Attention everyone! MATIC Wants to Make a Big Announcement!

<p>&nbsp;"Hmm will the announcement make the price of MATIC go up?"</p><p><br /></p><p>The cryptocurrency community expressed its excitement as Polygon Labs which is gearing up for a spectacular appearance at Asia Crypto Week has promised to make a big announcement.</p><p><br /></p><p>Among the main agenda that Polygon Labs wants to implement is Polygon 2.0, where it is an important step in introducing various upgrades and features to improve scalability, interoperability and user experience.</p><p><br /></p><p>In addition, a discussion on Zero-Knowledge Ethereum Virtual (zkEVM) was also presented as the technology is an important advance in the field of layer-2 scale solutions that promise security and efficiency for ETH-based applications.</p><p><br /></p><p><br /></p><p>In March this year, zkEVM capable of offering ETH Virtual Machines (EVMs) was recognized as a versatile ETH scaling protocol due to its compatibility with existing ETH smart contracts and Decentralized Applications (dApps).</p><p><br /></p><p>Following on from these developments, the zkEVM mainnet beta will receive its first major upgrade called “Dragon Fruit” or “ForkID5”.</p><p><br /></p><p>The recently launched Polygon Chain Development Kit (CDK) will be the focus of discussion as it empowers developers to create their own blockchains and opens up new opportunities for innovation in the Polygon Labs ecosystem.</p><p><br /></p><p>In addition to its presence at Asia Crypto Week, Polygon Labs will also be participating in the Stablecoin Summit in Asia which will focus on the topic of stablecoin usage in the real world.</p><p><br /></p><p>Currently, the price of MATIC founded by Polygon Labs seems to be still seeing a 2.89% gain at the $0.52 level with a $4 billion market cap further slipping 4.59% over the last week.</p>