©Reuters
LONDON – zkSync, a Layer 2 scaling solution for Ethereum, recorded a transaction volume that eclipsed both the Ethereum mainnet and Arbitrum, another Layer 2 platform. This surge in activity is mainly due to the adoption of registration technologies which have recently gained popularity among users.
The peak of transactions on zkSync was observed on December 16, when the platform saw a significant increase in usage. This increase in transactions led to a monthly volume of 34.7 million, surpassing Ethereum’s mainnet, which recorded 34.2 million transactions, and Arbitrum’s, which recorded 31.4 million in the same period of time.
Listings, which are the catalyst for this rise, are a form of on-chain metadata that users can attach to tokens, adding unique information or attributes. This technology has attracted a large number of users, which has contributed to the increase in the number of transactions on zkSync. This step reflects the growing interest in Layer 2 solutions that offer faster and more cost-effective transactions than the Ethereum mainnet.
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