Amid the boom in the crypto sector, the leading cryptocurrency exchange, Kraken’s Layer 2 blockchain, InkChain has experienced an impressive surge in active addresses since January 2025, which shows growing adoption in the DeFi ecosystem. The data also shows that the network has maintained an incredible user retention rate of over 80%.
Launched on December 18, 2024, It is Kraken’s strategic foray into the Ethereum Layer 2 ecosystem, this leverages Optimism’s scalability solutions. By using Ethereum’s framework, InkChain enables seamless deployment of EVM-compatible applications.
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