Affected by the inscription trading activity, zkSync's monthly transaction volume surpasses that of the Ethereum mainnet
According to The Block, Ethereum Layer 2 scaling solution zkSync has processed more transactions in the past month than the Ethereum mainnet. According to L2Beat data, zkSync has processed 34.7 million transactions in the past 30 days, surpassing the Ethereum mainnet's 34.2 million transactions during the same period. Following closely behind is Arbitrum, which has processed 31.4 million transactions in the past 30 days. The surge in zkSync's transaction volume can be attributed to the popularity of "syncing" activities, a feature originally created on Bitcoin and later expanded to EVM networks including most Layer 2 chains. On December 16th, when sync syncing was launched on the network, zkSync experienced its largest monthly transaction surge, processing a total of 5.3 million transactions that day, with 4.6 million of them being related to syncing activities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Fed Just Changed the September Trade — Here’s What Moved Markets
SEC Proposes New Rule to Bring EU Debt Futures Under CFTC Oversight

Fitch "shows mercy" and maintains France's A+ rating, but warns that uncontrolled deficits could lead to a downgrade
Fitch Ratings recently announced that it is maintaining France's sovereign credit rating at "A+" with a "stable" outlook, even though the agency has once again warned that sustained fiscal deficits and rising public debt amidst increasing political uncertainty could still trigger a future rating downgrade.

Here’s Why XRP Price Just Crashed Sharply