More than 37,000 decentralized apps (dApps) have been built on Polygon, according to latest data from Alchemy, the world's leading Web3 development platform. That’s almost double the number in March and a fourfold increase since the start of the year.
The number of monthly active teams, the most direct measure of developer activity on the Polygon PoS chain, clocked over 11,800 at the end of July, up from just over 8,000 in March. Many projects are increasingly choosing to build solely on Polygon. Alchemy data shows that 74% of teams integrated exclusively on Polygon, while 26% deployed on both Polygon and Ethereum. A single team can have multiple dApps on the chain.
The adoption of Polygon on Alchemy led to a surge in the popularity of new decentralized finance (DeFi) applications and non-fungible tokens (NFTs) on the chain. With over 142 million unique user addresses and $5 billion in assets secured, Polygon PoS has processed more than 1.6 billion transactions till date.
Polygon PoS serves as a hub for some of the most important Web3 projects, including Aave, Uniswap V3, and OpenSea, as well as Mark Cuban-founded Lazy.com. Polygon's thriving ecosystem is one of the reasons why companies such as Meta, Adobe, Stripe, Telefonica, and Dolce Gabbana have chosen Polygon as their default gateway to Web3.
The PoS chain is only one part of Polygon’s suite of products that also includes Polygon Supernets, a fast-track for building application-specific chains, Polygon Avail scalable data availability layer and a number of zero-knowledge projects that will make network congestion a thing of the past. Last month, the team unveiled the ultimate Ethereum scaling solution -- a fully EVM-equivalent zkEVM.
Get started building on Polygon and keep an eye on our blog for the latest news from the team.
Ethereum’s shift to Proof of Stake consensus, known as the Merge, has dramatically cut Polygon’s carbon dioxide emissions, opening the path to going beyond being carbon negative and toward empowering others to do the same. The conversation has shifted from blockchain sustainability to blockchain as a sustainability solution. Join us for the second chapter of […]
Today, we are thrilled to announce that Robinhood has chosen Polygon as the first blockchain network to support its newly launched Web3 wallet. The Robinhood Wallet beta is now live for 10,000 iOS customers out of 1+ million who signed up for the waitlist in May. Together, Polygon and Robinhood are opening access to decentralized […]
Zero-knowledge (ZK) tech is one of the most prominent and promising paths to scaling Ethereum. One popular use of ZK proofs to scale Ethereum is what’s known as a zkEVM (zero-knowledge Ethereum Virtual Machine). So what is a zkEVM, and how does it help us make Ethereum cheaper and more efficient to use? Understanding the […]
Polygon has teamed up with Alpha Venture DAO and Icetea Labs to launch the inaugural Icetea Labs Accelerator Program for blockchain startups. Working in a tight three-way partnership, Polygon is co-creating an accelerator to funnel resources, mentorship, education, and business acumen to promising Web3 companies from around the world. The startups selected for the accelerator […]
Applications are open for Polygon Bootcamp Africa, launched in partnership with Xend Finance! The eight-week intensive educational course and hackathon combo will put developers in Africa on the Web3 map. This is Polygon’s biggest step in providing resources to developers, builders, and creators in Africa, and it comes during an important time. An internet and […]
Today, we are thrilled to announce that Starbucks Coffee Company is working with Polygon to provide the blockchain technology to build its recently announced Web3 experience, Starbucks Odyssey. As a result of the partnership, this new Web3-powered experience will allow Starbucks Rewards loyalty program members and Starbucks partners (employees) in the United States to earn […]
Hola readers! We announced Polygon Bootcamp Africa, an eight-week intensive educational course and hackathon combo, in partnership with Xend Finance, Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard, and Quadrata, a passport network bringing the identity and compliance layer to public blockchains, is integrating its […]
For Web3 developers in Asia, this week was absolutely packed with must-see events. Polygon was there, showing love for the devs in South Korea and Singapore. Here is a rundown of our devrel outreach. Upbit Developers Conference 2022 Some of the best known blockchain developers in Korea and beyond gathered at this year's Upbit Developer […]
Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard. The Coorest Carbon Standard (CCS) is certified by an official UN auditor and is a new benchmark for CO2 compensation that leverages distributed ledger technology to eliminate unfair and opaque carbon offset practices. In partnership with Polygon, […]