Ethereum News Update: Will ZKsync’s Profit-Focused Token Help Stabilize $ZK’s Falling Price?

ZKsync, the

layer-2 scaling platform, has announced a to transform its $ZK token from a governance-centric asset into one directly linked to network earnings, with the goal of establishing a self-sustaining financial framework. This plan, by Matter Labs CEO Alex Gluchowski, proposes a tokenomics model where both on-chain interoperability charges and off-chain business licensing contribute value to $ZK holders. The change is intended to connect the token’s utility to actual network activity, promoting a in which increased usage generates revenue to support the token’s ecosystem.

The plan sets out two main sources of income: on-chain fees from interoperability across chains and off-chain licensing for enterprise solutions like compliance modules. These revenues would be overseen by a governance-driven system, distributing funds toward token repurchases, burning, staking incentives, and ecosystem growth. By shifting authority over aspects such as fee amounts and allocation ratios to the community,

highlights the importance of decentralized governance over decisions made solely by the core team.

The market has reacted favorably to the news. Following the announcement, $ZK jumped 15% in a single day, resulting in a

. Ethereum co-founder Vitalik Buterin further boosted sentiment by — a major technical update that brought faster finality and throughput of 15,000 transactions per second (TPS). Buterin’s endorsement, calling ZKsync’s achievements “underrated,” contributed to a 120% rally to $0.74 in early November.

ZKsync’s strategy mirrors a wider movement in blockchain infrastructure, as layer-2 networks compete to deliver scalable, enterprise-level solutions. Its Prividium product, a private L2 designed for businesses, has already drawn attention from major players such as Citi and Deutsche Bank, who are now observers. At the same time, the

has introduced shared liquidity channels, strengthening ZKsync’s role in Ethereum’s modular ecosystem.

Despite the positive momentum, there are still obstacles. The proposal does not yet specify details about fee models, buyback timelines, or emission controls, with more information expected in future updates. Moreover, $ZK has dropped 54% over the last year, underlining the importance of ongoing adoption to support its valuation.

Both critics and advocates recognize the boldness of ZKsync’s approach. “The aim is to connect usage to value,” Gluchowski explained, stressing the significance of decentralization and sustainable economics. With the

token currently trading near 5 cents and a market capitalization of $380 million, the viability of this approach will depend on the network’s ability to generate substantial revenue from both retail and institutional participants.