A TVL of $193M+ reflects a significant amount of value locked within the ZkSync ecosystem, indicating a considerable level of engagement and investment.
ZkSync's on-chain activity can be evaluated by assessing the number and frequency of transactions being processed. A higher transaction volume signifies a bustling network with numerous users actively utilizing ZkSync's services and applications. This level of activity creates a vibrant ecosystem and contributes to a positive network effect.
Moreover, the TVL provides insight into the popularity of ZkSync's layer-2 scaling solution, which aims to address scalability challenges faced by many blockchain networks. The substantial TVL indicates that users and projects find value in ZkSync's technology and trust its ability to provide secure and efficient transactions. Show Less
