- In an X post on Friday, Zksync announced that it would shortly release the v24 upgrade, with the goal of further decentralizing its protocol by the summer.
- Rumors that an airdrop from the Layer 2 solution would occur as early as June were stoked by the statement.
ZkSync announced in an X post on Friday that it will soon release an update to hasten the decentralization of its system. The statement is interpreted by some traders as an indication that the network will carry out an airdrop this summer.
According to its X post, the Layer 2 protocol stated that the v24 upgrade would happen this summer. After the deployment, zkSync will be ready to carry out an airdrop, something that traders have been looking forward to since March of last year.
By the end of June, the final components should be in place, according to a post made on X by zkSync on Friday. The last scheduled protocol upgrade required before transferring network governance to the community is the impending release of v24.
Speculation about a possible airdrop was stoked early in the year when investors connected more than $8 million worth of cryptocurrency to the Layer 2 solution. Crypto networks sometimes employ airdrops, or virtual token giveaways, as a marketing strategy to spark interest in their projects among the general public.
ZkSync is a unique kind of Layer 2 solution that is referred to as a zero-knowledge, or Zk, roll-up. It was founded in 2019. By keeping data off-chain, it seeks to lower the cost of the majority of transactions.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
