With zero data (ZK) proofs anticipated to be a sport changer for blockchain scaling, Polygon could also be on the point of a serious rally. Taking to X on February 2, crypto market commentator Polynya, asserts that ZK expertise is the “endgame” as its “1,000x effectivity upside is irresistible for networks.”
Will “ZK” Know-how Be The “Finish Sport”?
This forecast on ZK adoption is very large for Polygon and its native token, MATIC, which has been underneath important promoting stress up to now few buying and selling months. As it’s, Polygon Labs, the developer of the Ethereum sidechain, has been on the forefront, advocating for the event of ZK scaling options.
In 2021, Polygon started assembling a crew to develop zkEVM, a way counting on zero data to scale Ethereum cheaply whereas being suitable with the EVM. Latest Polygon Labs documentation shows that their zkEVM is in beta and being examined.
Nonetheless, this hasn’t stopped the crew from hanging offers with layer-1 protocols desirous about harnessing this expertise.
In mid-January, NEAR Protocol’s Knowledge Availability (DA) resolution was integrated with Polygon’s customized blockchain improvement package (CDK). The aim was to make it simpler for builders to create ZK rollup options appropriate for his or her wants whereas leveraging NEAR Protocol‘s infrastructure. All that is when guaranteeing the mixing lowers price and improves efficiency.
Polygon Labs has additionally partnered with different platforms, together with Immutable–a layer-2 web3 resolution for NFTs; Ankr–an infrastructure supplier; and QuickSwap–a decentralized alternate (DEX). Most of those platforms plan to function as layer-2s for Ethereum.
The full worth locked (TVL) in layer-2 protocols stays in an uptrend, in line with L2Beat. These platforms command over $21 billion. To date, the biggest layer-2 protocols, Arbitrum, Optimism, and Base, use Optimistic Rollups.

Is Polygon (MATIC) Prepared For $3?
This can be a bullish improvement for Polygon. Furthermore, at this tempo, it’s more likely to cement Ethereum, the pioneer layer-1 and good contract platform, as a dominant settlement layer regardless of on-chain scaling considerations and comparatively excessive charges.
From a value level perspective, MATIC will possible profit as extra platforms undertake Polygon’s zkEVM options. To date, MATIC is steady however agency when writing on February 2. From the every day chart, MATIC has assist at round $0.70. On the higher finish, the speedy resistance degree is at $1.
Spurred by partnerships as extra platforms use zkEVM, basic developments may drive MATIC even increased within the coming periods. If MATIC finds momentum, the medium- to long-term goal will likely be $3, or a 2021 excessive.
Characteristic picture from iStock, chart from TradingView
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