An Updated View of Rollups Development
Quick Take
- Rollups have seen significant adoption and development over the past year
- In general, optimistic rollups have outperformed zk rollups in terms of adoption, likely due to the convenience of EVM compatibility they offer
- Both DeFi and NFT activity have ramped up on rollups, indicating that Ethereum users have been migrating their funds to rollups
- A handful of ZK rollups are looking to support EVM compatibility, although that will likely still take quite some time
- Optimism recently launched its native token, which raises questions on how other rollups may launch their own token
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Author: Arnold Toh