• bitcoinBitcoin (BTC) $ 61,884.00
  • ethereumEthereum (ETH) $ 3,410.58
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 410.37
  • solanaSolana (SOL) $ 130.48
  • xrpXRP (XRP) $ 0.620177
  • staked-etherLido Staked Ether (STETH) $ 3,404.71
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.726975
  • dogecoinDogecoin (DOGE) $ 0.134020
  • avalanche-2Avalanche (AVAX) $ 42.81
  • tronTRON (TRX) $ 0.140451
  • shiba-inuShiba Inu (SHIB) $ 0.000021
  • polkadotPolkadot (DOT) $ 9.13
  • chainlinkChainlink (LINK) $ 20.44
  • matic-networkPolygon (MATIC) $ 1.08
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 61,830.00
  • bitcoin-cashBitcoin Cash (BCH) $ 483.54
  • uniswapUniswap (UNI) $ 12.29
  • the-open-networkToncoin (TON) $ 2.66
  • litecoinLitecoin (LTC) $ 90.12
  • internet-computerInternet Computer (ICP) $ 13.18
  • daiDai (DAI) $ 1.00
  • filecoinFilecoin (FIL) $ 9.69
  • ethereum-classicEthereum Classic (ETC) $ 33.05
  • cosmosCosmos Hub (ATOM) $ 11.86
  • immutable-xImmutable (IMX) $ 3.26
  • nearNEAR Protocol (NEAR) $ 4.26
  • leo-tokenLEO Token (LEO) $ 4.75
  • blockstackStacks (STX) $ 3.05
  • aptosAptos (APT) $ 11.54
  • bittensorBittensor (TAO) $ 646.12
  • optimismOptimism (OP) $ 3.99
  • kaspaKaspa (KAS) $ 0.167940
  • stellarStellar (XLM) $ 0.134002
  • hedera-hashgraphHedera (HBAR) $ 0.112420
  • crypto-com-chainCronos (CRO) $ 0.141460
  • injective-protocolInjective (INJ) $ 41.13
  • vechainVeChain (VET) $ 0.048725
  • okbOKB (OKB) $ 56.92
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • the-graphThe Graph (GRT) $ 0.331168
  • render-tokenRender (RNDR) $ 7.98
  • lido-daoLido DAO (LDO) $ 3.34
  • mantleMantle (MNT) $ 0.891859
  • celestiaCelestia (TIA) $ 16.58
  • moneroMonero (XMR) $ 147.75
  • arbitrumArbitrum (ARB) $ 2.07
  • theta-tokenTheta Network (THETA) $ 2.34
  • bitcoin-svBitcoin SV (BSV) $ 115.46
  • sei-networkSei (SEI) $ 0.844877
  • arweaveArweave (AR) $ 32.90
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,752.06
  • fetch-aiFetch.ai (FET) $ 1.94
  • algorandAlgorand (ALGO) $ 0.241801
  • suiSui (SUI) $ 1.57
  • makerMaker (MKR) $ 2,069.03
  • elrond-erd-2MultiversX (EGLD) $ 69.97
  • pepePepe (PEPE) $ 0.000004
  • quant-networkQuant (QNT) $ 125.47
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,489.14
  • beam-2Beam (BEAM) $ 0.034575
  • flowFlow (FLOW) $ 1.16
  • thorchainTHORChain (RUNE) $ 5.60
  • aaveAave (AAVE) $ 112.37
  • ordinalsORDI (ORDI) $ 77.27
  • dogwifcoindogwifhat (WIF) $ 1.62
  • flare-networksFlare (FLR) $ 0.045799
  • dydx-chaindYdX (DYDX) $ 3.64
  • galaGALA (GALA) $ 0.043605
  • bonkBonk (BONK) $ 0.000023
  • the-sandboxThe Sandbox (SAND) $ 0.652007
  • havvenSynthetix Network (SNX) $ 4.39
  • fantomFantom (FTM) $ 0.511583
  • mina-protocolMina Protocol (MINA) $ 1.35
  • axie-infinityAxie Infinity (AXS) $ 10.25
  • axelarAxelar (AXL) $ 2.34
  • bittorrentBitTorrent (BTT) $ 0.000001
  • starknetStarknet (STRK) $ 1.87
  • chilizChiliz (CHZ) $ 0.151091
  • apecoinApeCoin (APE) $ 2.21
  • bitget-tokenBitget Token (BGB) $ 0.926811
  • singularitynetSingularityNET (AGIX) $ 1.02
  • true-usdTrueUSD (TUSD) $ 1.00
  • flokiFLOKI (FLOKI) $ 0.000130
  • heliumHelium (HNT) $ 8.81
  • corgiaiCorgiAI (CORGIAI) $ 0.004031
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000060
  • kucoin-sharesKuCoin (KCS) $ 12.96
  • tezosTezos (XTZ) $ 1.37
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.36
  • eosEOS (EOS) $ 1.05
  • whitebitWhiteBIT Coin (WBT) $ 8.20
  • decentralandDecentraland (MANA) $ 0.633916
  • worldcoin-wldWorldcoin (WLD) $ 7.99
  • neoNEO (NEO) $ 16.20
  • klay-tokenKlaytn (KLAY) $ 0.312680
  • dydxdYdX (ETHDYDX) $ 3.64
  • oasis-networkOasis Network (ROSE) $ 0.161541
  • jasmycoinJasmyCoin (JASMY) $ 0.022003
  • blurBlur (BLUR) $ 0.729196
  • akash-networkAkash Network (AKT) $ 4.51
  • frax-etherFrax Ether (FRXETH) $ 3,395.09
  • pyth-networkPyth Network (PYTH) $ 0.677960
  • gnosisGnosis (GNO) $ 395.49
  • conflux-tokenConflux (CFX) $ 0.271589
  • cheeleeCheelee (CHEEL) $ 17.83
  • kavaKava (KAVA) $ 0.935638
  • osmosisOsmosis (OSMO) $ 1.60
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000173
  • iotaIOTA (IOTA) $ 0.318475
  • woo-networkWOO (WOO) $ 0.532892
  • wemix-tokenWEMIX (WEMIX) $ 2.60
  • astarAstar (ASTR) $ 0.164511
  • roninRonin (RON) $ 2.93
  • msolMarinade staked SOL (MSOL) $ 150.56
  • dymensionDymension (DYM) $ 6.00
  • ecasheCash (XEC) $ 0.000044
  • swethSwell Ethereum (SWETH) $ 3,480.65
  • jupiter-exchange-solanaJupiter (JUP) $ 0.600836
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.27
  • nexoNEXO (NEXO) $ 1.38
  • illuviumIlluvium (ILV) $ 120.37
  • curve-dao-tokenCurve DAO (CRV) $ 0.662204
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,652.31
  • manta-networkManta Network (MANTA) $ 2.94
  • usddUSDD (USDD) $ 0.999376
  • golemGolem (GLM) $ 0.734621
  • ondo-financeOndo (ONDO) $ 0.503975
  • gatechain-tokenGate (GT) $ 5.42
  • ribbon-financeRibbon Finance (RBN) $ 0.775808
  • enjincoinEnjin Coin (ENJ) $ 0.497215
  • nervos-networkNervos Network (CKB) $ 0.015998
  • ocean-protocolOcean Protocol (OCEAN) $ 1.18
  • holotokenHolo (HOT) $ 0.003911
  • bitcoin-goldBitcoin Gold (BTG) $ 38.96
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • frax-shareFrax Share (FXS) $ 8.81
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.96
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,613.79
  • superfarmSuperVerse (SUPER) $ 1.45
  • 1inch1inch (1INCH) $ 0.567999
  • fraxFrax (FRAX) $ 0.996802
  • coredaoorgCore (CORE) $ 0.739782
  • rocket-poolRocket Pool (RPL) $ 31.36
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.48
  • celoCelo (CELO) $ 1.15
  • compound-governance-tokenCompound (COMP) $ 89.15
  • xdce-crowd-saleXDC Network (XDC) $ 0.043650
  • lido-staked-solLido Staked SOL (STSOL) $ 150.33
  • altlayerAltLayer (ALT) $ 0.526849
  • metis-tokenMetis (METIS) $ 108.82
  • iotexIoTeX (IOTX) $ 0.060877
  • arkhamArkham (ARKM) $ 2.84
  • terra-luna-2Terra (LUNA) $ 0.822934
  • skaleSKALE (SKL) $ 0.105854
  • gmxGMX (GMX) $ 57.49
  • siacoinSiacoin (SC) $ 0.009652
  • stepnGMT (GMT) $ 0.309452
  • apenftAPENFT (NFT) $ 0.00000055
  • zetachainZetaChain (ZETA) $ 2.27
  • fasttokenFasttoken (FTN) $ 1.74
  • casper-networkCasper Network (CSPR) $ 0.044877
  • zilliqaZilliqa (ZIL) $ 0.029824
  • echelon-primeEchelon Prime (PRIME) $ 14.54
  • theta-fuelTheta Fuel (TFUEL) $ 0.079598
  • tether-goldTether Gold (XAUT) $ 2,074.71
  • chiaChia (XCH) $ 50.90
  • kujiraKujira (KUJI) $ 4.14
  • aelfaelf (ELF) $ 0.708393
  • zcashZcash (ZEC) $ 32.17
  • compound-wrapped-btccWBTC (CWBTC) $ 1,241.25
  • origintrailOriginTrail (TRAC) $ 1.23
  • kusamaKusama (KSM) $ 52.27
  • radixRadix (XRD) $ 0.044957
  • gasGas (GAS) $ 7.20
  • basic-attention-tokenBasic Attention (BAT) $ 0.312516
  • compound-ethercETH (CETH) $ 68.49
  • mask-networkMask Network (MASK) $ 4.69
  • dashDash (DASH) $ 37.44
  • livepeerLivepeer (LPT) $ 14.05
  • pixelsPixels (PIXEL) $ 0.570533
  • ankrAnkr Network (ANKR) $ 0.043240
  • nosanaNosana (NOS) $ 5.18
  • desoDecentralized Social (DESO) $ 40.56
  • stader-ethxStader ETHx (ETHX) $ 3,450.06
  • qtumQtum (QTUM) $ 4.06
  • neutron-3Neutron (NTRN) $ 1.51
  • moonbeamMoonbeam (GLMR) $ 0.491210
  • nemNEM (XEM) $ 0.045234
  • convex-financeConvex Finance (CVX) $ 4.94
  • strideStride (STRD) $ 4.51
  • loopringLoopring (LRC) $ 0.321387
  • dexeDeXe (DEXE) $ 6.99
  • decredDecred (DCR) $ 24.76
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.69
  • pax-goldPAX Gold (PAXG) $ 2,037.79
  • api3API3 (API3) $ 3.77
  • aleph-zeroAleph Zero (AZERO) $ 1.28
  • memecoin-2Memecoin (MEME) $ 0.039765

If ZK Is The ‘End Game,’ Is Polygon (MATIC) Ready For $3?

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With zero knowledge (ZK) proofs expected to be a game changer for blockchain scaling, Polygon may be on the brink of a major rally. Taking to X on February 2, crypto market commentator Polynya, asserts that ZK technology is the “endgame” as its “1,000x efficiency upside is irresistible for networks.”

Will “ZK” Technology Be The “End Game”?

This forecast on ZK adoption is massive for Polygon and its native token, MATIC, which has been under significant selling pressure in the past few trading months. As it is, Polygon Labs, the developer of the Ethereum sidechain, has been at the forefront, advocating for the development of ZK scaling solutions.

In 2021, Polygon began assembling a team to develop zkEVM, a technique relying on zero knowledge to scale Ethereum cheaply while being compatible with the EVM. Recent Polygon Labs documentation shows that their zkEVM is in beta and being tested.

However, this hasn’t stopped the team from striking deals with layer-1 protocols interested in harnessing this technology.

In mid-January, NEAR Protocol’s Data Availability (DA) solution was integrated with Polygon’s custom blockchain development kit (CDK). The goal was to make it easier for developers to create ZK rollup solutions suitable for their needs while leveraging NEAR Protocol‘s infrastructure. All this is when ensuring the integration lowers cost and improves performance.

Polygon Labs has also partnered with other platforms, including Immutable–a layer-2 web3 solution for NFTs; Ankr–an infrastructure provider; and QuickSwap–a decentralized exchange (DEX). Most of these platforms plan to operate as layer-2s for Ethereum.

The total value locked (TVL) in layer-2 protocols remains in an uptrend, according to L2Beat. These platforms command over $21 billion. So far, the largest layer-2 protocols, Arbitrum, Optimism, and Base, use Optimistic Rollups.

If ZK Is The ‘End Game,’ Is Polygon (MATIC) Ready For $3?

Is Polygon (MATIC) Ready For $3?

This is a bullish development for Polygon. Moreover, at this pace, it is likely to cement Ethereum, the pioneer layer-1 and smart contract platform, as a dominant settlement layer despite on-chain scaling concerns and relatively high fees.

Related Reading: Chainlink Price Surge Powers Altcoin Market, Bulls Aim For $20 Target

From a price point perspective, MATIC will likely benefit as more platforms adopt Polygon’s zkEVM solutions. So far, MATIC is stable but firm when writing on February 2. From the daily chart, MATIC has support at around $0.70. On the upper end, the immediate resistance level is at $1.

Spurred by partnerships as more platforms use zkEVM, fundamental developments might drive MATIC even higher in the coming sessions. If MATIC finds momentum, the medium- to long-term target will be $3, or a 2021 high.

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