Polygon News: MATIC zkEVM Mainnet Can't Come At Better Time

Also Read: XRP Lawyer Discloses US SEC All Out War Plan Against Crypto?

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Meanwhile, technical indicators suggest that MATIC is currently well placed for a bullish scenario. CoinGape reported that MATIC could see a price upswing if it broke the neckline resistance of $1.30. On the upside, the top 10 cryptocurrency could see a 50% rise all the way to $1.80.

Polygon zkEVM Mainnet

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The Polygon MATIC zkEVM Mainnet, expected to be live by end of March 2023, could bring major upswing the cryptocurrency’s price in near term. The mainnet launch will likely save transaction fees for the users, apart from saving data costs for the network. As a solution, zkEVM works on decentralized Ethereum Layer 2 scalability using cryptographic zero-knowledge proofs to offer validity and quick resolution to off-chain transaction computation.

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