Golden Finance reported that data showed that the current market value of ZKsync Era token ZK is about $600 million, and the fully diluted valuation is $3.4 billion as of press time, a 40% drop from the valuation when it was launched on June 17. The Block analysts pointed out that this may be due to the continued selling pressure from airdrop recipients and the overall poor market conditions. The 7-day moving average of active addresses on Zync Era hit a record high of nearly 675,000 on the day of the ZK token launch, but just three days after the token launch, the number of active addresses was reduced by half.