2023-09-06
Polygon zkEVM new upgrade called “Dragon
Fruit” is schedule to go live on September 11, 2023. Polygon has completed
zkEVM mainnet test and the new update now ready to go live.
Dragon Fruit (also known as ForkID5) will introduce the
latest EVM opcode PUSH0. It will make Polygon zkEVM compatible with Solidity
v0.8.21.
PUSH0 is the latest version of Ethereum Virtual Machine (EVM)
opcode. It is a part of the Shanghai hard fork and EIP-3855.
The Dragon Fruit upgrade includes the latest EVM opcode
PUSH0, making Polygon zkEVM compatible with Solidity v0.8.21.
The upgrade will ensure
that Polygon zkEVM will catch up with latest version of Solidity.
According to Sandeep Nailwal, Polygon co-founder. MATIC token will
be replaced with POL. POL will be used for staking to run validator nodes on
all Polygon ecosystem such Polygon PoS and Polygon zkEVM.
Right now, Sandeep Nailwal put emphasis on the development of
Polygon zkEVM because it is a layer 2 that can process ETH transactions and it
also support the use of dApps.
Polygon Valuation
MATIC token
Ranking: 13 largest crypto by market cap.
Market Cap: $5.184 billion.
Fully diluted market cap: $5.557
billion.
Total value locked
Polygon PoS: $773 million
Polygon zkEVM: $18.89 million.
