• Polygon [MATIC] revealed updated statistics about its anticipated zkEVM. The testnet nearly reached 300,000 transactions.
• Whale interest increased in MATIC and market indicators looked bullish.
• CryptoQuant’s data revealed that MATIC’s exchange reserve was decreasing and the total number of active wallets trading the token went up.

Polygon’s zkEVM Transactions

Polygon [MATIC] released updated statistics about its anticipated zkEVM, which was in the final stages of testnet testing at press time. The testnet *nearly* reached 300k transactions, a milestone for the future of scaling Ethereum, and a testament to the maturity of Polygon #zkEVM. Other BIG NEWS is coming soon. Until then, a quick rundown of all Polygon zkEVM metrics for last week, showing continued momentum 📈 pic.twitter.com/lMpYATtGfe — Polygon ZK (@0xPolygonZK) February 13, 2023

Whale Interest in MATIC

WhaleStats reported that whales seemed confident in MATIC as it ranked third on their list of crypto holdings by top 500 ETH whales 🐳 The top 500 #ETH whales are hodling $651,269,941 $SHIB$146,616,720 $BEST$142,570,607 $MATIC$141,187,680 $CHSB$140,224,778 $LINK$111,691