ZK cryptocurrency has surged 162% in just 48 hours, climbing from $0.0286 to $0.0753, as demand for privacy-focused solutions and the popularity of ZCash drive interest. The rally is fueled by ZKSync's zero-knowledge proof technology, which offers private and efficient transactions as a Layer 2 scaling solution. Despite the rapid price increase, the daily chart indicates a bearish structure with a resistance level at $0.065. On-chain data shows strong buying pressure, with the On-Balance Volume rising sharply and the Money Flow Index entering overbought territory, suggesting potential for further gains if buying momentum persists.