• Launched its mainnet on August 5, 2025, and the token price increased to $1.50
• The ZKSync token is trading at a price of $0.06049 (August 11)
• The market capitalization of the Ethereum network has increased by 49%, partly due to upgrades related to ZK that enhance privacy and scalability
Key growth drivers
• Technological breakthroughs: SP1 zkVM technology operates up to 28 times faster than competitors, enabling real-time application execution
• Regulatory support: The White House endorsed the use of ZKP proofs in privacy-compliant solutions; authorities in Europe and Singapore are exploring financial applications for it
• Institutional adoption: JP Morgan is integrating ZKP proofs for private settlements; financial institutions are using it for proof of reserves
Trading opportunities
• The PROVE token shows strong momentum with resistance at $1.65; it is recommended to buy at prices below $1.30 with a target of $1.80
• ZKSync could test the $0.075 level if enthusiasm in the sector continues; monitor volume for indicators of institutional interest
• Long-term growth potential in ZKP projects as regulatory frameworks for privacy-preserving compliance tools evolve
Market Overview
• Community enthusiasm is centered on the speed feature in SP1 and deploying its ZKP technology infrastructure
• Significant interest in the decentralized Prover network that reduces reliance on centralized entities
• Recognition is growing for the idea of "public applications of ZK technology", indicating the potential for widespread adoption by the public
