ZK token is the official token of **ZKsync**, a Layer 2 platform designed to enhance transaction speed and reduce costs on Ethereum. It plays a crucial role in the ecosystem, enabling users to participate in governance (proposing and voting on protocol upgrades) and pay transaction fees through native account abstraction. This feature may attract users interested in decentralized decision-making.

- As of March 10, 2025, the ZK token is priced at approximately $0.06983, with a market capitalization of $254 million. The 24-hour trading volume stands at $45.75 million, indicating decent liquidity. However, the token is currently near its all-time low of $0.06829 and has declined 78% from its all-time high of $0.3210 nine months ago, demonstrating significant price volatility.