According to the Polygon Q1 2024 report by Messari, Polygon's gaming activities surged in Q1 2024, with daily active gaming addresses increasing by 1615% to reach 207,000 and daily gaming transactions growing by 469% to reach 734,000.
The market value of Polygon's stablecoin increased to $1.5 billion, a YoY growth of 19%. USDT consolidated its position as the leading stablecoin, with a YoY growth of 29% to reach a market value of $792 million, accounting for 53% of the total stablecoin market value.
Polygon Labs launched AggLayer, aimed at unifying the liquidity and state of any chain connected to AggLayer. AggLayer aggregates proofs of chain state to ensure the cryptographic security and unified liquidity of cross-chain transactions. Polygon Labs announced the development of a Type 1 ZKEVM prover. Type 1 provers are equivalent to Ethereum, allowing any existing EVM chain to become a ZK chain and directly use existing EVM clients. Astar launched Astar zkEVM on the mainnet, built using the Polygon Chain Development Kit and connected to AggLayer.
Astar is one of the many Polygon CDK chains in development, including Immutable, Manta, OKX, Hypr Network, Moonveil, FlipKart, OEV Network, Libre, Arianee, and more.