The broader market is getting dumped, but $ZK is up more than 10% right ahead of its unlock date.
Binance Spot is around 0.01824, up about 13.6% over 24h, with a high of 0.01864 / low of 0.01484 and roughly $12.8 million in trading volume. Over the same period, $BTC is down about 2.5% and $ETH is down about 5.2%—this isn’t following the rally; it’s climbing against the broader market.
The supply facts that can be verified: DefiLlama lists the next cliff unlock at 05:33 UTC on 10/17, totaling about 173.2 million $ZK (about 89.24 million for investors + about 83.79 million for the team), or roughly 1.6% of the circulating supply. Monthly unlocks of a similar size will continue.
On the other side of the attention equation: ZIP-18 (v31 resubmission + Priority Mode) is marked Active in governance, and the voting window is still open. The escape-hatch narrative may explain why people are watching it, but governance approval ≠ spot demand showing up.
I only have one directional view here: short. The unlock schedule is set in stone, and I don’t buy treating this countertrend pump as “good news already priced in.”
#ZKsync #解锁
Binance Spot is around 0.01824, up about 13.6% over 24h, with a high of 0.01864 / low of 0.01484 and roughly $12.8 million in trading volume. Over the same period, $BTC is down about 2.5% and $ETH is down about 5.2%—this isn’t following the rally; it’s climbing against the broader market.
The supply facts that can be verified: DefiLlama lists the next cliff unlock at 05:33 UTC on 10/17, totaling about 173.2 million $ZK (about 89.24 million for investors + about 83.79 million for the team), or roughly 1.6% of the circulating supply. Monthly unlocks of a similar size will continue.
On the other side of the attention equation: ZIP-18 (v31 resubmission + Priority Mode) is marked Active in governance, and the voting window is still open. The escape-hatch narrative may explain why people are watching it, but governance approval ≠ spot demand showing up.
I only have one directional view here: short. The unlock schedule is set in stone, and I don’t buy treating this countertrend pump as “good news already priced in.”
#ZKsync #解锁