Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near
Amid the ubiquitous rally in the crypto market, multiple crypto assets including MATIC have climbed higher highs, thriving to reach their peak and beyond. While the catalyst behind the rally might be unclear, Polygon’s (MATIC) bullish trend could be a part of its upcoming zkEVM Network update. As the launch draws near, investors have continued to increase in numbers pouring more funds into the asset.  Polygon is a layer-2 scaling solution built on top of the Ethereum blockchain to improve the network’s scalability. The soon-to-be-launched zkEVM network update is just one of the plans the developers of the Polygon network have announced to enhance the layer-2 scaling solution.  According to Polygon co-founder Sandeep Nailwal’s recent tweet, the anticipated zkEVM comes soon as the mainnet launch now has an official date which is somewhere around the corner. Related Reading: Polygon-Ethereum ERC-20 Bridge Is the Most Active, Locks $2.18 Billion Polygon (MATIC) Surges Nearly 10% In 24 hours Over the past 24 hours, MATIC has spiked in price by 8.6%, mirroring other altcoins’ bullish trend as the global cryptocurrency market cap ..

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