Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Two Prime Desert Ethereum, ask ‘Memecoin-like’ Red Flags and Risk Profile

2025-05-02

Economist Alex Krüger publishes market warning, says us in early stages of ‘serious delay’ – here is his prospects

2025-05-02

The FCA of the UK is getting closer to Crypto -Regulation – looking for public views on the following steps

2025-05-02
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Ubisoft, Layerzero Launch Network for migrating Crypto -Game -Activa

    2025-05-02

    Hela Labs, Celdata to redefine the life sciences through decentralization

    2025-05-02

    Rei Network to speed up Web3 innovation in collaboration with Jumbo Blockchain

    2025-05-02

    Reactive Network supports Smartrust for the bulb of an Escrow system for web3 freelancers

    2025-05-01

    Mercado Bitcoin taps Wormhole to scale $ 200 million in tokenized assets

    2025-05-01
  • NFT

    Turnover drops more than 39% as market stalls

    2025-05-02

    FIFA launches NFT platform for ether lovers

    2025-05-01

    NFT -Trade graphs shake up in April as a courtyard rises

    2025-04-29

    NFT -turns down to $ 89.4 million, Cryptopunks Sales jumps 106%

    2025-04-26

    Cloudflare removes RTFKT Clonex NFT art due to conditions of service violations

    2025-04-25
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Economist Alex Krüger publishes market warning, says us in early stages of ‘serious delay’ – here is his prospects

    2025-05-02

    Solana (SOL) More than $ 150 – more upside down on the horizon?

    2025-05-02

    Morgan Stanley and Charles Schwab Ege Crypto Trading as the American regulations are convenience

    2025-05-02

    Bitcoin prepared new all time when BTC breaks above this resistance level, says Crypto Trader

    2025-05-02

    The next lunar shot that will lead to $ 3

    2025-05-01
  • Learn

    What Are Utility Tokens? Types, Roles, Examples

    2025-04-17

    Real-World-Assets in Crypto, Explained

    2025-04-16

    Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

    2025-04-11

    Receive a welcome bonus of $ 50 when you become a member of the CHANGELLY Mobile App – Only this March!

    2025-03-04

    Centralized Exchange (CEX) vs Decentralized Exchange (DEX): What’s The Difference?

    2025-03-03
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»How zkLink Nova addresses Ethereum’s liquidity fragmentation
Blockchain

How zkLink Nova addresses Ethereum’s liquidity fragmentation

2024-04-14No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

According to Messari’s insights, more than $300 million has been bridged to zkLink Nova, making it the largest L3 network in terms of total value bridged.

Abstract figures of blockchains rotating and dissolving in layers, representing how zkLink addresses liquidity fragmentation issues in Ethereum.

Layer-3 (L3) solutions in the Ethereum ecosystem have attempted to address the problems of liquidity fragmentation and weak composability. These two problems are an indirect result of the rapid growth of Ethereum Layer-2 (L2) rollups.

A recent report from Messari highlights the impact of zkLink Nova, a zero-knowledge L3 infrastructure provider working to bring together assets, decentralized applications, and users spanning the entire range of L2s into a unified network.

According to Messari, zkLink Nova’s status as a general-purpose L3 solves the liquidity and asset fragmentation challenges facing Ethereum’s L2 ecosystem.

“As the Ethereum ecosystem becomes more complex with the incremental launch of new L2s, solutions like zkLink and its L3 are crucial for streamlining the user and developer experience on the L1,” Messari said.

Messari claims that the proliferation of ‘alt-L1s’ or alternative layer 1 platforms (such as Arbitrum and Optimism) has resulted in the fragmentation of the space. In such a competitive and attention-intensive space, the need for capital-efficient multichain adoption is magnified.

zkLink Nova’s origins and development

Launched in March 2024 on the public mainnet, ZkLink Nova has gained significant traction in the L3 space, attracting over $300 million in total value and processing over 1.2 million transactions. To date, the platform has already been integrated with nine chains, demonstrating its potential to become a top solution for developers and users in need of a seamless, interoperable environment.

See also  deBridge unveils Jito bundles that streamline cross-chain trading on Solana

In 2021, zkLink Nova was conceived as a multichain trading solution that could leverage zero-knowledge proofs. The zkLinks Labs team was led by Vince Yang and guided the project to its current state as a comprehensive L3 platform. zkLink later secured $18.5 million in funding from private investors after two rounds and a community sale, with backing from 21 investors including Coinbase, Orthogonal Thinker, NGC, Republic and Ascensive Assets.

At the core of zkLink Nova’s technology stack is a combination of advanced cryptographic techniques and innovative design choices. The platform consists of four key layers: sequencing, execution, settlement, and data availability.

The sequencing layer manages onchain deposits, maintains the state of the L3, and orchestrates transactions for processing and proof generation. The execution layer uses ZK Stack’s zkEVM to securely execute transactions in an EVM-compatible environment. zkLink Nexus, the settlement framework, enables efficient cross-L2 and Ethereum settlement via multichain state synchronization.

Finally, the data availability layer stores transaction and state transition data, with plans to integrate third-party solutions such as Celestia and EigenDA for enhanced security and decentralization.

Addressing liquidity and asset fragmentation

As a general-purpose L3 network, zkLink Nova addresses the liquidity and asset fragmentation challenges faced by Ethereum’s L2 ecosystem. By consolidating assets, liquidity and dApps from different L2s into a single, secure and efficient EVM-compatible platform, zkLink Nova enables dApps to access larger liquidity pools and attract more users.

Such an approach helps maintain value within the Ethereum ecosystem, preventing dApps from having to migrate to other L1s in search of better economic opportunities and performance. The L3 solution provides developers with a unified environment to deploy their dApps, leveraging the combined liquidity of connected L2s without the need for multiple deployments.

See also  Bank of America is experiencing large-scale data breaches, exposing Social Security numbers, addresses and additional sensitive data to hackers

One of the standout features of zkLink Nova is the ability to merge assets from multiple L2s and merge tokens of identical value into a single token. Using zk-SNARKs and zkLink Nexus, the platform securely consolidates assets from connected networks, simplifying the user experience, reducing gas costs and improving capital efficiency.

Key benefits of zkLink’s aggregated L3

According to Messari’s published overview of the zkLink platform, there are at least significant advantages to zkLink’s aggregated L3 stack.

First and foremost, zkLink Nova enables the aggregation of liquidity within the Ethereum ecosystem, ensuring that assets spread across different Layer 2 solutions can be natively integrated and communicate seamlessly with each other. This means that zkLink Nova, through the secure clusters running from zkLink Nexus and ZK Stack, maintains the same level of security as Ethereum, given the way all transactions are completed on the Ethereum mainnet, and inherits its characteristics.

By design, zkLink Nova’s L3 solution provides an additional layer of scale compared to Layer 2s, resulting in extremely low gas costs for users. The modular data availability (DA) design further reduces the data portion of transaction costs. Another important factor is the platform’s “multi-tiered” return structure. In this structure, zkLink Nova supports all native yield assets on a single platform, improving their liquidity and composability. This allows holders to generate additional returns on top of the returns they already earn by staking on Ethereum and Layer 2 rollups.

According to Messari’s insights, more than $300 million has been bridged to zkLink Nova, effectively making it the largest L3 network in terms of total bridged value.

See also  from dizzying heights to cautionary tales

Messari’s report reflects the core thesis behind zkLink Nova: by preserving Ethereum’s value and addressing the fragmentation caused by the proliferation of L2 solutions, the platform strengthens Ethereum’s network effect and solidifies its position as a leading blockchain ecosystem.

This debate over L3s has been going on for a while, with several points of contention at stake. Solutions like zkLink Nova will likely play an increasingly critical role in promoting interoperability, efficiency, and ease of use for more users by tackling the challenges of L2 fragmentation head-on.

Source link

Addresses Ethereums fragmentation liquidity Nova zkLink
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ubisoft, Layerzero Launch Network for migrating Crypto -Game -Activa

2025-05-02

Hela Labs, Celdata to redefine the life sciences through decentralization

2025-05-02

Rei Network to speed up Web3 innovation in collaboration with Jumbo Blockchain

2025-05-02

Reactive Network supports Smartrust for the bulb of an Escrow system for web3 freelancers

2025-05-01
Add A Comment

Comments are closed.

Top Posts

Legendary Trader Peter Brandt Says Bitcoin Will Be Top of Food Chain, Predicts Inevitable Approval of BTC ETF

2023-07-30

No Crypto Bull Run in 2023 – Bitcoin and Altcoins Will Plunge Hard, Analyst Predicts

2023-06-17

Yuga Labs is demanding removal of the Ethereum Punks website and content

2023-07-11
Editors Picks

SEC’s Gensler analogizes crypto versus securities by calling a dog a goldfish; provokes community reactions

2023-04-27

Bitcoin: What do the price indicators say now that $50,000 predictions are coming to nothing?

2023-12-07

Valkyrie changes the Bitcoin ETF application with improved custody and valuation rules

2023-12-15

Whales to keep track of

2023-05-08
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Two Prime Desert Ethereum, ask ‘Memecoin-like’ Red Flags and Risk Profile

Economist Alex Krüger publishes market warning, says us in early stages of ‘serious delay’ – here is his prospects

The FCA of the UK is getting closer to Crypto -Regulation – looking for public views on the following steps

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$97,733.561.12%
  • ethereumEthereum(ETH)$1,847.730.21%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.240.11%
  • binancecoinBNB(BNB)$600.34-0.58%
  • solanaSolana(SOL)$151.32-0.80%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1822150.82%
  • cardanoCardano(ADA)$0.711.43%
  • tronTRON(TRX)$0.246314-0.89%
  • suiSui(SUI)$3.48-6.38%
  • chainlinkChainlink(LINK)$14.83-0.39%
  • avalanche-2Avalanche(AVAX)$21.541.22%
  • stellarStellar(XLM)$0.2789960.27%
  • unus-sed-leoUNUS SED LEO(LEO)$8.88-0.91%
  • shiba-inuShiba Inu(SHIB)$0.0000140.20%
  • hedera-hashgraphHedera(HBAR)$0.188336-0.35%
  • the-open-networkToncoin(TON)$3.19-0.39%
  • bitcoin-cashBitcoin Cash(BCH)$381.422.75%
  • hyperliquidHyperliquid(HYPE)$20.992.99%
  • litecoinLitecoin(LTC)$89.252.33%
  • polkadotPolkadot(DOT)$4.231.65%
  • daiDai(DAI)$1.00-0.02%
  • moneroMonero(XMR)$286.003.96%
  • bitget-tokenBitget Token(BGB)$4.410.50%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • piPi(PI)$0.60-2.27%
  • pepePepe(PEPE)$0.000009-0.76%
  • aptosAptos(APT)$5.49-0.61%
  • uniswapUniswap(UNI)$5.30-0.99%
  • bittensorBittensor(TAO)$375.060.71%
  • nearNEAR Protocol(NEAR)$2.580.64%
  • okbOKB(OKB)$51.58-0.17%
  • ondo-financeOndo(ONDO)$0.920.15%
  • gatechain-tokenGateToken(GT)$21.811.03%
  • internet-computerInternet Computer(ICP)$4.991.22%
  • aaveAave(AAVE)$175.34-0.93%
  • ethereum-classicEthereum Classic(ETC)$17.231.72%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.82-1.59%
  • kaspaKaspa(KAS)$0.0979783.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.239435-1.64%
  • mantleMantle(MNT)$0.740.00%
  • render-tokenRender(RENDER)$4.722.41%
  • crypto-com-chainCronos(CRO)$0.0910401.12%
  • vechainVeChain(VET)$0.0275181.30%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • algorandAlgorand(ALGO)$0.221483-1.48%
  • filecoinFilecoin(FIL)$2.841.17%
  • cosmosCosmos(ATOM)$4.471.78%
  • ethenaEthena(ENA)$0.311786-8.14%
  • bitcoinBitcoin(BTC)$97,733.561.12%
  • ethereumEthereum(ETH)$1,847.730.21%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.240.11%
  • binancecoinBNB(BNB)$600.34-0.58%
  • solanaSolana(SOL)$151.32-0.80%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1822150.82%
  • cardanoCardano(ADA)$0.711.43%
  • tronTRON(TRX)$0.246314-0.89%
  • suiSui(SUI)$3.48-6.38%
  • chainlinkChainlink(LINK)$14.83-0.39%
  • avalanche-2Avalanche(AVAX)$21.541.22%
  • stellarStellar(XLM)$0.2789960.27%
  • unus-sed-leoUNUS SED LEO(LEO)$8.88-0.91%
  • shiba-inuShiba Inu(SHIB)$0.0000140.20%
  • hedera-hashgraphHedera(HBAR)$0.188336-0.35%
  • the-open-networkToncoin(TON)$3.19-0.39%
  • bitcoin-cashBitcoin Cash(BCH)$381.422.75%
  • hyperliquidHyperliquid(HYPE)$20.992.99%
  • litecoinLitecoin(LTC)$89.252.33%
  • polkadotPolkadot(DOT)$4.231.65%
  • daiDai(DAI)$1.00-0.02%
  • moneroMonero(XMR)$286.003.96%
  • bitget-tokenBitget Token(BGB)$4.410.50%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • piPi(PI)$0.60-2.27%
  • pepePepe(PEPE)$0.000009-0.76%
  • aptosAptos(APT)$5.49-0.61%
  • uniswapUniswap(UNI)$5.30-0.99%
  • bittensorBittensor(TAO)$375.060.71%
  • nearNEAR Protocol(NEAR)$2.580.64%
  • okbOKB(OKB)$51.58-0.17%
  • ondo-financeOndo(ONDO)$0.920.15%
  • gatechain-tokenGateToken(GT)$21.811.03%
  • internet-computerInternet Computer(ICP)$4.991.22%
  • aaveAave(AAVE)$175.34-0.93%
  • ethereum-classicEthereum Classic(ETC)$17.231.72%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.82-1.59%
  • kaspaKaspa(KAS)$0.0979783.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.239435-1.64%
  • mantleMantle(MNT)$0.740.00%
  • render-tokenRender(RENDER)$4.722.41%
  • crypto-com-chainCronos(CRO)$0.0910401.12%
  • vechainVeChain(VET)$0.0275181.30%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • algorandAlgorand(ALGO)$0.221483-1.48%
  • filecoinFilecoin(FIL)$2.841.17%
  • cosmosCosmos(ATOM)$4.471.78%
  • ethenaEthena(ENA)$0.311786-8.14%