The post ZKsync Phases Out ZKsync Lite, Focuses on ZKsync Era appeared on BitcoinEthereumNews.com. Key Points: ZKsync plans to discontinue ZKsync Lite in 2025, reallocating resources to ZKsync Era. Approximately $50 million in user funds remain on the ZKsync Lite network. Users urged to migrate to ZKsync Era or other platforms for asset management. ZKsync, developed by Matter Labs, will discontinue ZKsync Lite in 2025, focusing on newer systems. This decision marks an orderly phase-out of the original Ethereum rollup solution. The move signals a strategic shift to ZKsync Era, affecting user funds and liquidity as developers prioritize advanced platforms. Market response anticipates smooth migration paths. ZKsync Lite Deprecation and zkEVM Integration Overview ZKsync’s decision to sunset ZKsync Lite follows the introduction of zkEVM, ZKsync Era, earlier in March 2023. The change marks a strategic pivot as the company integrates advanced technologies. ZKsync Lite, known for its initial role in enhancing Ethereum scalability, will gradually phase out, redirecting users to newer systems. According to Argent Support Article, “Matter Labs, the company developing the zkSync Lite network, halted all development for zkSync Lite in March 2023.” Withdrawals to Ethereum L1 are expected to remain functional. The L2BEAT data reports that ZKsync Lite processes fewer than 200 operations daily but still holds approximately $50 million. Users are advised to migrate assets to ZKsync Era, maintaining continuity during this transition. Ecosystem partners like Argent support this move by enhancing their integration with ZKsync Era. Industry stakeholders and users have shown support for ZKsync’s technical advancements. While some users express concerns about the hassle of migration, most acknowledge the benefits of adopting advanced technologies for scaling. Ethereum’s Stability Amidst ZKsync Evolution Did you know? The decision to focus on ZKsync Era mirrors the trend of evolving from initial, rudimentary rollup solutions to more advanced zkEVM implementations across the blockchain sphere. As of December 7, 2025, Ethereum (ETH) maintains… The post ZKsync Phases Out ZKsync Lite, Focuses on ZKsync Era appeared on BitcoinEthereumNews.com. Key Points: ZKsync plans to discontinue ZKsync Lite in 2025, reallocating resources to ZKsync Era. Approximately $50 million in user funds remain on the ZKsync Lite network. Users urged to migrate to ZKsync Era or other platforms for asset management. ZKsync, developed by Matter Labs, will discontinue ZKsync Lite in 2025, focusing on newer systems. This decision marks an orderly phase-out of the original Ethereum rollup solution. The move signals a strategic shift to ZKsync Era, affecting user funds and liquidity as developers prioritize advanced platforms. Market response anticipates smooth migration paths. ZKsync Lite Deprecation and zkEVM Integration Overview ZKsync’s decision to sunset ZKsync Lite follows the introduction of zkEVM, ZKsync Era, earlier in March 2023. The change marks a strategic pivot as the company integrates advanced technologies. ZKsync Lite, known for its initial role in enhancing Ethereum scalability, will gradually phase out, redirecting users to newer systems. According to Argent Support Article, “Matter Labs, the company developing the zkSync Lite network, halted all development for zkSync Lite in March 2023.” Withdrawals to Ethereum L1 are expected to remain functional. The L2BEAT data reports that ZKsync Lite processes fewer than 200 operations daily but still holds approximately $50 million. Users are advised to migrate assets to ZKsync Era, maintaining continuity during this transition. Ecosystem partners like Argent support this move by enhancing their integration with ZKsync Era. Industry stakeholders and users have shown support for ZKsync’s technical advancements. While some users express concerns about the hassle of migration, most acknowledge the benefits of adopting advanced technologies for scaling. Ethereum’s Stability Amidst ZKsync Evolution Did you know? The decision to focus on ZKsync Era mirrors the trend of evolving from initial, rudimentary rollup solutions to more advanced zkEVM implementations across the blockchain sphere. As of December 7, 2025, Ethereum (ETH) maintains…

                                                                               Office of the Comptroller of the Currency’s Jonathan Gould says crypto companies should have a path to supervision in the banking system, which can evolve to embrace blockchain.                     Crypto companies seeking a US federal bank charter should be treated no differently than other financial institutions, says Jonathan Gould, the head of the Office of the Comptroller of the Currency (OCC).Gould told a blockchain conference on Monday that some new charter applicants in the digital or fintech spaces could be seen as offering novel activities for a national trust bank, but noted “custody and safekeeping services have been happening electronically for decades.”“There is simply no justification for considering digital assets differently,” he added. “Additionally, it is important that we do not confine banks, including current national trust banks, to the technologies or businesses of the past.”Read more