Hassan Maishera
The Pyth Network announced via X on Wednesday that the ZK/USD price feed is now available to users. $ZK is the governance token of the L2 ZK rollup ZKSync, a trustless protocol that uses cryptographic validity proofs to provide scalable and low-cost transactions on Ethereum.
Thanks to this latest development, the Pyth ZK/USD price feed is now available on more than 65 blockchains.
Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down by 5% in the last 24 hours and is currently trading at $0.3101 per coin.
ZKsync is a Layer-2 scaling solution that makes transactions on Ethereum cheaper and faster by utilizing zero-knowledge rollups (zk-rollups) and zero-knowledge proofs (ZKPs). ZK is down by 8% and is currently trading at $0.1532.
