Welcome back to the Polygon Weekly Overview. The best place for Polygon community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
New here? Subscribe here to get updates to your inbox. Every Friday.
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
🟪What happened: Agglayer launched v0.3 of its chain-agnostic crosschain settlement layer to mainnet.
🟪Why does it matter: The latest version of the Agglayer implemented upgrades to pessimistic proofs and expanded its multistack capabilities further, to allow diverse chains to connect to Agglayer.
Essentially, pessimistic proofs are the security guarantee or “firewall” for cross-chain execution on Agglayer. They use zero knowledge (ZK) proofs to ensure that chains cannot withdraw more from Agglayer’s unified bridge than has been deposited.
Agglayer v0.3 expands ZK proof access to more chains and sets the stage for sub-10 second cross-chain transactions. This upgrade allows non Agglayer CDK chains to join the network through chain-specific execution proofs, with Polygon scheduled to connect later this year.
Agglayer’s upgraded security system acts like a double-checking process at a bank when you transfer money between accounts. First, each chain proves to Agglayer that its internal transactions are legitimate using either a detailed mathematical proof like a validity proof, or a trusted signature such as an ECDSA verification.
Then, when assets move between different blockchains, Agglayer runs a second verification with the pessimistic proof that double-checks all the deposit and withdrawal balances to ensure no money disappears or gets created out of thin air.
This upgrade ensures pessimistic proofs verify both transaction balances and chain state execution, functioning like a two-factor authentication system for cross-chain transactions, according to the press release.
Notably, the execution proof mode also allows chains to prove their own state directly, rather than relying on external verification. This modular design means each chain can maintain its native security model or its own custom verification circuit while still benefiting from Agglayer’s unified liquidity and cross-chain functionality.
In practice, Katana will be the first chain to use this mode when it launches mainnet, creating validity proofs for CDK OP Stack chains.
🟪The big picture: Ultimately, this upgrade makes Agglayer chain-agnostic, meaning it can work with different blockchains without forcing them to change. Unlike bridges or rollup clusters that require chains to conform to specific rules, Agglayer can meet chains where they are. As a result, both EVM and non-EVM chains will be able to connect in the future.
The ecosystem’s push toward security aligns with several performance upgrades. Agglayer is being enhanced to achieve sub-10-second transaction times, while Polygon will jump to 1,000 TPS next week. Additionally, the multistack chain expansion continues with new launches like Katana and Forknet using CDK OP Stack.
Lumia integrated with Avail Stack to power more than $220M in tokenized real estate assets in Turkey
Learn how Conduit.xyz enabled Forknet to launch with built-in sequencer, node management and Agglayer integration
Tune in to QuickSwap’s The Aggregated X Space on memecoin
Listen to Agglayer’s X Space to learn about Vault Bridge can generate revenue for any chain
FSL’s partnered with Polygon to bring liquidity support for GGUSD stablecoin
Polygon is upgrading to 1,000 TPS and less than 5 seconds finality by the end of month
Gelato and Morpho Labs’ are launching Embedded Crypto-Backed Loans for non-custodial stablecoin lending on Polygon
Want to dive into the Polygon ecosystem full-time? Find the latest job postings here.
Join Polygon and Boys Club to toast a spritz as the sun sets on la Croisette in Cannes
Join Lumia Odyssey to complete challenges and earn NFT rewards on Galxe
Are you a Polygon user? Check your Spark Ignition airdrop eligibility
To get this newsletter delivered to your inbox every week, subscribe here.
This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.