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Will Polygon zkEVM’s latest update help network activity?

Press Releases Crypto News AMB-Crypto Will Polygon zkEVM’s latest update help network activity?

Polygon zkEVM’s Etrog upgrade included support for additional pre-compiled smart contracts.
MATIC’s price surged by over 11% in the last seven days.

Polygon [MATIC] zkEVM did not have a comfortable last week as its network activity plummeted.

However, the blockchain has announced that a new update went live for zkEVM, which might have a positive impact on the L2’s performance in coming days.

Polygon zkEVM’s new update

AMBCrypto’s look at Artemis’ data revealed that the L2’s performance was declining over the last few days in terms of network activity. zkEVM’s daily active addresses dropped sharply last week.

As a result, the L2’s Daily Transactions declined, suggesting less usage of the network.

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Author: Dipayan Mitra

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