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NEAR Foundation and Polygon Labs are collaborating on zkWASM, a zero-knowledge prover for WASM blockchains, to enhance interoperability with Ethereum and improve scalability and decentralization.

Polygon's native cryptocurrency MATIC has joined the broader crypto market rally with its price surging by 7.8% and shooting past $0.81. With this, MATIC has extended its weekly gains to 22% and monthly gains to 45%.

The crypto space is rising! The bitcoin price is heading towards $37,000! Altcoins are gearing up! These may substantiate the claim that the markets are moving towards the phase of a bull run. In the meantime, one of the popular altcoins, Polygon, has set the markets on fire.

This collaboration's primary objective is to connect Wasm-based chains with the Ethereum ecosystem, offering developers who utilize the Polygon CDK (Chain Development Kit) a range of customization options. NEAR Foundation Becomes Core Contributor to Polygon Polygon Labs wants to introduce something called a zkWasm prover.

Polygon Labs (MATIC) and the NEAR Foundation have recently announced their collaboration on the development of a zero-knowledge (ZK) prover for the WebAssembly (Wasm) blockchain. The alliance aims to “bridge the gap” between Wasm-based chains and the Ethereum ecosystem, providing customization and options for developers building with the Polygon CDK (Chain Development Kit).

Ryan Sean Adams, a vocal Ethereum commentator and crypto investor, is bullish on MATIC, the native token of Polygon. Taking to X on November 8, Adams said MATIC should be a top-10 crypto asset, adding that people are asleep on layer-2s.

NEAR Foundation partners with Polygon Labs to develop zkWASM, a cutting-edge zero-knowledge solution enhancing interoperability and security for WASM chains.

Polygon Labs Executive Chairman Sandeep Nailwal whips up excitement with hints of major announcements.

Magic Eden rolls out a slew of new features for Polygon PoS.

The Polygon CDK will soon include a ‘zkWASM' prover, allowing Web Assembly networks to integrate with the broader Polygon ecosystem.

In the ever-evolving landscape of blockchain technology, two prominent platforms, Near and Polygon, have taken a bold step forward. The pair recently unveiled a partnership aimed at integrating zero-knowledge (zk) proofs with WebAssembly (WASM), as declared at the NEARCON event in Lisbon.

ZK experts and WASM researchers are joining forces in the zkWASM collaboration to develop a ZK prover for WASM blockchains, accessible through Polygon CDK.

Bitcoin is up 1.3% today, but alts like MATIC, LINK, and SUI are taking the lead.

Polygon Labs has partnered with the NEAR Foundation to bring zero-knowledge (zk) proving to WebAssembly (WASM) blockchains, the teams announced at NEARCON in Lisbon today.

The aim of the tie-up is to allow for greater interoperability across chains.

Polygon Price Prediction: The MATIC price has initiated a notable recovery pivoting upwards from the crucial support level at $0.5 in late October. Within a span of three weeks, the coin value has witnessed an impressive 52% escalation, advancing to the current trading figure of $0.766.

Polygon (MATIC) is experiencing a bullish rebound today following a dramatic resurgence in its key metrics. At the time of writing, Polygon has soared as high as 10.3% to $0.7732, forming a crucial support at the $0.75 level.

The post Polygon's MATIC Price Rising: Can it Break the $1 Barrier? appeared first on Blockonomi.

Polygon Labs' Polygon PoS v1 Testing Toolkit revolutionizes blockchain innovation with advanced deployment, efficient testing, and automated processes, marking a milestone for Web3's future.

The Polygon (MATIC) price has increased swiftly since validating an ascending parallel channel on October 27.

Despite the market leader, Bitcoin price, trading sideways for over a week, the altcoins have recorded massive price action recently. Polygon's MATIC price has recorded a jump of over 5% within the past day and a significant 23% rise in its value within the past week.

Polygon (MATIC) has been exceptionally bullish in November, seeing a steady yet considerable increase that has seen the price move from $0.62, past the $0.70 mark, to its current level of $0.77.

Indeed, despite being a Layer-2 of Ethereum, it has much lower transaction costs, which is very useful at a time when the NFT market is suffering.

Turning profitable as the Uptober rally extends further to drive MATIC price above $0.75, Polygon price continues to surge higher. With the late 2023 market recovery igniting a fresh demand amongst investors for altcoins, the MATIC price takes off for a moonshot.