zkSync Era, a Layer-2 (L2) blockchain, has continued its dominant performance into 2024, processing more transactions than any other Ethereum scaling solution. The zero-knowledge rollup (zk-rollup) has clocked more than 1.5 million daily transactions in the last 24 hours, outperforming traditional powerhouses like Arbitrum and Optimism, which stood at the second and fourth spot, respectively.
A month of domination by the L2 network was revealed upon further scrutiny. Data from L2Beat showed that over 40 million cumulative transactions were settled on zkSync Era in the last 30 days, the highest by any Ethereum L2 solution. zkSync Era also provided a high average throughput of 16.11 transactions per second (TPS) in the last 24 hours. It has been the only L2 network that logged double-digit TPS consistently over the last month, reaching a peak of 62.07 TPS averaged over a single day on the 16th of December.
zkSync Era has also dominated other aspects of network activity. It hosted the most number of daily active users over the past two months. The number of unique active addresses was 399.89K on the 6th of January, more than the combined tally of the next four ranked in the list.
Despite a strong showing on network fundamentals, zkSync Era has lagged in attracting decentralized applications (dApps) and, with them, associated liquidity. The total value locked (TVL) on the rollup was just $541 million as of this writing, significantly lower than Arbitrum, OP Mainnet, and even Base.
Strong network activity almost always fuels speculations of a potential AirDrop. This is despite the fact that zkSync has made no official announcements, or even hinted at such a scenario. Airdrops have been a debatable topic within the cryptocurrency community. While some treat them as marketing gimmicks, the proponents believe they can have a strong impact on user engagement and overall project success.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | positive |
| Relevance Score | 1 |
| People | None |
| Companies | Optimism, Artemis, Arbitrum, AMBCrypto, Ethereum |
| Currencies | Optimism, Ethereum, Arbitrum |
| Securities | None |
