ZKSync Ecosystem Thrives Amidst Market Downturn
ZKSync Ecosystem Thrives Amidst Market Downturn
🐂 ZKSync's Octobull Surprise
Despite the broader crypto market experiencing a bearish October, the ZKSync ecosystem is bucking the trend with significant developments:
- Continuous shipping of new projects and updates
- Strong ecosystem growth, contrasting with general market sentiment
- Multiple initiatives launched, represented by letters: R Z I X Q S T C C P G
This 'Octobull' for ZKSync highlights the resilience and progress of zkRollup technology on Ethereum Layer 2, even in challenging market conditions.
Stay tuned for more updates on ZKSync's ecosystem expansion and its impact on Ethereum scalability.
🎤 ZKsync Discusses Consumer Crypto Future
**ZKsync representative joins consumer crypto panel** On Day 2 of Korea Blockchain Week, ZKsync's @gluk64 participated in a panel discussion about the future of Consumer Crypto at GreenHaus. **Panel participants included:** - @gluk64 from ZKsync - @LucaNetz from Igloo Inc - @KwanghyunBaek from Modhaus The discussion focused on how blockchain technology can better serve everyday consumers and drive mainstream adoption. *This continues ZKsync's active participation in major industry events, following their extensive presence at DevCon Bangkok.*
🏦 Institutional Crypto Adoption Takes Center Stage at Onchain Exchange
**Major institutional crypto adoption event** brought together traditional finance leaders, enterprises, and crypto builders to discuss the future of tokenized assets. The **Onchain Exchange** was co-hosted by Chainlink and the Tokenization Alliance, focusing on: - Tokenized asset infrastructure - Market rails development - Onchain finance solutions **Key themes** included privacy, speed, and compliance requirements that institutions need for crypto adoption. The event highlighted **ZKsync's role** in building infrastructure to meet institutional demands while accelerating mass crypto adoption.
GRVT Raises $19M for Privacy-First DeFi on ZKsync
**GRVT secures $19M funding** to advance privacy-focused DeFi solutions on ZKsync's network. **Key ecosystem developments:** - Tradable.xyz manages ~$2.1B across 38 private credit deals on ZKsync Era - Space and Time DB integrates Circle's USDC for ZK-proven data queries - AbstractChain launches as next-gen consumer crypto platform **Network growth:** ZKsync has processed 72M+ transactions across millions of wallets. **Active contests:** - $100,000 in $CANDY rewards (ends Sept 26) - Car & Moto Photo Contest with 60K $NODL prizes
ZKsync Hosts Six Events at Korea Blockchain Week 2025
**ZKsync is hosting six events** during Korea Blockchain Week 2025 in Seoul, connecting with builders and the global Web3 community. **Key Events Include:** - **Sept 22**: Crypto Bazaar panel on ZK-powered DeFi future - **Sept 22**: Perp DEX Night showcasing ZK-powered L2 DEX capabilities - **Sept 23**: Green Haus event with Korean university blockchain clubs - **Sept 23**: Web3 K-POP night experience - **Sept 24**: Networking events for crypto and AI builders - **Sept 25**: **Exclusive tuna carving dinner** with Michelin-trained chefs The events span from technical panels to cultural experiences, featuring partnerships with Abstract Chain, GRVT, and XPLA. **Limited seating** available for premium events. All events require RSVP through provided Luma links.
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