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ZkSync beats polygon in total value locked

Ethereum (ETH) developer platform often called zkSync Ecosystem has seen vital growth over the previous few weeks, surpassing Polygon in complete worth locked. 

This growth has been significantly notable after the debut of zkSync’s layer-2 scaling protocol often called Period on March 24. When zkSync is contrasted with the blockchain platform Polygon, which has lately debuted the EVM counterpart zkEVM, it’s doable to conclude that the previous has been extra profitable by way of TVL than the latter.

The crypto market intelligence firm Messari tweeted to its 313 thousand followers concerning the excellent success of the zkSync Ecosystem “within the few weeks because the launch of zkSync’s Period.”

Messari famous that “on the finish of Q1, zkSync had almost $200M in TVL throughout its ecosystem whereas Polygon’s zkEVM had seen little adoption as compared.” He elaborated on this assertion by offering extra clarification.

Probably the most vital distinction between the 2 chains is that zkSync Period is EVM suitable, whereas Polygon zkEVM is EVM equal.

ZkSync & Polygon TVL charts | Supply: Messari Twitter

Whereas zkSync’s TVL has seen vital progress because the introduction of Period and has reached $200 million, Polygon’s TVL has remained comparatively unchanged at a tempo of about $2.2 million.

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