ZKsync is a Layer 2 solution aiming to enhance Ethereum's scalability by using zero-knowledge proofs to facilitate fast and secure transactions. With its focus on reducing gas fees and improving transaction throughput, it offers users a more efficient platform for decentralized applications. By prioritizing security and cost-efficiency, ZKsync is positioned to be a significant player in the Ethereum ecosystem.
more informationEther.fi Staked BTC represents an innovative approach to merging the capabilities of Ethereum and Bitcoin through staking. This unique coin allows users to leverage the security and decentralization features of Ethereum while tapping into the robust store-of-value aspect of Bitcoin. By participating in the staking process, holders can contribute to the network’s security and earn rewards, fostering a more integrated and efficient cryptocurrency ecosystem.
more informationGeneral Information |
|
---|---|
Title
ZKsync
|
Title
Ether.fi Staked BTC
|
Symbol
zk
|
Symbol
ebtc
|
Whitepaper
|
Whitepaper
-
|
Website
|
Website
|
Community
|
Community
|
Last Updated
2025-01-21 23:51
|
Last Updated
2025-01-21 23:51
|
Price Data |
|
Current Price $
0.159384
$
|
Current Price $
105440
$
|
High 24h
0.163202
$
|
High 24h
107018
$
|
Low 24h
0.147412
$
|
Low 24h
100061
$
|
Price Change 24h
0.00468936
$
|
Price Change 24h
3632.69
$
|
Price Change % 24h
3.03136
%
|
Price Change % 24h
3.5682
%
|
Market Data |
|
Market Cap
586301495
|
Market Cap
688869152
|
Total Volume
86599176
|
Total Volume
551943
|
Market Cap Change 24h
11142564
|
Market Cap Change 24h
24610640
|
Market Cap Change % 24h
1.9373
%
|
Market Cap Change % 24h
3.70498
%
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
Circulating Supply
3675000000
|
Circulating Supply
6527.3028883
|
Total Supply
21000000000
|
Total Supply
6527.35040563
|
Max Supply
21000000000
|
Max Supply
-
|
Historical Data |
|
All Time High (ATH)
0.320983
|
All Time High (ATH)
109069
|
ATH Change %
-50.33567
%
|
ATH Change %
-3.26282
%
|
ATH Date
2024-06-17 07:44
|
ATH Date
2025-01-20 07:10
|
All Time Low (ATL)
0.08305
|
All Time Low (ATL)
58795
|
ATL Change %
91.94987
%
|
ATL Change %
79.45487
%
|
ATL Date
2024-08-05 06:45
|
ATL Date
2024-10-10 18:29
|
ZKsync, often represented by its symbol 'zk', is a notable player in the ever-evolving landscape of cryptocurrencies, especially known for its innovative approach to scalability and privacy on the Ethereum blockchain. As a layer-2 protocol, ZKsync aims to deliver faster transaction times and significantly reduced fees, which is vital given the scalability challenges currently faced by Ethereum.
One of the primary advantages of ZKsync is its ability to enhance transaction efficiency. By leveraging zk-rollups, this protocol can batch multiple transactions into a single one, thereby minimizing the computational demand on the Ethereum network. This translates into quicker transaction confirmations and much lower fees for users, making it an attractive option for both developers and end-users.
Another benefit is the security and privacy features offered by ZKsync. The zero-knowledge proofs inherent in this technology ensure that while data can be validated, it remains private. This is a critical feature for users who prioritize confidentiality in their digital transactions.
Despite the promising features of ZKsync, it faces several challenges. One of the primary concerns is adoption. For ZKsync to realize its full potential, widespread adoption among developers and platforms is necessary. This requires not only education and demonstration of its benefits but also a commitment to long-term development and support.
Integration complexity is also a factor. As with many new technologies, the initial setup and integration of ZKsync can be intricate, potentially deterring those entities without the resources to handle such complexities.
ZKsync has experienced a volatile journey since its inception. The coin reached its all-time high (ATH) of $0.320983 in mid-2024, which marked a significant peak in its price trajectory. However, subsequent months saw a steep decline, with the value dropping approximately 56.87% from its ATH, indicative of the broader volatility inherent in the crypto market.
Notably, ZKsync reached its all-time low (ATL) of $0.08305 just a few weeks past its ATH. It has since recovered by approximately 66.70%, reflecting some degree of stabilization. This recovery is a testament to the resilience of the coin amidst the unpredictable crypto environment.
The future of ZKsync appears promising, provided that it continues to address the scalability and cost issues plaguing the Ethereum network. As decentralized finance (DeFi) and other blockchain applications continue to grow, ZKsync's role as a cost-effective and efficient solution could see increased utilization.
Moreover, considering the ongoing advancements and potential adoption of Ethereum 2.0, ZKsync may play a crucial supplementary role, providing even greater scalability alongside Ethereum's own upgrades.
In conclusion, while challenges remain, the potential for ZKsync to significantly impact the crypto ecosystem is tangible. As more developers and platforms recognize the value of layer-2 solutions, ZKsync may well become an integral part of the broader blockchain infrastructure.
The cryptocurrency market is ever-evolving, with new tokens and coins continuously making their way onto the scene. One such promising entrant is Ether.fi Staked BTC (eBTC). eBTC combines the unique features of Bitcoin's stability and the growing interest in staked assets. In this article, we'll explore the facets of eBTC, its historical performance, the advantages and drawbacks, and its future potential.
eBTC is a representation of staked Bitcoin within the Ether.fi ecosystem. Staking, in essence, allows holders to partake in their assets' returns while securing the underlying network. At its core, eBTC aims to blend the benefits of Bitcoin's maturity and market confidence with the profits and security facilitated by staking.
Ether.fi Staked BTC has proven to be a robust player in the crypto arena since its launch. As of October 29, 2024, eBTC reached its all-time high (ATH) of $73,065, reflecting investor confidence and growing interest within the crypto community. This ATH was hit shortly after its all-time low (ATL) of $58,795 on October 10, 2024. Such a rapid climb underscores its ability to adapt and flourish amid market dynamics.
One of the primary advantages of eBTC is its dual nature of blending Bitcoin's well-known stability and the benefits of staking. Investors can enjoy a passive income stream through staking rewards while holding a token representing Bitcoin's proven resilience. Furthermore, the Ether.fi platform provides a transparent and secure environment, contributing to the trust factor for potential investors.
Despite its advantages, eBTC is not without its challenges. Like any cryptocurrency, it is subject to market volatility, which can lead to significant price fluctuations. Additionally, being a staked asset, investors are often required to lock their assets for a certain period, potentially impacting liquidity. Finally, as with all digital assets, security concerns related to smart contracts could arise, although Ether.fi has a strong record of maintaining safety and integrity.
As of the latest update, eBTC is valued at $72,627, showing a solid uptrend with a 24-hour price change of $2,676.69, reflecting a price change percentage of 3.83%. The market capitalization stands at $259,533,367, with a 24-hour market cap change of 4.92%. This growth trajectory highlights eBTC's increasing traction among investors.
The future of eBTC appears promising, with the integrated benefits of staking and Bitcoin's market familiarity appealing to a broad spectrum of investors. As blockchain technology advances and staking becomes more mainstream, eBTC is well-positioned to capitalize on these trends. Moreover, ongoing development and community engagement through platforms like GitHub provide a foundation for robust support and innovation.
Ether.fi Staked BTC represents a forward-thinking solution for crypto enthusiasts seeking reliable returns and diversification within their portfolio. While challenges such as market volatility and security concerns persist, the combination of staking benefits and Bitcoin's reputation fosters a lucrative opportunity for future growth. As it continues to garner attention, eBTC may well become a pivotal asset in the broader cryptocurrency landscape.