zkSync Rockets into the Top Five Gainers on CoinMarketCap in the Last 24 Hours

This weekend, zkSync piqued the interest of investors, rocketing into the top five gainers on CoinMarketCap in the last 24 hours.

zkSync piqued the interest of investors this weekend, propelling it into the top five gainers on CoinMarketCap over the last 24 hours.

At the time of writing, the price of zkSync's token, ZK, had risen by 8.67% over the last 24 hours, reaching $0.1951. This impressive surge includes a 23.82% increase in the last seven days, with a daily trading volume of $171.98 million.

The zkSync team reported that they had done an abuse report for their domain due to which their domain got permanently suspended. They also highlighted that this is not acceptable as they have been building on this chain since its inception.

zkSync strikes again!

zkSync has done abuse report for our domain due to which our domain is permanently suspended. This is not acceptable.

We have been building on this chain since its inception and this is how zkSync team members treats OG protocols. pic.twitter.com/w0VuTQNSd9

— zkSync id | .zksync and .era (@getzksyncid) July 19, 2024

From a technical standpoint, the price of ZK is poised to break out and explode over its resistance levels, according to the chart shared by cryptocurrency expert FastBird.

He also stated that zkSync investors and the team are set for the next year, with the goal of holding onto the token either just before it unlocks or until it achieves a 10x return.

FastBird also projected that the price of ZK could飆漲 to $2 by the end of the year, suggesting that the upcoming trading of Ethereum ETFs in two days could boost Ethereum-related assets, including ZK, which serves as an Ethereum layer 2 scaling solution.

Previously, we highlighted how zkSync's Elastic Chain enables boundless scalability and seamless interoperability within blockchain technology.

This development has also contributed to the positive sentiment surrounding ZK. We have also covered how Buenos Aires plans to revolutionize citizen identification with a blockchain-based system. The city aims to utilize zkSync via QuarkID to enhance security and privacy.

The above is the detailed content of zkSync Rockets into the Top Five Gainers on CoinMarketCap in the Last 24 Hours. For more information, please follow other related articles on the PHP Chinese website!