#StarGrowthProgram Nansen Report: Polygon Demonstrates Network Resilience and Developer-Friendly Environment in Q3.

In Q3 2023, the peak average daily gas fee for transactions on Polygon was $0.05, while gas fees throughout the quarter ranged from $0.01 to $0.05. In contrast, Ethereum’s fees during the same period fluctuated between $1.95 and $15.

In terms of user engagement on Polygon PoS, Tether, and USDC stood out, boasting 1.6 million and 1.32 million users, respectively. On the other hand, when it comes to transaction volume on Polygon PoS during Q3, Chainlink took the lead, recording an impressive 47.08 million transactions.

ZK Efforts
This quarter also saw Polygon Labs double down on the ZK research. In addition to Polygon PoS, Polygon Labs has created several scaling frameworks, including Polygon zkEVM and the Polygon Chain Development Kit (CDK).

Since its launch in March, Polygon zkEVM has attracted approximately $100 million in TVL.

Meanwhile, the Chain Development Kit (CDK), which was released in August this year, is an open-source codebase that enables developers to create their own customizable layer 2 chains using Polygon’s ZK technology.

Several projects, including Canto, Astar, Gnosis, and IDEX, have revealed their plans to build ZK layer-2 solutions leveraging the new software toolkit over the past few months.

Polygon Labs is currently working on Polygon Miden, a ZK-rollup that is designed to deliver a faster, more secure network with minimal transaction costs. It is set for a Q4 testnet launch.