According to Polygon's Q1 2024 report issued by Messari, Polygon gaming activity surged in the first quarter of 2024, with daily active gaming addresses increasing by 1,615% to 207,000 and daily gaming transactions increasing by 469% to 734,000. Polygon's stablecoin market value increased to $1.5 billion, up 19% year-on-year. USDT consolidated its position as the leading stablecoin, with its market value increasing by 29% year-on-year to $792 million, accounting for 53% of the total stablecoin market value. Polygon Labs launched AggLayer, which aims to unify the liquidity and status of any chain connected to AggLayer. AggLayer aggregates proofs of chain status to ensure cryptographic security and unified liquidity for cross-chain transactions. Polygon Labs announced the development of a Type 1 ZKEVM prover. Type 1 provers are equivalent to Ethereum, enabling any existing EVM chain to become a ZK chain and to use existing EVM clients directly. Astar launched the Astar zkEVM on the mainnet, built with the Polygon Chain Development Kit and connected to the AggLayer. Astar is one of many Polygon CDK chains in development, including Immutable, Manta, OKX, Hypr Network, Moonveil, FlipKart, OEV Network, Libre, Arianee, and more.
