ZKsync (ZK) is the top performer in the market today. The ZK price jumped around 21% and trades near $0.06431, with trading volume up more than 20%.
This move comes during a period when the general market is down over 1.3%, which is why traders are paying close attention to what’s changing inside the zkSync ecosystem.
The story here isn’t just about a quick breakout. It’s tied to a major shift in how the ZK token could work, and that shift is starting to change the way the market values it.
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For a long time, critics pointed out that ZK was mainly a governance coin without direct economic value. That may be about to change.
ZKsync co-founder Alex Gluchowski proposed a new structure where ZK gains real token utility. Instead of only voting on decisions, the token would link directly to network revenue.
The plan includes using fees from ZKsync interoperability tools and enterprise privacy solutions to reward stakers and buy back tokens.
That means less supply in the market and more reasons for users to hold the token. This idea is now fueling speculation that ZK could shift into a different category – one that earns value from activity on the network.
Governance voting and fee-setting details are still ahead, but traders are already reacting to the possibility of more sustainable demand.
— ALEX | ZKsync ∎ (@gluk64) November 4, 2025
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In addition, Ethereum co-founder Vitalik Buterin highlighted ZKsync progress this week, saying the project’s tech stack remains an undervalued part of the ecosystem.
He specifically mentioned the Atlas upgrade, which improves throughput toward 15,000 transactions per second while improving liquidity movement between Layer 1 and Layer 2.
Support from someone with deep influence in Ethereum development often has market impact. Traders saw his comment as validation that zkSync is building something meaningful rather than chasing short-term narratives.
With Ethereum still dominating Layer 2 activity, this kind of acknowledgment can boost attention toward teams building real solutions.
ZKsync Chart Suggests a Strong Shift in Market Structure
Crypto Winkle shared a chart showing that the ZK price has broken above a major resistance area that capped price action for months.
The new structure appears more bullish now that buyers stepped in aggressively near the lows. The rebound from that bottom is what powered nearly a 90% increase within a week.
Volume also increased during the breakout, which supports the idea that this isn’t just a random spike. Traders are paying attention to the updated fundamentals instead of ignoring the token like many did before.
Crypto Winkle explained that the market is now starting to treat ZK as infrastructure rather than something with an uncertain purpose. That mindset shift is often when long-term trends begin to form.
Moreover, there’s a clear difference in how people are talking about ZK this week and maybe till the end of the year. The ZKsync price move reflects more than excitement – it’s coming from a project changing its economic foundation.
If the utility overhaul goes live and revenue flows through the token, the market may reprice ZK based on real activity rather than speculation.
The proposal still needs to move through governance, and none of these upgrades are instant. But early signs show that traders see a new direction forming. As long as the network keeps growing and the new model takes shape, ZK may not remain undervalued for long.
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