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<ul><li>MATIC traders are forecasting huge success for Polygon network after the zero knowledge EVM (zkEVM) rollup.</li><li>zkEVM&#39;s compatibility allows the Polygon network to perform smart contracts and developer operations in the new protocol without issues.</li></ul><h2 id="header-0">With the release of the zero knowledge EVM (zkEVM) rollup, MATIC traders seem to be predicting enormous success for Polygon network.</h2><p>The Polygon zkEVM rollup will ship soon, and <a href="https://www.coingabbar.com/en/crypto-currency/matic-network-matic-prices-usd" rel="noopener noreferrer nofollow">MATIC </a>is prepared to create a new record. From the start of 2023, the cryptocurrency has experienced the highest annual growth rate among significant coins. The rollup might end up being a game-changer for the token because the integration of zkEVM would drastically cut expenses and boost security. The traders&#39; reaction to the announcement of the rollup&#39;s launch date was unmistakably optimistic.</p><h3 id="the-matic-zkevm-rollup-what-is-it">The MATIC zkEVM Rollup: What Is It?</h3><p>Zero Knowledge <a href="https://www.coingabbar.com/en/crypto-currency/ethereum-eth-prices-usd" rel="noopener noreferrer nofollow">Etherem </a>Virtual Machine is known as zkEVM (zkEVM). The rollup&#39;s main function is to validate the data on the EVM using zero knowledge proofs and off-chain processing power. The storage and processing costs that would otherwise be incurred on-chain will effectively decrease as a result. Also, the zero knowledge method of approving transactions without disclosing the specifics. As a result of zkEVM&#39;s interoperability, the current Polygon network will be able to execute smart contracts and developer operations in the new protocol without any problems.</p><h4>MATIC/BTC Reaching Record Highs?</h4><p>Due to the recent sharp increase in MATIC&#39;s price, its pairing with Bitcoin has nearly reached an all-time high. The price of MATIC has doubled since the beginning of January 2023, while the price of BTC has increased dramatically. As a result, the MATIC/BTC combination is about to reach the $0.000064 top it reached in November 2022 just before the FTX collapse. As of this writing, the price of Polygon is $1.526, up 3.518% from the previous day.</p><p>In light of this, some traders predict significant gains for the No. 8 cryptocurrency if the MATIC/BTC combination surpasses the record high.</p>

MATIC To Break Record, Bullish Before zkEVM?

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