2023-12-29
zkSync is a layer 2 Ethereum scaling solution. zkSync uses ZK-rollup
technology to increase Ethereum’s throughput and reduce transaction fees.
The main blockchain of zkSync is called zkSync Era. zkSync Era supports
smart contracts and dApps.
zkSync Era ecosystem is growing
1. zkSync Era has TVL of $162 million.
2. zkSwap decentralized exchange has $44 million TVL.
3. ReactorFusion and ZeroLend are zkSync Era’s lending platforms.
4. zkSync Era had more transactions than Ethereum during the last 30
days.
zkSync Era recorded 35.33 million transactions. While, Ethereum had 34.20 million transactions.
zkSync Era token
zkSync Era currently has no native token. But users and investors
can anticipate the launch of zkSync Era token.
Some of zkSync Era’s competitors are Arbitrum, Optimism, Polygon CDK
and Immutable.
Price prediction of zkSync token is zkSync Era token can have fully
diluted market cap between $1 billion and $2 billion.
