ethereum’s ZK Token ($ZK) – Key Stats
- Total Supply: 21B ZK
- Use Cases: Paying fees, staking, governance
- Price (Aug 2024): ~$0.50 (ATH: $0.75)
Adoption & Growth
- TVL: $1.2B+ (growing rapidly)
- Projects: 150+ (SyncSwap, Maverick, etc.)
- Backers: Binance Labs, a16z, Dragonfly
ZKsync vs. Competitors
| Metric | ZKsync | Arbitrum |
| Tech | ZK-Rollup | Optimistic Rollup |
| Speed | 2K TPS | 4K TPS |
| Fees | $0.10 | $0.20 |
Future Outlook
- 2024 Price Prediction: $0.40 - $1.20
- 2025 Potential: $3+ (if adoption grows)
Verdict: ZKsync is a top-tier L2 solution with strong fundamentals. A good long-term bet for Ethereum scalability.
