Polygon zkEVM Hits 100K Transactions in a Day for the First Time

• Polygon zkEVM achieves 100,000 transactions in a day.
• Spectacular stats as of July 31, 2023: Low fuel charges, 297,107 wallets, 7,060 contracts, $35,212,170 TVL, and 401,841 ZK-Proofs.
• Polygon zkEVM is a game-changer, offering quick community finality and compatibility with Ethereum sensible contracts.

Polygon zkEVM is making waves as a number one zero-knowledge scaling answer. The Polygon zkEVM ecosystem is repeatedly increasing, as evidenced by a current milestone: the platform clocked 100,000 transactions in a single day for the primary time. This achievement was shared by Polygon founder Sandeep Nailwal.

As of July 31, 2023, the platform has achieved spectacular milestones. The platform has managed to maintain theaverage fuel payment per transaction extremely low, at simply 0.000236 ETH.

The cumulative variety of wallets on the platform has reached a staggering 297,107. The platform boasts 246 energetic wallets, exhibiting a wholesome stage of consumer engagement and exercise.

Builders have deployed a complete of seven,060 contracts on the platform, additional demonstrating the platform’s compatibility with current Ethereum sensible contracts and developer instruments. The Whole Worth Locked (TVL) on the platform stands at a strong $35,212,170. The platform has processed a complete of 433 transactions, demonstrating its functionality to deal with a excessive quantity of transactions effectively.

Moreover, the platform has generated 401,841 ZK-Proofs, showcasing the ability and effectivity of its zero-knowledge-proof expertise.

Along with these spectacular numbers, Polygon zkEVM affords a number of key advantages. zkEVM is suitable with the overwhelming majority of current Ethereum sensible contracts, developer instruments, and wallets. This implies builders can deal with enhancing their code somewhat than having to rewrite it for a brand new platform.

With the assistance of Polygon Zero expertise, the platform affords quick community finality with frequent validity proofs. This results in a high-performance consumer expertise. Polygon zkEVM is a game-changer within the blockchain area, providing a scalable, safe, and cost-effective answer for Ethereum compatibility, which is clear from its current numbers.