Core Insights - ZKsync's ZK token reached a one-month high following its listing on Upbit, a major South Korean exchange, which added new trading pairs for ZK [1][3] - The trading volume for ZK is increasingly influenced by Korean exchanges, with one exchange handling over 16% of the total volume, indicating a trend where new listings in Korea can lead to significant price movements [2][3] - Recent upgrades to ZKsync have improved transaction throughput to approximately 15,000 transactions per second, attracting institutional users and enhancing the network's credibility [4] Tokenomics and Market Dynamics - Changes to ZK's tokenomics aim to link its value to network revenue through mechanisms like buybacks, token burns, and staking rewards, potentially creating sustained buy pressure [5][6] - The new model resembles a profit-sharing mechanism, positioning ZK as a "network equity" token rather than a speculative asset, which could lead to more stable price behavior [6] - Previous phases of the token utility overhaul have resulted in weekly gains exceeding 87%, suggesting that the revenue link could enhance the token's relevance in the long term [5][6]

🚨 ETHEREUM MOVES TO UNIFY EVERY L2 INTO ONE EXPERIENCE!The Interop Layer turns all rollups into a single chain inside your wallet. Breakdown 👇https://t.co/IJBdfnkoY7 ...

Core Insights - ZkSync, a Layer-2 altcoin, has experienced a significant recovery, with a 150% price increase in November after falling over 90% from its peak [1][2][3] Price Performance - ZkSync's price rose from $0.03 to over $0.07 in the first week of November, despite a general decline in the crypto market [3] - The 24-hour trading volume for ZkSync exceeded $700 million, a dramatic increase from an average of less than $20 million per day in the previous month, indicating heightened trader interest [4] Community Engagement - Social mentions of ZkSync have reached their highest level in a month, reflecting increased community attention and enthusiasm [4] Key Drivers of the Rally - Vitalik Buterin's endorsement of ZkSync's Atlas upgrade in early November significantly boosted the project's visibility and credibility, enhancing transaction speed and cost efficiency [6][7] - ZkSync's founder proposed transforming the ZK governance token into a utility token linked to network revenue, which investors believe will enhance its functionality and create sustainable demand [8][9]

RT Token Terminal 📊 (@tokenterminal)🚨🆙 ICYMI: Assets deposited from the @ethereum L1 to @AbstractChain L2 are at an all-time high of ~$90 million. https://t.co/bcLpjy4qmW ...

📈 Ethereum’s #LayerBrett is gaining traction as ETH eyes $5,000. Could Brett deliver 30–50x gains? 💎🚀 ...