Polygon’s zero-knowledge rollup technology (zk-rollup) will help build a Layer 2 chain for restaking crypto assets.
Swell is building a Layer 2 chain for restaking, powered by Polygon’s AggLayer. Ethereum’s Dencun upgrade has fueled the staking, restaking and Layer 2 narrative.
price climbed over 7% on Wednesday. Polygon’s zero-knowledge rollup technology will help build a Layer 2 chain for restaking crypto assets. Swell has chosen Polygon’s AggLayer to power its project, according to an announcement on Wednesday. The Ethereum Dencun upgrade has ignited the Layer 2 token narrative, likely catalyzing 7% daily gains in Polygon’s native token
. Also read: Ethereum Layer 2 locks nearly $40 billion in assets as Dencun upgrade looms Restaking project picks Polygon’s AggLayer for development The staking, restaking and scaling narrative has garnered attention from market participants as Ethereum’s Dencun upgrade goes live on March 13. The upgrade is expected to dramatically lower transaction costs for Layer 2 chains, likely increasing their adoption and utility.
price is up 7% on the day, Polygon’s native token is trading at $1.2774, at the time of writing.
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