ZKsync surged more than 30 percent in a single day, with trading volume up over 600 percent. Over the past week, ZK has gained about 40 percent, significantly outperforming major cryptocurrencies and the wider market. The immediate catalyst behind the surge is its Upbit listing. Trading for ZK opened on January 6 at 18:30 KST, with pairs available against the Korean won (KRW), Bitcoin, and USDT.
Beyond the listing, ZKsync has benefited from renewed attention on Ethereum’s scaling strategy, particularly following recent comments from Ethereum co-founder Vitalik Buterin. In recent technical discussions, Buterin highlighted advancements in zero-knowledge technology, including ZK-EVM improvements and data availability upgrades such as PeerDAS. These developments aim to reduce transaction costs, accelerate proof generation, and make Ethereum more scalable without compromising decentralization. Built around zero-knowledge proofs, the network aims to provide Ethereum-level security while significantly improving transaction speed and cost efficiency.
From a technical analysis perspective, ZKsync’s price action also supports the bullish narrative. Before the rally, ZK had been consolidating below a key resistance zone near $0.033. Once the price broke above this level with strong volume, it triggered momentum-based buying from short-term traders and algorithmic strategies. The breakout invalidated previous bearish structures and confirmed a shift in trend direction.
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