Ink, a Layer 2 blockchain developed by Kraken on Optimism's Superchain, is seeing a surge in activity ahead of its INK token launch. Daily transactions have surpassed 500,000 and active contracts reached 6,000, although total value locked (TVL) remains under $8 million. The INK token will have a fixed supply of 1 billion and will be distributed via a community airdrop through a liquidity pool on Aave. The token will not be used for governance, but rather for liquidity aggregation and incentivizing application usage. Ink is fully EVM-compatible and part of the broader Superchain ecosystem alongside Base and other L2s. This move positions Ink as a direct competitor to Coinbase’s Base.
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