CryptoZK token jumps 50% after Vitalik Buterin backs ZKsync...

ZK token jumps 50% after Vitalik Buterin backs ZKsync post

-


Key Takeaways

  • ZKSync’s ZK token rallied over 50% after Vitalik Buterin supported a message underscoring Ethereum’s incorruptibility.
  • ZKsync recently launched the Atlas upgrade to boost speed, interoperability, and institutional-grade scalability for payments and tokenized assets.

Share this article

ZKsync’s ZK token surged over 50% on Saturday, climbing from nearly $0.03 to $0.045 after Ethereum co-founder Vitalik Buterin endorsed a ZKsync post describing Ethereum as “incorruptible.”

ZKsync recently introduced the Atlas upgrade to its ZK Stack, designed to enhance infrastructure for enterprises and institutions with the addition of a new high-performance sequencer supporting up to 30,000 transactions per second and full Ethereum compatibility.

The upgrade includes Airbender, a system for quick confirmations and fast cross-chain settlement.

Developed by Matter Labs, Atlas aims to facilitate systems combining private control with interoperability, making it suitable for handling payments, tokenized assets, and cross-border settlements.

In a separate tweet posted earlier, following the Atlas upgrade, Buterin praised ZKsync for its “underrated and valuable” contributions to the Ethereum ecosystem.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Scoop: Bitfinex, Tether shareholder Harborne is Nigel Farage’s top donor

Christopher Harborne, who has shares in Tether, was also outed as the biggest donor to the Brexit Party...

Google teams up with Accel to hunt for India’s next AI breakouts

Google has partnered with Accel to find and fund India’s earliest-stage AI startups in a first-of-its-kind collaboration for...

Robert Kiyosaki: Biggest Crash in History Has Arrived—Time to Buy More Bitcoin

Kiyosaki drives his crash warning harder, portraying markets in steep deterioration as he urges renewed bitcoin buying after...

Advertisement

Justin Sun defends HTX while it lends 92% of its USDT on Aave

Justin Sun has taken to X to defend HTX’s reserves, however, a close review reveals HTX is lending...

Shopping Online This Holiday Season? 5 Ways to Stay Cyber Safe

Learn five easy ways to avoid scams and stay cyber safe while holiday shopping, with expert tips to...

Must read

Scoop: Bitfinex, Tether shareholder Harborne is Nigel Farage’s top donor

Christopher Harborne, who has shares in Tether, was...

Google teams up with Accel to hunt for India’s next AI breakouts

Google has partnered with Accel to find and...

You might also likeRELATED
Recommended to you