The post ZKsync Phases Out ZKsync Lite, Focuses on ZKsync Era appeared on BitcoinEthereumNews.com. Key Points: ZKsync plans to discontinue ZKsync Lite in 2025, reallocating resources to ZKsync Era. Approximately $50 million in user funds remain on the ZKsync Lite network. Users urged to migrate to ZKsync Era or other platforms for asset management. ZKsync, developed by Matter Labs, will discontinue ZKsync Lite in 2025, focusing on newer systems. This decision marks an orderly phase-out of the original Ethereum rollup solution. The move signals a strategic shift to ZKsync Era, affecting user funds and liquidity as developers prioritize advanced platforms. Market response anticipates smooth migration paths. ZKsync Lite Deprecation and zkEVM Integration Overview ZKsync’s decision to sunset ZKsync Lite follows the introduction of zkEVM, ZKsync Era, earlier in March 2023. The change marks a strategic pivot as the company integrates advanced technologies. ZKsync Lite, known for its initial role in enhancing Ethereum scalability, will gradually phase out, redirecting users to newer systems. According to Argent Support Article, “Matter Labs, the company developing the zkSync Lite network, halted all development for zkSync Lite in March 2023.” Withdrawals to Ethereum L1 are expected to remain functional. The L2BEAT data reports that ZKsync Lite processes fewer than 200 operations daily but still holds approximately $50 million. Users are advised to migrate assets to ZKsync Era, maintaining continuity during this transition. Ecosystem partners like Argent support this move by enhancing their integration with ZKsync Era. Industry stakeholders and users have shown support for ZKsync’s technical advancements. While some users express concerns about the hassle of migration, most acknowledge the benefits of adopting advanced technologies for scaling. Ethereum’s Stability Amidst ZKsync Evolution Did you know? The decision to focus on ZKsync Era mirrors the trend of evolving from initial, rudimentary rollup solutions to more advanced zkEVM implementations across the blockchain sphere. As of December 7, 2025, Ethereum (ETH) maintains… The post ZKsync Phases Out ZKsync Lite, Focuses on ZKsync Era appeared on BitcoinEthereumNews.com. Key Points: ZKsync plans to discontinue ZKsync Lite in 2025, reallocating resources to ZKsync Era. Approximately $50 million in user funds remain on the ZKsync Lite network. Users urged to migrate to ZKsync Era or other platforms for asset management. ZKsync, developed by Matter Labs, will discontinue ZKsync Lite in 2025, focusing on newer systems. This decision marks an orderly phase-out of the original Ethereum rollup solution. The move signals a strategic shift to ZKsync Era, affecting user funds and liquidity as developers prioritize advanced platforms. Market response anticipates smooth migration paths. ZKsync Lite Deprecation and zkEVM Integration Overview ZKsync’s decision to sunset ZKsync Lite follows the introduction of zkEVM, ZKsync Era, earlier in March 2023. The change marks a strategic pivot as the company integrates advanced technologies. ZKsync Lite, known for its initial role in enhancing Ethereum scalability, will gradually phase out, redirecting users to newer systems. According to Argent Support Article, “Matter Labs, the company developing the zkSync Lite network, halted all development for zkSync Lite in March 2023.” Withdrawals to Ethereum L1 are expected to remain functional. The L2BEAT data reports that ZKsync Lite processes fewer than 200 operations daily but still holds approximately $50 million. Users are advised to migrate assets to ZKsync Era, maintaining continuity during this transition. Ecosystem partners like Argent support this move by enhancing their integration with ZKsync Era. Industry stakeholders and users have shown support for ZKsync’s technical advancements. While some users express concerns about the hassle of migration, most acknowledge the benefits of adopting advanced technologies for scaling. Ethereum’s Stability Amidst ZKsync Evolution Did you know? The decision to focus on ZKsync Era mirrors the trend of evolving from initial, rudimentary rollup solutions to more advanced zkEVM implementations across the blockchain sphere. As of December 7, 2025, Ethereum (ETH) maintains…

ZKsync Phases Out ZKsync Lite, Focuses on ZKsync Era

2025/12/08 07:36
Key Points:
  • ZKsync plans to discontinue ZKsync Lite in 2025, reallocating resources to ZKsync Era.
  • Approximately $50 million in user funds remain on the ZKsync Lite network.
  • Users urged to migrate to ZKsync Era or other platforms for asset management.

ZKsync, developed by Matter Labs, will discontinue ZKsync Lite in 2025, focusing on newer systems. This decision marks an orderly phase-out of the original Ethereum rollup solution.

The move signals a strategic shift to ZKsync Era, affecting user funds and liquidity as developers prioritize advanced platforms. Market response anticipates smooth migration paths.

ZKsync Lite Deprecation and zkEVM Integration Overview

ZKsync’s decision to sunset ZKsync Lite follows the introduction of zkEVM, ZKsync Era, earlier in March 2023. The change marks a strategic pivot as the company integrates advanced technologies. ZKsync Lite, known for its initial role in enhancing Ethereum scalability, will gradually phase out, redirecting users to newer systems. According to Argent Support Article, “Matter Labs, the company developing the zkSync Lite network, halted all development for zkSync Lite in March 2023.” Withdrawals to Ethereum L1 are expected to remain functional.

The L2BEAT data reports that ZKsync Lite processes fewer than 200 operations daily but still holds approximately $50 million. Users are advised to migrate assets to ZKsync Era, maintaining continuity during this transition. Ecosystem partners like Argent support this move by enhancing their integration with ZKsync Era.

Industry stakeholders and users have shown support for ZKsync’s technical advancements. While some users express concerns about the hassle of migration, most acknowledge the benefits of adopting advanced technologies for scaling.

Ethereum’s Stability Amidst ZKsync Evolution

Did you know? The decision to focus on ZKsync Era mirrors the trend of evolving from initial, rudimentary rollup solutions to more advanced zkEVM implementations across the blockchain sphere.

As of December 7, 2025, Ethereum (ETH) maintains a market cap of $367.75 billion, with a 24-hour trading volume of $20.18 billion. Despite a recent dip of -29.18% over 90 days, Ethereum’s market dominance remains substantial at 12.04%, per CoinMarketCap data.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 23:31 UTC on December 7, 2025. Source: CoinMarketCap

Coincu research indicates that the shift to ZKsync Era could bolster Ethereum’s scalability and enhance smart contract interactions. User migration and enhanced support may improve liquidity and transactional throughput in ZKsync Era’s ecosystem. For more on how high transaction fees might affect users, see Discussion on high transaction fees for zkSync Era bridge.

Source: https://coincu.com/news/zksync-phases-out-zksync-lite-2025/

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Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
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BitcoinEthereumNews2025/09/18 02:44