Distinct Wallets in zkSync

    in zkSync

    Task

    • How many distinct wallets have deposited ETH into ZkSync in the last 60 days?
    • How much ETH was deposited by day? Visualize both.

    Intro

    Method

    Analysis

    • To calculate the amount of distinct wallets and the volume being sent to zkSync Flipside's ethereum.core.ez_eth_transfers table was used.

    ZkSync is a scaling solution for Ethereum that is live on mainnet. Some of the main features of ZkSync are the extremely low transaction fees and trustless protocol design.

    • Over the past 60 days, a total of 69,040 wallets have sent their ETH towards zkSync.
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    • This lovely, little clumped chart shows us the next few points:
      • For the three spikes in ETH volume, only one correlated with an increase in transactions activity.
      • The days before Terra collapsed activity towards zkSync was on the rise.
      • Post collapse the activity diminished but the volume spiked up. May, 12th for example, with 97 transactions towards zkSync a total of 1,120 ETHs were sent.

    In somehow shorter?

    • ETH volume towards zkSync has remained consistent considering the global crypto market downward trend.

    • The chain seems healthy considering that neither activity volume or ETH deposited volume has decreased amidst a market crashing.

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