{"id":88828,"date":"2023-12-28T19:20:29","date_gmt":"2023-12-28T17:20:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88828"},"modified":"2025-09-13T20:24:33","modified_gmt":"2025-09-13T17:24:33","slug":"zksync-overtakes-ethereum-in-monthly-transaction-volume-thanks-to-ordinals-analogue","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/zksync-overtakes-ethereum-in-monthly-transaction-volume-thanks-to-ordinals-analogue\/","title":{"rendered":"zkSync overtakes Ethereum in monthly transaction volume, thanks to Ordinals analogue"},"content":{"rendered":"<p>Monthly transaction volume in zkSync Era surpassed Ethereum&#8217;s figure, driven by rising popularity of the <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-ordinals-and-brc-20-tokens\">Ordinals<\/a> analogue.<\/p>\n<p>The number of transactions in the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">L2<\/a>-network over the last 30 days stood at 34.67 million. The corresponding figure for the second-largest cryptocurrency by market cap was 34.16 million. The <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-arbitrum\">Arbitrum<\/a> figure was 31.43 million.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"593\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/L2Beat-8-1024x593.png\" alt=\"L2Beat-8\" class=\"wp-image-223143\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/L2Beat-8-1024x-593.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/L2Beat-8-300x174.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/L2Beat-8-768x445.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/L2Beat-8.png 1132w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/l2beat.com\/scaling\/activity?sort-by=30d-count&#038;sort-order=desc\">L2BEAT<\/a>.<\/figcaption><\/figure>\n<p>Analysts at <a href=\"https:\/\/www.theblock.co\/post\/269517\/zksync-outpaces-ethereum-in-monthly-transaction-volume-propelled-by-inscription-activity\">The Block<\/a> link the surge in on-chain activity in zkSync to the launch of &#8216;inscriptions&#8217;. A record transaction volume was recorded on December 16, when an <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-ordinals-and-brc-20-tokens\">Ordinals<\/a> analogue appeared in the L2 network.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/tx-zksync.webp\" alt=\"tx-zksync\" class=\"wp-image-223144\"\/><figcaption class=\"wp-element-caption\">Rate of transactions per second in the zkSync network. Data: <a href=\"https:\/\/l2beat.com\/scaling\/projects\/zksync-era?selectedChart=activity\">L2 Beat<\/a>.<\/figcaption><\/figure>\n<p>According to Hildobby&#8217;s Dragonfly dashboard on Dune, that day inscriptions accounted for 4.6 million of zkSync&#8217;s 5.3 million transactions. <\/p>\n<p>There are <a href=\"https:\/\/u1f987.com\/en\/news\/an-ordinals-like-protocol-emerges-on-ethereum\">Ethereum<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/avalanche-burns-a-record-18-million-worth-of-avax-in-a-week\">Avalanche<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/fantom-transaction-volume-hits-record-high-amid-launch-of-ordinals-analogue\">Fantom<\/a> and other blockchains.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/percentage.webp\" alt=\"percentage\" class=\"wp-image-223145\"\/><figcaption class=\"wp-element-caption\">The share of transactions related to &#8216;inscriptions&#8217; on Avalanche&#8217;s C-Chain exceeds 85%. Data: Hildobby&#8217;s Dragonfly dashboard on Dune.<\/figcaption><\/figure>\n<p>In late December, the zkSync Era <a href=\"https:\/\/u1f987.com\/en\/news\/zksync-era-protocol-halts-block-production\">paused<\/a> block production. <a href=\"https:\/\/u1f987.com\/en\/news\/zksync-era-team-explains-cause-of-network-outage\">The cause was an error<\/a> in computing the network state update.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monthly transaction volume in zkSync Era surpassed Ethereum&#8217;s figure due to rising popularity of the Ordinals analogue.<\/p>\n","protected":false},"author":1,"featured_media":88829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1227,1176,1518],"class_list":["post-88828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-ordinals","tag-zksync"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=88828"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88828\/revisions"}],"predecessor-version":[{"id":88830,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88828\/revisions\/88830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/88829"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=88828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=88828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=88828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}