The Polygon (MATIC) network is preparing for the zkEVM mainnet beta launch on March 27. Among the hotly anticipated features include the Polygon Wallet Suite, an all-in-one front-end solution that allowed 100,000 Polygon users last month to safely bridge, swap, and manage their assets. The Polygon network has worked on Ethereum scaling solutions and facilitated over 1.2 million smart contracts from more than 224 million unique addresses and 292k contract creators.

Decentralised financial ecosystems (DeFi) have tapped into the Polygon scaling solution due to its low transaction cost. Moreover, the average cost per transaction on the Polygon network is about $0.018.

With the Polygon Wallet Suite, customers can expect a similar user experience (UX) on the Polygon PoS. However, the functionality will be different due to the environments within which they operate.

Functionality will not be exactly 1:1 because ZK environments operate a little differently. But as Polygon zkEVM matures, so will the Polygon Wallet Suite, Polygon noted in a blog post.

During the first day of Polygon Wallet Suite, users can expect to manage their assets and securely bridge between Ethereum and transact within the rollup with fast finality.

The Polygon networks zero knowledge EVM will have more exciting features besides the Polygon Wallet Suite. Among other key features include the Matic.js SDK and Gas Station will also be supported shortly after the launch of Polygon zkEVM Mainnet Beta. The Polygon developers can rest assured all their favorite assets are supported, including the ERC-20 and ERC-77.

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Along the way, the Polygon zkEVM has hit several milestones, including over 84k wallets, over 300k blocks produced, over 75,000 ZK proofs generated, and more than 5,000 smart contracts deployed.

Polygon zkEVM is the gold standard for EVM-equivalence, having passed 100 percent of the Ethereum test vectors that apply to a zkEVM. Developers can copy-paste code that works on Ethereum and use it to build on Polygon zkEVM without having to change a thingall Ethereum tooling works seamlessly with Polygon zkEVM. Thats frictionless scaling,

Polygon (MATIC) has remained among the top ten by market capitalization despite the year-long bear market. According to our latest crypto market data, Polygon (MATIC) has been up approximately 8.8 percent in the past seven days despite being down over 60 percent from its ATH.

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With a market capitalization of approximately $10,436,979,483, the Polygon network reported a 24-hour trading volume of about $918 million. With over 587,517 holders, according to on-chain data, Polygon (MATIC) is poised to gain more global recognition before the next bull market.

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Polygon Wallet Suite allows users to safely bridge, swap, and ... - Crypto News Flash