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COINTURK NEWS > Research and Analysis > Analysis of Upcoming Airdrops for Major Layer-2 Projects
Research and Analysis

Analysis of Upcoming Airdrops for Major Layer-2 Projects

In Brief

  • 2023 was not a productive year for blockchain users due to bankruptcies and sanctions.

  • Expectations for 2024 airdrops could create opportunities for Web3 users.

  • Let's examine three major Layer-2 projects anticipated to hold airdrop events next year.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The year 2023 was not very fruitful for blockchain users compared to previous years. The main reason for this was the bankruptcy processes and sanctions against the crypto market. So what is expected in 2024 for airdrop events that create invaluable opportunities for Web3 users? Let’s take a look together at three major Layer-2 projects expected to hold an airdrop event next year.

Contents
Base Network Airdrop AnalysiszkSync Era Airdrop AnalysisScroll Airdrop Analysis

Base Network Airdrop Analysis

According to data from the blockchain data analysis platform DefiLlama, Base, a Layer-2 network supported by the US-based cryptocurrency exchange Coinbase, is in ninth place in the total value locked (TVL) ranking. It stands out with a TVL value of $453.85 million and is ahead of many Layer-2 projects in terms of user numbers and popularity.

Since its launch day, the Base network has attracted great interest, with a volume of $51.53 million in the last 24 hours and an active address count of 66,015. While the low commission fees compared to many Layer-2 networks might seem negative for a tokenization process, the backing of a giant company like Coinbase could accelerate a potential token process. The team could achieve significant success by basing their airdrop event on criteria used by airdrops like Optimism and Arbitrum.

zkSync Era Airdrop Analysis

According to DefiLlama data, zkSync Era, which ranks 20th in TVL value, continues to attract users with its zero-knowledge technology. The Layer-2 network has a TVL value of $159.16 million, and the latest update has significantly reduced commission transaction fees, which has been well received by users.

Starting with zkSync Lite, the team could set criteria for transactions made on zkSync Lite for a potential airdrop event, a scenario that has occurred with the Arbitrum airdrop event and provided significant gains to Arbitrum One users.

Scroll Airdrop Analysis

The Layer-2 network Scroll, which allows for the operation of the Ethereum $2,643 Virtual Machine (EVM) in a compatible mechanism with zero-knowledge technology, ranks 59th among all blockchain networks with a TVL value of $21.43 million. Although this TVL rate is low compared to many ecosystems, the process handled by the team and the popularity of the main network make the Scroll project stand out for an airdrop event.

In the last 24 hours, the Layer-2 network has seen a volume of $1.68 million. Announcements of potential airdrop events like Starknet and LayerZero could encourage users and developers to join this network. However, if the team sets airdrop criteria based on past transactions, it could quickly end the network’s popularity. In this case, the team needs to take significant and attention-grabbing steps.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 11 September, 2024 - 10:54 am 24 December, 2023 - 6:07 pm
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