The state of Starknet as it slowly surpasses major roll-ups

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The state of Starknet as it slowly surpasses major roll-ups
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Starknet registered promising growth in key metrics such as daily active addresses and daily transactions.

The sudden uptrend in the metric directly suggested that Starknet’s adoption and popularity was on the rise. A look at the current state of the metric revealed that all three networks had similar active addresses. During the time Starknet’s active addresses surpassed those of OP and zkSync Era, its daily transactions also skyrocketed.

Daily transactions on Starknet rose as high as 560,000 in a single day. Once again surpassing ZkSync and closing in on Optimism, reflecting its high usage. Amidst all this,Source: Artemis Mentioning Staknet’s achievements, while many other L2s and roll-ups have stagnated, Starknet is also up 90% in TVL. This meant that the roll-up’s DeFi space was growing.

To be precise, its TVL increased from 14 million to more than 26 million in a span of 30 days. A look at the graph hinted that Starknet might soon overtake zkEVM in terms of TVL.While the roll-up’s metrics registered growth, several developments also happened in its ecosystem, which can support the uptrend. Starknet Insider’s latest tweet revealed a few notable ones.

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