ZKsync has discontinued its Ignite liquidity rewards program, citing unfavorable market conditions. This decision is effective as of March 17, 2025, and includes the cancellation of the final phase reward allocations.

The project is now concentrating on developing its Elastic Network, envisioning a system of interoperable zero-knowledge chains, instead of maintaining a single-chain program.

Recent data shows ZK tokens have decreased substantially from their all-time highs, and the total value locked (TVL) has fallen to 139 million USD, reflecting significant market challenges.