In response to the surging demand for non-fungible tokens (NFTs) on Layer 2 (L2) solutions, zkSync has emerged as the frontrunner, surpassing all other L2 platforms in NFT transaction volume since their respective mainnet introductions, as per data compiled by NFTScan.
zkSync initiated its mainnet launch on March 24th, positioning itself as a robust scaling solution designed for Ethereum [ETH], employing the innovative zero-knowledge rollup (ZK-rollup) technology. ZK-rollups represent a subset of L2 scaling solutions that harness cryptographic proofs to validate transactions off the Ethereum mainnet, thereby enabling significantly elevated throughput and reduced gas fees compared to Ethereum’s native network.
What sets zkSync apart is its remarkable achievement of processing over 160,000 ETH in NFT transactions within an impressive 12-month timeframe, as corroborated by data from NFTScan. This accomplishment is particularly noteworthy given that zkSync commenced its mainnet operations two years after the debuts of Optimism [OP] and Arbitrum [ARB].
In stark contrast, Arbitrum and Optimism have collectively facilitated NFT sales aggregating 32,611 ETH and 8,126 ETH since their respective mainnet launches in 2021.