ZKsync Era’s airdrop fails to halt decline in transactions and active addresses | Headlines | News | CoinMarketCap

06/20/2024 02:35
ZKsync Era’s airdrop fails to halt decline in transactions and active addresses | Headlines | News | CoinMarketCap

A couple of weeks ago, we discussed how Linea was attempting to grow its dominance in the ZK rollup space with its Linea Surge campaign, which at the …

A couple of weeks ago, we discussed how Linea was attempting to grow its dominance in the ZK rollup space with its Linea Surge campaign, which at the time seemed to be working. 

However, the hype seemed short-lived, as Linea has fallen back below ZKsync Era in terms of transactions and active addresses after a bump at the end of May. But it has not been all rosy for ZKsync Era, either. The network has faced a decline in activity and users since March, albeit a slower drop-off than the plunge Linea recently took.

ZKSync Era confirmed its airdrop last week, with 3.6 billion tokens distributed to over 695,000 addresses that had met the criteria for interacting with ZKsync Era or its non-EVM compatible predecessor, ZKsync Lite.

When ZKsync Era launched in March 2023, it was the …

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