EIP-4844 Coming to Ethereum and Polygon
EIP-4844 Coming to Ethereum and Polygon
馃敟 Massive Fee Cuts Coming!
The Ethereum Improvement Proposal (EIP) 4844 is set to go live on the Ethereum network tomorrow. This update will introduce blob storage, which is expected to reduce transaction fees on the Polygon zkEVM by 2X to 5X when it is implemented on the Polygon zkEVM testnet in April and mainnet in early May as part of the zkEVM Feijoa upgrade. The Polygon PoS chain will not benefit from this update as it is not a rollup. Polygon CDK chains using Ethereum calldata for data availability will also see similar fee reductions later this year, while those using other solutions are already experiencing low fees.
EIP-4844 is coming to Ethereum tomorrow. What does this mean for Polygon chains? Here鈥檚 what鈥檚 going to happen for Polygon enjoyoors: 1/ It鈥檚 coming to zkEVM in May While 4844 goes live on Ethereum tomorrow, it will be coming to Polygon zkEVM testnet in April, and is
Polygon Announces Support for Ethereum Pectra Upgrade
Polygon has confirmed support for Ethereum's upcoming Pectra upgrade featuring EIP-7702, marking a significant advancement in wallet functionality. Key updates: - EOAs (Externally Owned Accounts) will gain smart account features - Enhanced user experience for onchain payments - Improved infrastructure for real-world asset (RWA) adoption The upgrade is already implemented in Agglayer via Agglayer CDK, with current support for rollups built using CDK OP Stack. Additional stack support is expected in the near future. *Technical implementation is progressing as planned, with the upgrade focused on improving Ethereum's scalability and usability.*
Polygon Q1: Stablecoin Activity Surges with 23% Supply Growth
Polygon's Q1 2025 metrics show significant growth in stablecoin activity. Key highlights: - Total stablecoin supply increased 23% - Active stablecoin wallets up 30% - Individual stablecoin growth: * USDC: 31% * USDT: 13% * DAI: 47% Broader ecosystem metrics: - Daily active wallets: 550K - Daily transactions: 3.4M - Positive growth in DeFi, bridges, and NFT activity Full details available in [Messari's State of Polygon Q1 2025 Report](https://messari.io/report/state-of-polygon-q1-2025)
Polygon Labs Launches PetraVM: Next-Gen zkVM Using Binary Field Towers
Polygon Labs and Irreducible have unveiled PetraVM, an open-source zkVM that aims to optimize performance and reduce proving costs through binary field towers technology. Key developments: - Uses innovative binary towers approach, potentially faster than current ZK methods - Designed to enable secure interoperability on Agglayer - Built by research team led by @RobinSalen, @_bfarmer, and @dlubarov This follows Polygon's recent launch of Plonky3, a modular toolkit for building customized zkVMs. The project continues Polygon's commitment to open-source ZK development, joining their suite of tools including Type 1 ZK-EVM prover and Pessimistic Proofs. [View PetraVM documentation](https://github.com/PetraProver/PetraVM)
Polygon Hits $2.3B Stablecoin Milestone Amid Ecosystem Growth
Polygon's ecosystem shows significant growth across multiple sectors: - Stablecoin supply reaches $2.3B milestone - Monthly stablecoin transfer volume through dApps increased from $12B to $118B (+883%) - P2P transfers grew 42% from $3.3B to $4.7B **NFT & DeFi Highlights:** - Courtyard.io leads NFT markets with $66M April sales volume - MorphoLabs expands lending opportunities via Compound vaults on Polygon The network demonstrates sustained growth in stablecoins, NFTs, and DeFi sectors, establishing itself as a major Web3 infrastructure.
Stripe Enables Global Stablecoin Payments via Polygon
Stripe has launched stablecoin functionality across 100+ countries, enabling businesses to receive, store, and send funds using both fiat and Polygon rails. Key points: - Over 3M stores can now accept USDC payments through Stripe - Businesses can receive fiat while customers pay in USDC - Stablecoin payments fee: 1.5% vs traditional card payments: 2.9% - Stablecoin market reached $230B in February The integration demonstrates blockchain's potential for more efficient payment systems, with lower fees than traditional methods. This development signals growing mainstream adoption of crypto payment solutions.