Arbitrum airdrop hype helps zkSync addresses jump over 5X in a week

cointelegraph.com:

Arbitrum, a layer-2 Ethereum scalability protocol, announced the airdrop for its governance token ARB on March 16, and eligible receivers are expected to get the token by March 23. The hype around its airdrop has now helped another layer-2 solution zkSync, to see significant week-over-week growth.

zkSync is another layer-2 scaling solution or Ethereum that supports native L2 NFT and atomic swaps as well as transfers of ETH and ERC20 tokens within the Ethereum network.

According to data shared by crypto on-chain analytic firm Nansen, more than 39,000 addresses have bridged over $871 million to zkSync in the last seven days. The rise in number of addresses bridging to zkSync has swelled by 5X in the last week.

After the Arbitrum airdrop, zkSync and StarkNet are regarded as the upcoming airdrops with the most potential value. On March 17, nearly 5,000 people deposited more than 536 Ether (ETH) using the zkSync Bridge, and nearly 3,000 users deposited more than 234 ETH using the StarkNet Bridge.

Although zkSync neither have a native token yet nor it has announced any airdrop, the enthusiasm around the Arbitrum airdrop has fueled many proponents to believe they would be rewarded in the near future just like the Arbitrum.

The hype around the airdrops could be understood from the fact that there were multiple fake and scam airdrops being carried out in the name of Arbitrum.

#CertiKSkynetAlert Be aware of a fake @arbitrum Twitter account which is advertising a token Airdrop.Do not interact with this Airdrop. Always verify Twitter accounts and URLs from trusted sources.Stay vigilant! pic.twitter.com/gTlSNRzd6l

A crypto airdrop is a promotional tool for crypto projects to generate hype around the project. The crypto projects behind these