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The innovative mission of Polygon for blockchain transformation

The Polygon (MATIC) price has traded above a long-term horizontal support area since breaking out in November 2023.

Polygon introduced the type 1 prover, enabling EVM chains to adopt zero-knowledge scaling technology.

Polygon zkEVM's active addresses dropped sharply last week, but Ethereum's Dencun upgrade can turn things around.

New milestones often mark significant leaps toward a more interconnected and efficient cryptocurrency market. One such landmark achievement by Polygon has captured the crypto community's attention, including Ethereum co-founder Vitalik Buterin.

Polygon Labs has rolled out its latest innovation, the “Type-1 prover.” This upgrade could introduce a new era for Ethereum Virtual Machine compatible chains, enabling the generation of zero-knowledge proofs while ensuring transaction costs plummet. Polygon Unveils ‘Type-1' Prover to Enhance Ethereum's Ecosystem Polygon Labs has launched the Type-1 zkevm prover upgrade.

Despite Polygon's achievements, MATIC trails behind as it experiences a decline.

Polygon Labs launches a Type 1 zkEVM prover that promises to shift the landscape in the Ethereum Layer 2 ecosystem.

TL;DR Polygon Labs has introduced a Type 1 prover, a significant development that allows existing Ethereum Virtual Machine (EVM) chains and optimistic rollups to integrate with the prover. The Type 1 prover enables any network compatible with Ethereum's EVM standard to evolve into a layer-2 network, powered by zero-knowledge proofs.

Explore the trends and sentiment within Polygon's market, uncovering the factors influencing Polygon (MATIC) price prediction.

A newly developed zkEVM prover is set to allow EVM chains to become zero-knowledge proof-powered layers-2s in the Ethereum ecosystem.

The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon's newly released Aggregation layer, providing access to "all of the liquidity and value on Ethereum itself,” Polygon said.

Polygon Labs, the infrastructure team behind the Polygon ecosystem, has revealed its latest innovation — a Polygon zero-knowledge Ethereum Virtual Machine (zkEVM) Type 1 prover.

A blockchain tracker Whale Alert revealed that Polygon whales, major holders on the network, have accumulated a substantial 32 million MATIC tokens. This happened right after Polygon got listed on the Gemini exchange, sparking speculation within the crypto community about the likelihood of a price surge for MATIC, to hit the $1 mark.

Gemini announced intentions to list a perpetual contract for MATIC. Concurrently, MATIC whales have been actively accumulating, amassing a total of 31.99 million MATIC tokens.

In a significant gust of developments, Gemini, a renowned cryptocurrency exchange, recently announced plans to list the MATIC/GUSD perpetual contract on its non-U.S. crypto derivatives platform, nabbing significant attention globally. With this, the exchange advances further with its venture cryptographic venture, facilitating seamless crypto derivatives trading to users globally, except in the U.S., U.K., and

Friendzone is poised to challenge traditional social media models with its blockchain-powered SocialFi application on the Polygon network.

TL;DR Friendzone joins Polygon PoS, driving the evolution of social applications on Web3. The partnership with Polygon promises scalability and equitable monetization for users. The integration with Polygon marks the beginning of a new era in the online social economy.

Friendzone aims to foster influencer communities using real-time adaptive pricing and reward distribution, allowing developers to create new apps for their audience.

Friendzone, a promising social marketplace developed by a team composed of members from Band Protocol, Synthetix, and Koinly, is getting ready to start operations on the Polygon PoS blockchain on February 26th. This move marks a significant step forward for the platform, which aims to revolutionize the social applications space.

Friendzone, a social Web3 marketplace, has announced its upcoming launch on the Polygon blockchain. A press release shared with Invezz states that the decentralized social marketplace will bring its social app to the Polygon PoS ecosystem later this month.

Friendzone, a decentralized social marketplace, has announced its entry into the Polygon PoS ecosystem, marking a significant milestone in the evolution of Web3 social applications. Spearheaded by veterans from Band Protocol, Synthetix, and Koinly, Friendzone aims to revolutionize the social media landscape through decentralized technologies.

Friendzone was built by early team members from Band Protocol, Synthetix and Koinly and targets the social application space.

The Polygon (MATIC) price trades above a long-term horizontal support area. The area has acted as both support and resistance for nearly three years.