ZKsync (ZK) is a cryptocurrency and operates on the zkSync Era platform. ZKsync has a current supply of 21,000,000,000 with 3,675,000,000 in circulation. The last known price of ZKsync is 0.0656758 USD and is down -1.60 over the last 24 hours. It is currently trading on 210 active market(s) with $27,536,979.84 traded over the last 24 hours. More information can be found at https://zksync.io/.
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EigenLayer has enhanced two major integrations, with Mantle Network and ZKsync adopting EigenDA for data availability and ZKsync also incorporating EigenLayer's Autonomous Verifiable Services (AVSs) for decentralized zero-knowledge (zk) proving. These partnerships expand EigenLayer's role in Ethereum's modular security landscape, reinforcing its position as the leading restaking protocol.
The ZKsync Ignite program will be discontinued after its first season, with the DeFi Steering Committee (DSC) announcing that rewards will cease on March 17, 2025. The decision is driven by a strategic shift towards focusing resources on the Elastic Network, which is seen as essential for the long-term vision of ZKsync.
TL;DR ZKsync DAO ends the Ignite program ahead of schedule, avoiding the second season of rewards for DeFi projects due to market conditions and a more conservative strategic approach. The decision aligns with the priority of developing the Elastic Network, a multichain ecosystem within ZKsync that aims to enhance interoperability and efficiency in decentralized finance.