On Friday, the ZKsync team announced via X that Lens Chain is live on the Elastic Network and is powered by ZKsync. Lens Chain is a next-gen SocialFi platform powered by ZKsync and Avail.
Its features include Gasless UX, Onchain content storage, Modular social primitives, and a massive community of 650K profiles.
ZKsync is a Layer-2 scaling solution that makes transactions on Ethereum cheaper and faster by utilizing zero-knowledge rollups (zk-rollups) and zero-knowledge proofs (ZKPs). ZK is down 16.5% and is currently trading at $0.0502.