Polygon zkEVM TVL nears $50 million, Up over 20% in the last 7 days

According to L2BEAT data, Polygon zkEVM TVL is at $48.76 million, an increase of 20.76% over the past 7 days. Other major ethereum Layer 2s have seen varying degrees of TVL declines over the past 7 days, with zkSync Era down over 11%.

Polygon released its 2.0 roadmap in mid-June, describing a multi-chain ecosystem comprising zero-knowledge (ZK) powered scaling solutions. Polygon allocated $1B to investing in zero-knowledge technologies in 2021 and launched its zkEVM in March.

Related: Polygon Labs Proposes to Upgrade Polygon PoS Chain to ZK Layer2

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