Welcome back to Polygon’s Weekly Overview. The best place for Polygon community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
New here? Subscribe here to get updates to your inbox. Every Friday.
By The Numbers
Polygon daily active users: 1.56M (+33.3%)
Polygon daily txns: 4.67M (+10.40%)
Polygon Total Volume Locked (TVL): $860.12M (-0.89%)
NFT weekly sales volume: $21.60M
Sea Dragon: $2.6M (+18.18%)
Sunny Girl: $2.0M (+1,000%)
Milady NFT: $2.0M (+25%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Polygon Spotlight
(Highlighting some of the biggest updates on Polygon (chain updates, partnership announcement this week.)
🟪What happened: NodeKit will provide enhanced composability for chains built with the Polygon Chain Development Kit (CDK).
🟪Why does it matter: NodeKit's announcement to integrate Polygon CDK support looks to address the issue of fragmentation that thwarts the Ethereum ecosystem. It aims to focus on NodeKit's composability layer, while integrating it with the AggLayer. In turn it hopes to create seamless, synchronous communication between different chains.
NodeKit will also enable synchronous composability across all rollups built with Polygon CDK, hoping that these chains can interact with each other in a unified manner. With the support of the AggLayer, which uses zero-knowledge (ZK) proofs to enable swift and secure communication, this combination hopes to enhance the overall security and accessibility of the network.
Chains using NodeKit will benefit from increased security and a broader network of accessible chains by incorporating the AggLayer. This move also allows Polygon CDK chains to join the Composable Network, fostering stronger connections between chains and applications. Projects leveraging the AggLayer and NodeKit will have immediate access to users and liquidity from the Composable Network, significantly boosting their potential impact and reach.
🟪The big picture: By leveraging the Polygon CDK, NodeKit aims to enhance the interoperability of chains and applications, making them more robust and interconnected. This initiative not only aims to solve current challenges in blockchain fragmentation but also opens the doors for more scalable and composable solutions in web3.
Forging the Ecosystem
Privado ID integrated Transak to provide reusable Know Your Customer processes onto its user data self-sovereignty platform
MARBLEX, a blockchain gaming platform announced its migration to Immutable zkEVM, powered by Polygon
Ravenquest, a top-down based pixel MMORPG, revealed its partnership with Immutable zkEVM
Giveth integrated Polygon zkEVM as a payment option on its crypto donation platform
Highlighting the community
Learn about the Polygon CDK and how to build a ZK powered layer 2 blockchain in a deep dive by Youtube user Jarrod Watts
Listen to the GEODNET team speak about what they’re building in the decentralized physical infrastructure sector
Watch a video breakdown about Polygon PoS and its use cases, from X user Nofuturephoto
ICYMI: AMA session about aggregated global payment for the Polygon community
Featured headlines
You might have seen these Polygon-related headlines recently…
The State of Polygon (Decentralised.co)
NodeKit Joins Forces with Polygon to Unleash Next-Gen Blockchain Composability (Blockchain Reporter)
RavenQuest to Launch on Immutable zkEVM (Crypto Wisser)
Join in the fun
Want to dive into the Polygon ecosystem full-time? Find the latest job postings here.
Dive into everything about the AggLayer for Aggregation Day on July 9 at EthCC
Build on Polygon and apply by July 1 to earn your portion of a grant pool of $800K in MATIC
To get this newsletter delivered to your inbox every week, subscribe here.
This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.