Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Polygon, a Layer 2 scaling platform, is teasing "something massive" coming into its ecosystem. It gives slight indications of what the product might be, and it is related to consumer finance and the mass adoption of Web3.
37k+ dApps are built #onPolygon, according to the latest data from @AlchemyPlatform, the world’s leading #Web3 developer platform.
— Polygon - MATIC 💜 (@0xPolygon) August 10, 2022
That’s almost 2x the number in March and a 4x jump since the start of the year.
Read more👇 https://t.co/HfNLTv0ct2 https://t.co/Xy7tT4grRM
Since the start of the year, the Polygon PoS chain has received numerous product additions, such as Polygon Supernets, a fast track for building application-specific chains; Polygon Avail, which is a scalable data availability layer; and several zero-knowledge (ZK) projects that hope to significantly reduce network congestion. Last month, the team unveiled the Ethereum scaling solution — a fully EVM-equivalent zkEVM.
Yet another massive thing coming in from @0xPolygon shortly!
— Sandeep | Polygon 💜🔝3️⃣ (@sandeepnailwal) August 10, 2022
Stay tuned!#Top3 https://t.co/PbQqboCzNs
The Polygon network also received some partnerships: Coca-Cola launched its unique and sharable collectibles on Polygon. The network also announced its partnerships with Techstars for a Web3-specific accelerator program and Epic League, a Web3 game development studio.
Now 37,000 dApps are building on Polygon
Polygon announces its most recent milestone of 37,000 dApps building on its network, referencing the latest Alchemy data. This is a nearly 200%, or double, increase from the number quoted in March and a fourfold increase (400%) since the start of the year.
Months ago, U.Today covered the Polygon network, recording six times growth while the number of dApps was given at 19,000 at the time. Then, the Polygon PoS recorded over 8,000 active monthly teams.
Now, the number of monthly active teams, which indicates developer activity on the Polygon PoS chain, surpassed 11,800 at the end of July. Out of this, 74% of teams integrated solely into Polygon, while 26% launched on both Polygon and Ethereum.