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Polygon has gained attention from traders for a couple of reasons. One of the important ones was its announcement that Mar. 27 would be the day its zero-knowledge Ethereum Virtual Machine (zkEVM) beta community would go live. The tech is one of the most promising scaling paths to Ethereum.
There is also a surge in NFT activity. Dune Analytics data suggests that NFT income on Polygon surpassed Ethereum in December 2022 and January 2023.
Square Enix, one of the top gaming studios in the world that made video games such as Final Fantasy, lately announced that it used to be switching its recreation launch from Ethereum to Polygon, citing scalability and fees on the sidechain. The organisation plans to launch an NFT game with round 10,000 personality NFTs tied to strategic sport mechanics.
Meanwhile, Starbucks NFTs, selling for thousands, are built on Polygon. Even even though the project, Starbucks Odyssey, is still in beta, the modern day airdrop sells for almost $2k for each NFT. The income have generated greater than $143k, receiving more interest for both the series and Polygon.
Azuro recently partnered with Polygon to launch the Azuro protocol. According to the announcement, Azuro determined it fitting that it may want to bring the platform’s liquidity to a house where sports activities and innovation thrive.