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- zkSync Period surpassed Ethereum and different L2s in each day transactions.
- zkSync Period had the third-highest TVL amongst L2s.
In response to current stories, zkSync Period has triumphed over Ethereum [ETH] in a vital metric, solidifying its rise in recognition and dominance of Layer 2 options. Nonetheless, in comparison with the opposite Layer 2 options, how does zkSync stack up?
zkSync transaction period right here?
In a big achievement, zkSync Period has lately outpaced Ethereum to file the very best variety of each day transactions, as reported by Artemis on 17 July.
It’s official, @zksync has formally surpassed Mainnet Ethereum within the variety of each day transactions. 📈 pic.twitter.com/cM3Yt4OCKg
— Artemis (@Artemis__xyz) July 17, 2023
Ethereum recorded roughly 946,000 each day transactions as of this writing, whereas zkSync boasted a outstanding determine of over 977,000. Notably, the accompanying chart demonstrated zkSync’s spectacular surge of greater than 42% in each day transactions, whereas Ethereum skilled a decline of over 5%.
In comparison with distinguished Layer 2 options like Arbitrum [ARB] and Optimism[OP], its dominance in each day transactions grew to become much more obvious. Arbitrum registered round 695,000 each day transactions as of this writing, whereas Optimism trailed with over 493,000 each day transactions.
Evaluating energetic addresses
Whereas zkSync showcased its power in each day transactions, evaluating energetic addresses revealed a unique state of affairs, with Ethereum main the pack regardless of a slight decline.
In response to press time knowledge, Ethereum boasted over 276,000 energetic addresses, whereas zkSync Period had over 226,000 energetic addresses.
Nonetheless, Ethereum’s decline of over 23% in energetic addresses caught the eye of the chart, whereas zkSync Period skilled a powerful acquire of over 30%.
Supply: Artemis
In distinction, Arbitrum and Optimism lagged significantly behind. Arbitrum recorded over 146,000 energetic addresses, whereas Optimism trailed by over 87,000.
zkSync Period’s TVL but to measure up
In response to L2 Beats, the Whole Worth Locked (TVL) throughout all Layer 2 options exceeded $10 billion. Amongst these options, zkSync Period made a notable contribution, accounting for about 5.5% of the TVL, amounting to $554 million.
Arbitrum led the pack with a commanding share of over 60%, boasting a TVL surpassing $6 billion. Optimism adopted with a share of over 24%, securing a TVL of over $2 billion.
Along with the TVL figures, knowledge from DefiLlama highlighted spectacular development within the stablecoin market cap on the platform.
As of this writing, the stablecoin market cap stood at over $146 million. It additionally indicated a big and noteworthy growth on this specific section.
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