Due to the rising activity on several L2, ETH burned from the blockchain's Mainnet closed-in on October 2022 lows.
. StarkNet is a permissionless decentralized Zero Knowledge rollup aimed at scaling decentralized Applications on the Ethereum blockchain.
zkSync, on the other hand, also uses ZK technology to enable faster and cheaper transactions on Ethereum. But why have these two projects, which are still in the development stage, been getting a lot of hype? Although unconfirmed, the broader crypto community feels that both projects would incentivize their early users when they officially launch. As a result, StarkNet and zkSync were recording an influx of active users on their respective Testnets.At the time of writing, Token Terminal showed that StarkNet’s active users have grown by 3524% in the last 180 days.
For zkSync, its Total Value Locked has grown incredibly. And at press time, the TVL was $142.68 million. TheShare
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