Can Polygon's Advanced Technology Raise POL Prices?
Polygon, known as the "Layer 2" network for Ethereum ETH2.30%->, is working hard to enhance their technology and infrastructure.
With the current price of Polygon cryptocurrency POL7.12%-> at around $0.258 as of May 13, 2025, many are wondering if their latest innovations can drive their token value back to previous all-time highs.
Introduction of New Technology
Polygon has introduced a new technology called zkEVM—zero-knowledge Ethereum Virtual Machine. This technology is expected to enable more efficient and secure transactions.
With zkEVM, Polygon is not only increasing their capacity as a Layer 2 network but also expanding their scope into a connected chain ecosystem. This initiative is part of the ambitious "Polygon 2.0" plan. Additionally, Polygon has transitioned from the MATIC token to a new token named POL.
