Inscriptions craze buoys zkSync over Ethereum mainnet in 30-day transactions
Ethereum’s network was outclassed by a layer-2 scaling solution in monthly transactions for the first time. zkSync processed more transactions than the Ethereum mainnet in the past 30 days, according to L2beat data. The network recorded 34.7 million transactions within a month, about 500,000 more than Ethereum, which handled 34.2 million in the same period. Arbitrum’s network came third after zkSync and Ethereum with 31.4 million monthly transactions as of reporting time. Top 3 chains for Ethereum transactions | Source: L2Beat zkSync’s triumph marked the first time an L2 network surpassed Ethereum’s mainnet for monthly transactions . This was likely achieved thanks to the growing inscription trends from the Bitcoin network following developments by Casey Rodarmor and Domo, a pseudonymous blockchain builder. L2beat’s dashboard showed that zkSync saw its largest single-day transaction uptick on Dec. 16, the same day inscriptions were enabled on the L2 scaling network. ...