zkSync Era TVL Crosses $700 Million Milestone

IconCrypto News Terminal21 Apr, 2024

cryptonews.jpg

zkSync Era TVL Crosses $700 Million Milestone

zkSync Era, a Layer-2 scaling solution for Ethereum, has reached a significant milestone with its total value locked (TVL) surpassing $700 million. This notable achievement, as reported by L2beat, represents an impressive 8.52% increase over the last seven days. The zkSync Era ecosystem continues to thrive, attracting both users and developers alike with its fast and cost-effective transactions. This latest milestone is a testament to the growing adoption and recognition of zkSync Era as a leading player in the Layer-2 landscape.