$ZK : Key Insights and Benefits
1. Airdrop Status
The ZK airdrop is nearly concluded, with over 95% of the airdrops already claimed. Most of the remaining airdrops are no longer available.
2. Market Valuation
Despite securing over $250 million in funding, ZKâs market cap is currently under $700 million, placing it at around the 100th position in market rankings.
3. Stable Supply
No new ZK tokens will enter circulation over the next year. In contrast, other Layer 2 solutions like Optimism (OP), Arbitrum (ARB), and StarkNet have high inflation rates due to continuous token releases, making ZK a more cost-effective option.
4. Utility and Fees
Unlike OP and ARB, which use ETH for gas fees, ZK utilizes its own token for transaction fees. This unique feature enhances the token's utility compared to its competitors.
5. Future Potential
The upcoming 3.0 version of ZKâs Elastic Chain architecture promises infinite scalability, allowing other projects to leverage this framework for their own chains. Additionally, the ZK Gateway Verifier may introduce new use cases and benefits for ZK tokens that have yet to be fully revealed.
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