Polygon Ecosystem Sees New ATH in Address. Is a Price Surge Imminent?
For several years, Polygon has been at the forefront of the gaming ecosystem, and it has just reached new heights. A report has surfaced indicating that it has attained its highest market capitalization value ever.
The project prides its strength on its technology and the flexibility it provides to game developers. Those who choose to build on the ecosystem can select from any of the following options: Polygon PoS, Immutable zkEVM, or Polygon CDK.
In February, the project announced the release of its ‘Type 1 Prover.’ Ethereum co-founder hailed the release as a milestone.
According to Polygon, the Type 1 Prover can be connected to existing EVM chains or optimistic rollups without the need for any modification. The Prover can then be plugged into Polygon’s newly released Aggregation layer, giving users access to “all of the liquidity and value on Ethereum itself.
Back in August, Cryptocurrency entrepreneur and Polygon founder Sandeep Nailwal has raised $50 million for a new startup fund dedicated to Web3 companies. Underscoring venture capital’s growing interest in the blockchain-powered internet.
Polygon Development Causes Possible Chain Reaction
Polygon CDK is a proven and well-established web3 ecosystem, offering developers the freedom to choose the infrastructure tools and marketplaces they prefer, while also providing fast and cost-effective transactions. It is perfect for games that are looking for a web3 audience, examples of these games on PoS are @Matr1xOfficial, @WeArePlanetMojo, @GasHeroOfficial , @AnichessGame .
Additionally, Polygon CDK offers a ready-to-use solution with its own marketplace and tools, powered by blockchain technology. It is perfect for web2 games that are transitioning to web3, allowing developers to build fast and efficiently.
Furthermore, this Chain Development Kit provides full economic and environmental control for builders who want to offer the best user experience.
Moreover, with Polygon CDK, you can create your own zk-chain and customize it to your needs, making it ideal for larger games that are looking to move away from public chains.
Polygon CDK has contributed to the growth of the ecosystem, with an estimated 70% market share holding. Furthermore, when Agglayer is fully operational and all options connected, it will create an ecosystem that benefits from shared liquidity and users, according to source analysis