ZK token jumps 50% after Vitalik Buterin backs ZKsync post
Summary
The ZK token experienced a significant rally, climbing over 50% from nearly $0.03 to $0.045 on Saturday, following endorsement from Ethereum co-founder Vitalik Buterin. Buterin supported a ZKsync post that described Ethereum as "incorruptible," later praising the project for doing "a lot of underrated and valuable work" in the ecosystem. This price movement coincided with ZKsync's recent launch of the Atlas upgrade to its ZK Stack. The Atlas upgrade is designed to boost speed, interoperability, and scalability for institutional use cases like payments and tokenized assets, introducing features like a high-performance sequencer supporting up to 30,000 transactions per second and the Airbender system for fast cross-chain settlement.
(Source:Crypto Briefing)