07:57
ZK (ZKsync) up 8.43% in the last 24 hours
Gate News Bot message, November 10th, according to CoinMarketCap data, at the time of publication, ZK (ZKsync) is priced at $0.06, up 8.43% in the past 24 hours, reaching a high of $0.08 and a low of $0.05. The 24-hour trading volume is $253 million. The current market capitalization is approximately $545 million, an increase of about $42.3 million compared to yesterday.
Recent important news about ZK:
1️⃣ **Major Update Proposal for ZK Token Economic Model**
ZKsync founder Alex has proposed a significant update to the ZK token economic model. The core mechanism is to use all network-generated revenue for buybacks and token burns. This move means that ZK tokens will not only serve governance purposes in the future but will also have actual value capture functionality, potentially significantly boosting the value of ZK tokens.
ZK0.55%

