ZKSync founder Alex Gluchowski has shared a proposal to change the orientation of the ZK token

On November 4, 2025, Zksync founder Alex Gluchowski, who goes by @gluk64 on X, shared a lengthy post in which he proposed a major tokenomics redesign aimed at helping $ZK become more than just another governance ￰0￱ proposal to pivot ZK from a utility-driven asset to one that captures real network value is also being pitched as a way to create sustainable decentralization by funding security, development, and growth through revenue ￰1￱ wants to capture more value in token The proposal shared by ZKsync founder Alex, titled “ZK Token Proposal Part I,” proposes a major update to the ZK token economic model that will see all revenue generated by the network used to buy back and burn ZK tokens, creating ￰2￱ emphasized that the move aims to directly link the value of ZK tokens to network usage, pushing ZKsync to become a self-reinforcing and sustainable economic ￰3￱ wrote that, in the future, ZK tokens will no longer be restricted to just governance purposes but will attempt to capture real-world ￰4￱ from token buybacks, the revenue generated will also be used to offer staking rewards and the development of the ￰5￱ the time of this writing, the token is trading at $0.05201 with a trading volume that has surpassed $300M in the past 24 ￰6￱ have started to price in the upside potential ahead of the pilot’s approval, although the token has a long way to go to recover from its post-airdrop price plunge (90% from highs).

The proposal also comes as there is currently growing demand for privacy-focused solutions, with tokens like Monero and Zcash rallying on investor interest and trading volume ￰7￱ recent rally of the ZK token that began this month highlights the market’s increasing awareness of zk-based technologies and their potential to drive scalability and confidentiality on-chain. Alex’s Atlas update post got Vitalik Buterin’s nod In Gluchowski’s “Ethereum is now the main capital hub of ZKsync” article , he talked about the ZKsync Atlas upgrade and how it will bring over 15,000 TPS, a 1-second zero-knowledge proof final confirmation time, and near-zero transaction ￰8￱ Atlas , Alex pointed out that every L2 ecosystem was forced to build a central liquidity hub (like ZKsync Era, Base, or Arbitrum One) because it was the only way to ￰9￱ hubs and app-chains will still be built, but Alex claims they will become value-added and specialized rather than mandatory general-purpose liquidity engines, thereby enhancing Ethereum’s liquidity instead of having to recreate ￰10￱ co-founder Vitalik Buterin retweeted the article while praising ZKsync for doing a lot of what he tagged “underrated but valuable work” in the Ethereum ecosystem, and expressing anticipation for its upcoming new ￰11￱ up to $30,050 in trading rewards when you join Bybit today