ZkSync (ZK) Crypto zkSync Era, a Layer-2 solution that enhances Ethereum using advanced ZK technology. It aims to scale while upholding core principles like freedom and decentralization.
zkSync price suffered a strong rejection from the highs in the last couple of sessions and dropped by over 20% turning it as the worst weak. It ranks 98th in the cryptoverse with a current market capitalization of $687.13 Million.
The daily volume inflow has dropped by 24% to $249.47 Million. Moreover, the volume to market capitalization ratio was 36.48% indicating high volatility in the crypto. The bulls still have the opportunity to recover despite losing this week.
If the bulls are able to surpass the price above the $0.20 it may indicate a trend continuation on the higher side. Conversely, falling below $0.172 could trigger profit booking.