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.
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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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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