banner

Anticipated Ethereum Layer 2 Airdrop Coming Soon: zkSync Token Generation Event

The eagerly awaited airdrop for the Ethereum Layer 2 network is anticipated to occur in mid-June.

zkSync, a Layer 2 network on Ethereum utilizing zero-knowledge technology, is gearing up for its Token Generation Event (TGE) this week, as reported by The Block.

Although the ticker symbol is yet to be revealed, reports suggest that the token will have a maximum supply of 21 billion, with an airdrop planned for early adopters within 30 days of the TGE.

zkSync Era ranks among the top 10 Layer 2 networks, boasting a total value locked (TVL) of $927 million.

Speculation among DeFi traders about a potential airdrop has been ongoing since Era’s launch in March 2023. Last week, the project officially confirmed the forthcoming token, reaffirming its commitment to decentralization.

According to a Dune dashboard, over three million wallets have generated 8.1 million transactions on the network thus far. However, activity peaked shortly after Era’s launch and has gradually decreased since then.

banner

Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

Follow Us

Top Selling Multipurpose WP Theme

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

banner

Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Skip to content