What zkSync Era’s latest milestone means
August 29, 2023
By Adewale Olarinde
In the past 3 days, zkSync Era has achieved its highest and second-highest volume.
The TVL and stablecoin market cap has, however, declined.
The zkSync Era has recently achieved a historic milestone in its transactional capabilities. How has this achievement affected other important metrics of the L2 solution?
zkSync Era sets new transactions record
A recent update from Ethereum Daily reported that zkSync Era has achieved a significant milestone, surpassing 100 million transactions. Analyzing the volume metric on DefiLlama showed that the volume had been upward since the start of August. Before August, the volume ranged between $35 million and $40 million.
However, the average daily volume in August surpassed $40 million, indicating a consistent upward trend, according to Defillama. Notably, on August 26, the volume spiked to over $105 million, marking the platform’s highest recorded volume.
Similarly, on August 27, the volume remained impressive, exceeding $96 million and securing the second-highest volume ever observed by zkSync Era.
Additionally, data from L2 Beats revealed that zkSync Era held the top position among other Layer 2 solutions regarding mainnet transactions.
As of this writing, it boasted the highest transaction count within the last 30 days, surpassing 28 million transactions. The closest competitor trailed behind with over 18 million transactions.
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