Polygon MATIC is soaring today, with a price gain of 11.31% in 24 hours. Its market cap and trading volume have also spiked by 11.46% and 18.39%, respectively, showing increased utility and activity with the token.
The gains are not surprising, given that Polygon has been focused on developing its ecosystem. Tom Dunleavy, a senior research analyst at Messari, says the protocol is on the path to success. The researcher outlined some of the achievements of Polygon recently.
A recent tweet by Tom Dunleavy highlighted some developments on Polygon. Some of them include the following:
zkEVM (zero-knowledge Ethereum Virtual Machine)
According to the researcher, the protocol is testing its zkEVM ((zero-knowledge Ethereum Virtual Machine). The purpose of the solution is to position the network to achieve security, decentralization, and scalability. Once the developers succeed, Polygon will have solved the popular blockchain trilemma…
