The Ethereum (ETH) developer platform known as zkSync Ecosystem has seen a significant expansion over the past few weeks, surpassing Polygon in total value locked.
This expansion was particularly notable after the debut of zkSync’s layer 2 scaling protocol known as Era on March 24. When zkSync contrasts it with the Polygon blockchain platform, which recently debuted EVM counterpart zkEVM, it is possible to conclude that the former was more successful in terms of TVL than the latter.
Cryptomarket intelligence firm Messari tweeted to his 313k followers about the zkSync Ecosystem’s wild success “in the few weeks since the launch of the zkSync era.”
Messari noted that “at the end of the first quarter, zkSync had approximately $200 million in TVL across its ecosystem while Polygon zkEVM saw very little adoption in comparison.” This statement is explained by providing further clarification.
The most important distinction between the two series is that zkSync Era is EVM compatible, while Polygon zkEVM is an EVM equivalent.
While zkSync’s TVL has grown significantly since the introduction of the Era and reached $200 million, Polygon’s TVL has remained relatively unchanged at roughly $2.2 million.