• The article discusses the current state of Polygon (MATIC), a layer-2 scaling solution for Ethereum (ETH).
• ChatGPT was asked to provide its opinion on Polygon’s zkEVM, which is a mainnet that recently launched.
• Its prediction bordered on absurd regarding MATIC prices in 2023.
Polygon [MATIC] Price Prediction 2023-24
Current State of Polygon
Polygon [MATIC] is one of the most popular cryptocurrencies in the world. At press time, it had a market capitalization of $8.6 billion, making it 9th largest crypto by market cap. It was trading at $0.9268, at the time of writing. It is a layer 2 scaling solution for Ethereum [ETH], one that aims to address the network’s scalability issues with a primary focus on the DeFi space.
The Launch of zkEVM Mainnet
The blockchain recently stole the limelight after it launched its much-awaited zkEVM mainnet. This mainnet beta makes Polygon completely open source and permissionless with fast finality and leading EVM-equivalent zkEVM capabilities.
ChatGPT’s Opinion on Polygon’s zkEVM
When I questioned ChatGPT regarding its thoughts about zkEVM, the AI bot quickly highlighted the solution’s notable features while also pointing out a few key benefits. The bot also added that, as L2 solutions continue to grow, it will be interesting to see how zkEVM competes with others. In addition to this, when asked whether zkEVM would have a broader impact on Polygon, ChatGPT responded confidently, stating that it has the potential to significantly improve scalability, interoperability and security of the network which could help attract more users and usage in turn going forward.
Long Term Predictions for MATIC Prices in 2023
When we asked ChatGPT about MATIC’s prices for 2023 however its prediction bordered on absurd and as such there is no exact figure or reliable prediction available as yet for MATIC prices in 2023 from any credible source including ChatGPT itself .
Overall Polygon has established itself as one of the select few initiatives to amass attention from within cryptocurrency industry due to its usability and spread throughout charts as well as altering how people view layer 2 protocols . With zKevm Mainnet now live ,Polygons future looks bright but exact predictions regarding MATIC prices by 2023 are still uncertain