Hassan Maishera
On Sunday, the API3 team announced via X that the ZK/USD Exchange Rate is now available on the API3 Market. $ZK is the native utility and governance token powering the ZKSync ecosystem. Developers can start using this new data feed across 38 blockchains today.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.643, up 15% in the last 24 hours.
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 3% and is currently trading at $0.1250.
