Recent developments in Zksync:
1. Achieved full EVM equivalence. This means that Zksync has introduced an EVM execution mode in the EVM bytecode interpreter, allowing unmodified EVM bytecode to run on the ZK chain. EraVM remains the main execution environment, with the EVM interpreter acting as a translation layer to execute EVM bytecode on EraVM. As a result, deploying Solidity and Vyper contracts requires no recompilation; it is compatible with Ethereum standard tools and can be used with Foundry, Hardhat, and Remix without additional plugins or modifications... For developers, building on Zksync is easier than before.
2. Proposed solx, a new Solidity-to-EVN compiler built on LLVM, which facilitates Solidity porting and helps reduce gas fee consumption. It also prepares for Ethereum's transition to a RISC-V type VM by using the new architecture with minimal changes.
3. Currently, the Zk elastic chain ecosystem has over 19 elastic chains, including WonderFi (Canada's largest compliant crypto platform with approximately 1.7 million users) launching a custom ZK chain; Abstract (a consumer chain built on the ZK elastic chain by Fat Penguin); Tradable (private credit tokenization, currently a major contributor to the zkysnc ecosystem's RWA); UBS (deployed a tokenized gold proof of concept on the zkysnc Validium testnet); Unionchain (institutional RWA connecting Southeast Asian exchanges with over 20 million KYC users); Quark (providing decentralized identity IDs for Buenos Aires residents, 3.6 million residents); Grvt (achieved $1.3 billion in alpha trading volume in its first month).
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