Polygon zkEVM TVL nears $50 million, Up over 20% in the last 7 days

Polygon zkEVM TVL nears $50 million, Up over 20% in the last 7 days

According to L2BEAT data, Polygon zkEVM TVL is at $48.76 million, an increase of 20.76% over the past 7 days. Other major ethereum Layer 2s have seen varying degrees of TVL declines over the past 7 days, with zkSync Era down over 11%.

Polygon released its 2.0 roadmap in mid-June, describing a multi-chain ecosystem comprising zero-knowledge (ZK) powered scaling solutions. Polygon allocated $1B to investing in zero-knowledge technologies in 2021 and launched its zkEVM in March.

Related: Polygon Labs Proposes to Upgrade Polygon PoS Chain to ZK Layer2

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Polygon

Zero Knowledge Proofs

In This Article

Related News
Polygon developers transition MATIC token to POL Polygon developers transition MATIC token to POL
Bitcoin mainnet receives first-ever verified ZK-proof Bitcoin mainnet receives first-ever verified ZK-proof
Blockchain security firm Veridise finds ZK audits are twice as likely to uncover critical issues Blockchain security firm Veridise finds ZK audits are twice as likely to uncover critical issues
DAO Developer Aragon Built a “Governance Hub” for Polygon DAO Developer Aragon Built a “Governance Hub” for Polygon
Polygon zkEVM Suffered a 10 Hours Outage Polygon zkEVM Suffered a 10 Hours Outage
Latest News More More
21 Hours Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
21 Hours Ago Fetch.ai launches $10M accelerator for AI agent startups
1 Day Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
1 Day Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
2 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open