What is ZK Sync?

ZK Sync is a Layer 2 scaling solution that offers cheaper and faster transactions than the main Ethereum blockchain (Layer 1). Layer 2 solutions move most activity away from Layer 1, while still inheriting its security and finality.

Benefits

zkSync significantly reduces gas costs without sacrificing security or user control. zkSync gives you:

1. Low gas: up to 1/100 of L1 gas & cheaper than using optimistic rollups
2. High speeds: 2000+ transactions per second (tps) compared to 14tps on L1
3. Security: secured by the main Ethereum blockchain
4. Frictionless transfers: effortlessly move your crypto between L1 and Layer 2 without delays
5. Censorship resistance: you can move your assets back to L1 at any time

Methodology

1. Identify ZK Sync contract address (0xabea9132b05a70803a4e85094fd0e1800777fbef).
2. Filter ethereum.core.ez_eth_transfers table with the contract address below to get:
   • How many distinct wallets have deposited ETH into ZkSync in the last 60 days.
   • How much ETH was deposited by day.

Results

• This chart represents the daily and cumulative distinct wallets depositing on ZK Sync in the last 60 days.
• The chart has one clearly postive trend until May 17th. In average they were having more distinct wallets depositing in ZK Sync than the previous day.
• However, during May 12th and 13th they registered the lowest distinct wallets depositing value.
• From May 17th until today the trend sems to be estabilised. Not reaching higher highs neither lower lows.
• The day with less wallets depositing on ZK Sync was May 12th with 92 wallets.
• The day with more wallets depositing on ZK Sync was May 17th with 2804 wallets.

• This chart represents the daily and cumulative distinctamount of ETH deposited on ZK Sync in the last 60 days.
• The chart have 4 huge peaks of deposited ETH on April 19th, May 10th, May 12th and May 29th. Looking back into the number of distinct wallets it is curious that both peaks on May 10th and 12th happened when ZK Sync was having their lowest number of distinct wallets values. Therefore, the wallets depositing were adding much more ETH than the average.
• Except for this 4 days the chart has a stabilised trend
• The day with less ETH deposited was April 24th with 132 ETH.
• The day with more ETH deposited was May 10th with 2,290 ETH.

• This chart represents the daily and cumulative distinctamount of USD deposited on ZK Sync in the last 60 days in order to have a dollar view of the money deposited.
• Logically, the chart has the same peaks and trends than the previous commented chart.
• Zk Sync have had $70,8 M in 60 days. Worth mentioning that we are under a bear market conditions.
• Except for this 4 days the chart has a stabilised trend
• The day with less USD deposited was April 24th with $ 388 k.
• The day with more USD deposited was May 10th with $5,4 M.
• 16 days happened between max and min amount deposited and more than $5 M of difference.