- Polygon zkEVM achieves a breakthrough with its Dragon Fruit upgrade (ForkID5), introducing support for Ethereum’s PUSH0 opcode.
- Polygon embarks on its Polygon 2.0 implementation, with PIP-18 defining Phase 0.
Polygon zkEVM, a scaling solution compatible with the Ethereum Virtual Machine (EVM), recently achieved a significant breakthrough with its Dragon Fruit upgrade, ForkID5. This upgrade, the first of its kind since the network’s beta launch in March, showcases Polygon’s commitment to advancing its capabilities.
Dragonfruit Upgrade: successful
Polygon zkEVM Mainnet Beta upgrade + bridge operations have completed successfully. System resumes full activity.
Devs, the list of EVM networks that support PUSH0 opcode:
1) Ethereum
2) Polygon zkEVM Mainnet Beta https://t.co/YEjDhHDD6w— Polygon (@0xPolygon) September 20, 2023
The Dragon Fruit upgrade brings critical improvements to Polygon zkEVM. Most notably, it introduces support for the latest Ethereum opcode, PUSH0. This opcode alignment between Polygon zkEVM and Ethereum promises developers seamless cross-platform work, expanding possibilities for decentralized applications (dApps).
Beyond the PUSH0 opcode support, the Dragon Fruit upgrade addresses RLP parsing. By rectifying a noncritical bug related to transaction parsing, Polygon fortifies its network’s overall reliability and security. This meticulous attention to detail reflects Polygon’s dedication to providing a robust environment for developers and users.
The adoption of the PUSH0 opcode positions Polygon zkEVM alongside EVM networks capable of harnessing this Ethereum feature. This demonstrates Polygon’s commitment to staying up-to-date with Ethereum’s advancements, unlocking avenues for innovative solutions and applications. Furthermore, the upgrade aligns Polygon zkEVM Mainnet Beta with the latest Solidity version, reinforcing its EVM compatibility.
MATIC Token’s Performance
While Polygon zkEVM celebrates its achievements, the native token of the protocol, MATIC, has displayed a modest performance. Over the past two days, MATIC has remained within a range-bound price range, failing to test upper resistance levels. Currently trading at $0.5377, it has maintained relative stability, slightly decreasing 0.44% over 24 hours.
However, it’s essential to note that MATIC has experienced substantial gains over the past seven days, with a 5.9% increase. This rebound allowed the token to reclaim the $0.500 level after a period of decline to $0.419 on September 11, aligning with broader market trends. This low point marked the lowest value of the year for MATIC.
Polygon 2.0 Implementation Begins
In addition to these developments, the Polygon network has reached a significant milestone with the commencement of the Polygon 2.0 implementation. The release of the first set of Polygon Improvement Proposals (PIPs), totaling three, outlines forthcoming changes that will begin in early Q4 of this year. PIP-18 takes center stage as it defines Phase 0 of Polygon 2.0.
This phase encompasses several essential changes, including the transition from MATIC to POL as the native gas and staking token for Polygon PoS, along with the initiation of the staking layer and subsequent migration. These changes mark a critical evolution of the Polygon network, positioning it for further growth and development.
Potential Interface Between Polygon and Uniswap
In another notable development, Polygon and Uniswap may soon collaborate if a proposal for a “friendly fork” between Uniswap DAO and Zero Protocol on Polygon zkEVM gains community approval. This initiative, if successful, could lead to exciting synergies between these prominent players in the blockchain space.
Polygon zkEVM’s Dragonfruit Upgrade represents a significant leap forward in zero-knowledge scaling solutions. Its commitment to seamless compatibility, improved efficiency, and reduced costs positions it as a vital contributor to the Ethereum ecosystem’s growth. Additionally, the positive performance of MATIC and the initiation of Polygon 2.0 showcase the broader impact of these developments. The potential collaboration between Polygon and Uniswap adds an intriguing layer to the ever-evolving blockchain landscape, promising further innovation and growth.
