- Polygon zkEVM has passed $130 million in deposits, reflecting its increased adoption.
- MATIC’s price action took a sideways path.
Polygon [MATIC] zkEVM has witnessed a hike in its growth momentum, resulting in a boost on multiple fronts. Not only did the rollup’s usage increase, but its performance in the DeFi space also improved, which had taken a back seat for some time.
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However, though zkEVM showed improvement, it was still way behind its competitors like zkSync Era and Starknet.
Polygon zkEVM is recovering
Today In Polygon, a popular X (formerly known as Twitter) handle that posts updates related to the Polygon ecosystem, revealed in a recent tweet that zkEVM’s has passed $130 million in deposits.
In fact, the total number of unique addresses has also been on the rise. As per Polygonscan, at press time, zkEVM’s total unique addresses exceeded 444k, with a daily increase of about 1,000 users.
NEW:
Polygon zkEVM has passed $130M in deposits.
(Still in Mainnet Beta) pic.twitter.com/mKhhYDF44C
— Today In Polygon (@TodayInPolygon) September 29, 2023
On top of that, the rollup’s TVL also witnessed a promising surge of over 23% in the last week.
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Author: Dipayan MitraDid you like this?
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