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ZKsync Era network revenue decreased by 90% after Airdrop, with last Sunday's revenue less than $7,000.
BlockBeats news, on August 21st, according to The Block data, Layer 2 scaling solution ZKsync Era experienced a big dump after the Airdrop on June 24th, with daily income falling to only $6,800 last Sunday, a sharp contrast to the highest daily income of $746,000 before the Airdrop (a fall of 99.088%). In addition, this Airdrop has caused a large-scale loss of users and liquidity in the network, with daily volume dropping from a peak of 1.8 million transactions to only 200,000 transactions. The Block stated that this situation is not only happening in the ZKsync Era, but the GML2 index tracking Layer 2 Tokens has fallen by 66% from its peak in March, indicating that the entire industry is facing challenges. This falling pattern after the Airdrop has raised doubts about the effectiveness of Token distribution strategies in the current market environment. Although Airdrops are intended to reward early adopters and guide network effects, they seem to be increasingly triggering short-term speculation and subsequent rapid dumping.