zkSync USD Price & Performance (ZKUSD)

The total market capitalization of stablecoins has risen to $230.328 billion, reflecting a weekly increase of $1.949 billion or 0.85%. Despite this growth, the sector saw a slight daily dip of $118.04 million. USDT continues to dominate the stablecoin market with a 62.47% share.1

ZKSync's price is attempting a rebound as buyers push above the $0.0570 support level. However, resistance at $0.1000 remains a significant hurdle for a bullish breakout. Indicators suggest weak momentum, but a move past $0.1000 could confirm a trend reversal and target higher resistance levels.2

ZKSync buyers are gaining traction, with the price climbing from $0.05760. The momentum indicator signals strengthening bullish activity, aiming to surpass the $0.09200 resistance zone. If successful, targets of $0.11580 and $0.13400 could be reached, marking a potential reversal in market sentiment.3