![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Agglayer Launches Pessimistic Proofs to Mainnet, Sparking Integrations Across Multiple Protocols
May 07, 2025 at 09:30 pm
The highlight of Q1 2025 for Polygon was the release of pessimistic proofs to its mainnet in Agglayer, a critical milestone in blockchain interoperability.
Key Takeaways
* The highlight of Q1 2025 for Polygon was the release of pessimistic proofs to its mainnet in Agglayer, a critical milestone in blockchain interoperability. In existence since February 3, the mechanism confirms all the linked blocks update correctly, accounts for assets correctly, and blocks unauthorized withdrawals.
* In contrast to zero-knowledge proofs which are premised on trusting about cryptographic outputs, pessimistic proofs take the approach of trusting each chain only to the extent necessary, with each chain initially treated in pessimistic manner. This methodology isolates any misbehaving chain, maintaining the security of the network. The technology underlies Agglayer’s cross-chain bridge to create doors for secure communication among chains with various architectures.
* Messari Analyst Christine Kim (email id: christine@messari.io) highlighted how pessimistic proofs play a key role in permitting scalability without compromising security. According to her, as we usher in the multi-chain reality, solutions such as Agglayer play a principal role in maintaining composability and trust in the splintering ecosystems.
Integrations were rapid and significant. Tria (tria.zone) incorporated chain abstraction over EVM, Solana VM, and MoveVM. SOCKET Protocol (socket.tech) integrated with a gateway model, removing the necessity for conventional bridges.
Karate Combat expanded its token economy through Agglayer to Hedera, and Rome Protocol made Agglayer its reference bridge to Ethereum and Solana. All of the above developments validated the rise of Agglayer as a fundamental infrastructure piece for Web3 creators.
Polygon, Stablecoins and DeFi Fuel Engagement
Polygon PoS saw moderate growth in user base during Q1. Daily active addresses went up by 4.4% to 546,000, and average daily transactions went up by 8% to 3.4 million.
However, user growth slowed with a 16.2% decrease in the daily new addresses to 88,700. But growing activity in stablecoins, DeFi, and NFTs kept engagement going.
The DeFi market stood firm at a total value locked (TVL) of $744.8 million. At the forefront were QuickSwap and Spiko, which increased 72.5% and 28.9% quarter-on-quarter, respectively. Meanwhile, stablecoin supply grew to $2 billion, +23.3%, making it the most active category by addresses.
Polygon NFTs logged a sharp revival. Volumes rose by 68.2% to $1.4 million per day, fueled by Courtyard’s tokenized Pokémon cards’ runaway growth. Courtyard had March sales of $56.5 million, an increase of more than 439% in one quarter.
CDK Momentum and POL Token Transition
Polygon’s Chain Development Kit (CDK) kept picking up traction. Chains such as Ember, Lumia, and Moonveil launched or upgraded through CDK, sometimes with a view to later Agglayer connectivity.
Stack advances, such as the addition of support for Erigon and RPC improvements, set the stage for increased scalability.
The base POL token, however, encountered market challenges. Having reached its peak at $12.9 billion in early 2024, its market cap fell to $1.7 billion during Q1 2025, a decrease of 54% quarterly. Despite this, 92.7% of supply has been shifted from MATIC to POL, indicating increased support around the new asset.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
-
- Coinbase Published 10,000+ Documents Revealing New Insights into the SEC's Internal Discussions Around ETH and XRP
- May 08, 2025 at 02:00 pm
- Coinbase published more than 10,000 documents obtained through Freedom of Information Act (FOIA) requests, revealing new insights into the U.S. Securities and Exchange Commission's internal discussions around major cryptocurrencies — particularly Ethereum (ETH) and Ripple's XRP.
-
-