ZK token jumps 50% after Vitalik Buterin backs ZKsync post

ZK token jumps 50% after Vitalik Buterin backs ZKsync post

Buterin stated that the project has been doing “a lot of underrated and valuable work” in the Ethereum ecosystem.

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Vivian Nguyen
By Vivian Nguyen

Powered by Gloria

Updated 1:24 p.m. ET

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.

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ZK token jumps 50% after Vitalik Buterin backs ZKsync post

ZK token jumps 50% after Vitalik Buterin backs ZKsync post

Buterin stated that the project has been doing “a lot of underrated and valuable work” in the Ethereum ecosystem.

by Vivian Nguyen | Powered by Gloria
Follow on Google News

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.