CandleFocus
Polygon Expands DeFi and Gaming with zkEVM Integration
2024-10-11
Author: Content Editor
The research report from Nansen highlights the significant advancements made by Polygon in the areas of scalability, DeFi, and gaming. Polygon introduces AggLayer, a technique that simplifies cross-chain interactions and improves liquidity flow and interoperability. The platform's success in the gaming industry is showcased by partnerships with Ronin, Moonveil, and Layer3, promoting faster and seamless transactions in blockchain gaming without sacrificing decentralization. The ecosystem has seen a rise in daily transactions and active addresses, indicating growing user involvement. The adoption of Polygon as the Layer 2 network for Assetera's secondary market platform emphasizes its relevance in tokenizing assets and transforming secondary markets. Additionally, the native token of Polygon, MATIC, has shown a gain of 0.95% over the last 24 hours, returning its market cap to $1 billion.
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