The mainnet d’Astar zkEVM based on Polygon CDK should be launched early 2024according to the project manager. The ASTR token registers a gain from 20% over 24 hours.
The head of Startale Labs, a spin-off of the Astar Foundation and one of the entities behind Astar Network, announced on Tuesday the imminent launch of the main network of Astar zkEVM.
The mainnet is coming soon, early 2024″, wrote yesterday Sota Watanabe on X, in response to a message from the Gelato smart contract automation protocol about testnet.
Astar zkEVM is an L2 Ethereum powered by the CDK development kit offered by Polygon. The network boasts higher transaction throughput than Ethereum and Astar Substrate EVM with reduced fees and full EVM equivalence.
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Token price Astar (ASTR) has risen by almost 100% over the past 30 days. Over 24 hours, its price has gained around 20% to $0.1255.
Astar Network, which is backed by Polychain, GSR and Vessel Capital, initially established itself as one of the leading smart contract platforms on Polkadot in Asia.
Last summer, Startale Labs raised $3.5 million from Sony Network Communications. The start-up’s ambition is to design “the infrastructure needed to support the global adoption of Web3”.
More and more L2 zkEVMs are being offered. Earlier this month, Cronos Labs launched a testnet for such a network, this time based on Matter Labs technology.
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