ZKsync's governance proposal TPP-12 just went through, and the timing couldn't be more interesting. While most alts are getting hammered, $ZK managed to squeeze out a 1.89% gain.
Here's what the proposal unlocks: 37.5 million $ZK tokens allocated for staking rewards, plus the protocol's rolling out buyback and burn mechanisms. Staking infrastructure is going live soon, which could shift token dynamics significantly.
What's catching attention is the enterprise angle. Deutsche Bank and Sony are both building on ZKsync now. That's not your typical DeFi protocol adoption—this is traditional finance and entertainment giants experimenting with Layer 2 infrastructure. Real capital, real use cases.
Technically, $ZK's RSI recently climbed out of oversold territory. Fibonacci levels are being watched closely by traders trying to map potential resistance zones. The token's holding steadier than most alts in this bloodbath, which might signal some conviction from holders anticipating the staking launch.
DAO-approved tokenomics changes combined with institutional building activity—that's the setup. Whether it translates to sustained momentum depends on execution and broader market conditions, but the fundamentals just got more interesting.
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SwapWhisperer
· 11-30 03:24
Deutsche Bank and Sony are joining the fun, ZK really has something now.
The staking rewards depend on how well it's executed, otherwise it’s just empty promises.
RSI has come out of the oversold zone but that’s about it, don’t get fooled, we have to wait and see how the buyback and burn works out.
Institutions entering the market are indeed fierce; compared to those purely in Decentralized Finance, this feels a bit more real.
A 1.89% rise isn’t much, let’s wait until staking goes live.
I’m optimistic about the fundamentals, but I’m afraid it might just be a lot of noise without much substance.
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ContractExplorer
· 11-30 01:41
Deutsche Bank and Sony getting on board? This is no small matter; it really shows that big capital is starting to move.
zk has stabilized this wave, while other coins are bleeding out, it can still rise, indicating that holders still have confidence. The launch of staking will change the game rules, right?
Honestly, going through this buyback and burn combo, the token model can look much better; the key is how well it gets executed.
Institutional development + tokenomics working together, this is what we call having a strategy, unlike some coins that are just messing around.
The fundamentals are indeed getting interesting, but we still need to see if it can withstand the overall market downturn.
View OriginalReply0
SillyWhale
· 11-29 19:48
Deutsche Bank and Sony are getting involved? This is interesting, feels different.
ZK can still rise amidst the bloodbath, there must be someone optimistic about something.
Can staking really save the market, or is it just another short positions trap?
I have a feeling that big institutions have come in, there might be a story behind it.
If this wave runs away, it could be a huge loss, who knows?
View OriginalReply0
rekt_but_resilient
· 11-27 07:57
Deutsche Bank and Sony are building? This is the real deal, not those air projects.
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37.5 million coins of staking rewards are unlocked, and the buyback burn mechanism has also arrived; this rhythm is quite stable.
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Even in a bloodbath, it can rise 1.89%, which shows that some people understand the industry.
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RSI has moved out of oversold territory, and holders are clearly waiting for staking to go live; it all depends on execution.
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The entry of traditional giants is no joke; this is completely different from other alts.
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The fundamentals have indeed become interesting, but whether it can hold is still up to future performance.
View OriginalReply0
GasGuzzler
· 11-27 07:56
Deutsche Bank and Sony are both involved; this is the real narrative, not those scamcoins.
View OriginalReply0
CascadingDipBuyer
· 11-27 07:54
Deutsche Bank and Sony are both working on this, this is real institutional recognition.
Whether the momentum can hold after the stake goes live depends on execution, but the fundamentals do have some substance.
Will the release of 37.5 million tokens lead to dumping? That's a question.
The fact that it can rise amidst the bloodbath indicates that someone is lying in ambush.
The buyback Burn Mechanism makes this a bit interesting.
View OriginalReply0
NotAFinancialAdvice
· 11-27 07:51
zk this wave really has some substance, banks and Sony are getting into this, it feels different
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Can staking really save retail investors when it goes live? I have my doubts...
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Even in a bloodbath, it can still rise by 1.89%, which shows that someone is buying low
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Is Deutsche Bank really playing this, or is it just another concept hype?
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Buyback and burn + staking, tokenomics has finally come to life
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RSI coming out of oversold, could it really be time for a rebound? The key is whether it can hold up afterwards
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Sony's backing sounds quite impressive, let's wait and see
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This time it's not purely a DeFi play, institutional involvement makes a difference
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Is it really just a matter of dumping 37.5 million tokens? Having money without execution is just a fantasy
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Having faith in zk still relies on betting on execution capability, the fundamentals are strong but the market has the final say
View OriginalReply0
LightningLady
· 11-27 07:39
Deutsche Bank and Sony are really doing something, this is different now, the fundamentals have indeed changed
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Stake rewards are unlocked, buyback and destruction, this set of combination punches still has some substance
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Even in a bloodbath, it can still rise, which shows that insiders still have confidence, let's wait and see
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Institutions are really getting on board with real money, not something those scamcoins can compare to, this wave of ZK is different
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RSI has come out of Oversold, and the technicals are also cooperating, waiting to see the reaction when staking goes live
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Traditional giants building in this area shows that the story can indeed continue, the key lies in execution.
ZKsync's governance proposal TPP-12 just went through, and the timing couldn't be more interesting. While most alts are getting hammered, $ZK managed to squeeze out a 1.89% gain.
Here's what the proposal unlocks: 37.5 million $ZK tokens allocated for staking rewards, plus the protocol's rolling out buyback and burn mechanisms. Staking infrastructure is going live soon, which could shift token dynamics significantly.
What's catching attention is the enterprise angle. Deutsche Bank and Sony are both building on ZKsync now. That's not your typical DeFi protocol adoption—this is traditional finance and entertainment giants experimenting with Layer 2 infrastructure. Real capital, real use cases.
Technically, $ZK's RSI recently climbed out of oversold territory. Fibonacci levels are being watched closely by traders trying to map potential resistance zones. The token's holding steadier than most alts in this bloodbath, which might signal some conviction from holders anticipating the staking launch.
DAO-approved tokenomics changes combined with institutional building activity—that's the setup. Whether it translates to sustained momentum depends on execution and broader market conditions, but the fundamentals just got more interesting.