Zksync (ZK) Faces Network-Wide Decline, Extending Losses

ZKsync (ZK) has experienced a significant downturn in network activity over the past few months. The Layer-2  (L2)protocol has witnessed a sharp decline in user demand, reaching its lowest point year-to-date. Also, the network’s DeFi Total Value Locked (TVL) has contracted to its lowest level since April 2023. These events coincide with a downtrend in ZK’s price. ZKsync Struggles To... source: https://beincrypto.com/zksync-records-network-decline-extend-losses/