ZKsync Ecosystem Shows Strong Growth with New Chains and Major Funding
ZKsync Ecosystem Shows Strong Growth with New Chains and Major Funding
🚀 ZKsync's $19M Moment
ZKsync's Elastic Network continues expanding with significant developments across multiple fronts.
Major Funding News:
- GRVT raised $19M to advance privacy-first DeFi solutions
- Focus on bringing institutional-grade privacy to mainstream users
Network Growth:
- 72M+ transactions processed across the ecosystem
- Millions of active wallets demonstrate growing adoption
- Multiple new chains launching on ZKsync infrastructure
Key Integrations:
- Tradable featured in Dune's RWA Report with ~$2.1B active across 38 onchain private credit deals
- Space and Time DB integrates Circle USDC for ZK-proven queries
- Enhanced stable payments with verifiable data capabilities
Community Initiatives:
- Abstract Chain launches as next-generation consumer crypto platform
- $100K in $CANDY rewards available through ZKcandy contest
- 60K $NODL prize pool for car and moto photo contest
The ecosystem demonstrates strong momentum across governance, funding, and technical development, positioning ZKsync as a leading Layer 2 solution for mainstream crypto adoption.
New chains, governance moves, and funding momentum. All running on ZKsync. Great overview by @l2beat
3/ @zksync & The Elastic Network @0xSANDchain joined to power a $250B creator economy, @grvt_io raised $19M, and governance proposals from ZIP-13 to the Prividium Prize signal a busy month across the Elastic Network. Read more here: l2beat.com/publications/m…
🎬 ZTX Launches Onchain Streaming Platform
**ZTX has officially launched its streaming platform** on Creator, a ZK Chain built for virtual creators and storytellers. The platform leverages **ZEPETO's 400M+ user base** and introduces onchain streaming where viewers can tip creators directly with $ZTX tokens. **Key features include:** - Instant creator payments in $ZTX (no middlemen) - 75% tip rebates for viewers - $CRTR token rewards for engagement - External or auto EVM wallet options for streamers **Season 1 runs until November 1, 2025**, offering exclusive events and community rewards. The platform aims to create a Web3-native ecosystem where creators have more freedom and direct monetization. Viewers can start streaming at [live.ztx.io](https://live.ztx.io/) and participate in the creator-first economy.
🚀 zkSync Atlas Upgrade Processes 18,600 Transactions Per Second
zkSync successfully completed its **Atlas upgrade** with impressive performance metrics during the live stream event. **Key Performance Numbers:** - ~18,600 transactions per second - ~630M gas per second - Equivalent to ~1.6B transactions per day from single sequencer The upgrade demonstrates zkSync's capability for **real-time finance** through fast block production and rapid proof generation. Read the full technical details: [zkSync Mirror Post](https://zksync.mirror.xyz/XrlYJN9SUbOtRn9nyqrfPyaAqot--PlUcnSRK_OF1Bs)
🧪 Atlas Upgrade Stress Test
The Atlas upgrade undergoes **sequencer load testing** to evaluate performance under high transaction volumes. This stress test examines how the upgraded sequencer handles increased network demand and transaction throughput. - Tests sequencer stability during peak loads - Evaluates transaction processing efficiency - Assesses network performance metrics The load test represents a critical step in validating the Atlas upgrade's readiness for production deployment.
🎮 ZKsync Elastic Network Expands
**ZKsync's Elastic Network welcomed two major new chains this week:** - **SANDchain** - Backed by The Sandbox Game's 8M+ users, aims to build a "Creator Nation" economy - **ADI Chain** - UAE-backed blockchain introducing the first dirham-backed stablecoin, regulated by Central Bank **Key ecosystem updates:** - **Sophon Account v2** launched with passwordless login - no seed phrases or extensions needed - **GRVT doubled position limits** across all trading pairs with up to 50x leverage - **Nodle Network** brought decentralized, encrypted chat to iOS & Android via XMTP - **solx compiler 0.1.2** reduced contract sizes and deployment costs, now supports Hardhat v3 The network continues expanding with new infrastructure tools and institutional backing. Red Bull Racing collectibles are available free until Oct 6 on Abstract Chain.