All about Polygon zkEVM’s growth, adoption and more


09 Jun 2023 4:30 PM

The latest spike in Polygon zkEVM's TVL, an increase of more than 20% over the past 24 hours, could be driven by a recent update to its Mainnet Beta....

  • Polygon zkEVM's total value locked (TVL) rose to $23.31 million, a 9.5x growth from the previous month.
  • The network recorded the highest TVL growth in May among all other blockchains.
  • The recent spike in TVL could be driven by a recent update to its Mainnet Beta, which had the potential to attract more users.
  • The transaction volume on the zero-knowledge rollup (zk-rollup) continued to soar, reaching a record high of more than 30,000 daily transactions on 4 June.
  • The total number of depositors almost doubled over the past month.
  • However, Polygon zkEVM still lags behind the other zk-rollup, zkSync Era, in terms of TVL and transaction throughput.

The article has a positive sentiment towards Polygon zkEVM's recent achievements, but also acknowledges that there is still room for improvement.

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You May Ask

What is the total value locked (TVL) of Polygon zkEVM?What was the growth rate of Polygon zkEVM's TVL from the previous month?What could be the reason behind the recent spike in TVL on Polygon zkEVM?What is the record high of daily transactions on Polygon zkEVM's zero-knowledge rollup (zk-rollup)?How does Polygon zkEVM compare to zkSync Era in terms of TVL and transaction throughput?

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