Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»NEAR Foundation Announces Polygon CDK-NEAR DA Integration
EXCHANGE NEWS

NEAR Foundation Announces Polygon CDK-NEAR DA Integration

By Crypto FlexsJanuary 20, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
NEAR Foundation Announces Polygon CDK-NEAR DA Integration
Share
Facebook Twitter LinkedIn Pinterest Email

NEAR Foundation announced the merger of NEAR DA and Polygon CDK. The goal of technology integration is to deliver the benefits of cost-effective data availability to rollups, especially during times when data publishing costs are at their peak.

nearby It was chosen for efficiency and strong data availability. Data Availability is purpose-built to help developers simplify network architecture and reduce overall costs. Polygon CDK, on ​​the other hand, was chosen for the level of simplicity it provides to developers who want to design L2 chains with their own configuration set.

In the official announcement, NEAR DA A complete, ready-to-use modular DA solution. Illia Polosukhin, co-founder of NEAR Protocol, echoed these sentiments, saying she is excited to see how the technological integration between the two companies unfolds in the future. Illia added that it will share the benefits of cost-effectiveness, faster data availability and improved experiences. The team at NEAR Protocol is also confident in its push for chain abstraction.

However, concerns have been expressed about what will happen to security once the integration is complete. The NEAR Foundation announced that Ethereum will continue to provide all security guarantees as normal. Another advantage mentioned is the quality of the project with access to support and compatibility options.

In the future, NEAR and Polygon plan to collaborate on research to build zkWASM. This opens up the possibility for developers to build their own zkWASM chains on NEAR DA.

NEAR and MATIC continue to struggle in the market despite their announcements. NEAR was trading at $3.03, down 9.25% in the last 24 hours. It also reflects a decline of 14.15% over the past 7 days and a rise of 10.65% over the past 30 days. At the time of writing, its market capitalization is down 9.20%, while its 24-hour trading volume is up nearly 13.08%.

MATIC isn’t exactly having the time of his life. The token plunged 3.85% in the last 24 hours to trade at $0.7862. It is down 13.57% over the past 7 days and down 2.43% over the past 30 days. Market capitalization and 24-hour trading volume fell 3.37% and 14.46% in the same order.

The integration of NEAR DA and Polygon CDK comes just days after the NEAR Foundation reported a strong presence in a market valued at over $285 million in fiat. It also holds 305 million NEAR tokens worth ~$1 billion, along with $70 million in loans and investments. This means the NEAR Foundation is well-positioned for all future developments and growing projects.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

Bitcoin Price Struggle $ 113K -Will Bulls take a break?

September 9, 2025

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025

Ethereum Based Meme Coin Pepeto Presale Past $6.6 Million As Exchange Demo Launches

September 12, 2025

BlockchainFX Raises $7.24M In Presale As First Multi-Asset Super App Connecting Crypto, Stocks, And Forex Goes Live In Beta

September 12, 2025

Phemex Launches Multi-Assets Mode To Enhance Trading Efficiency And Risk Management

September 12, 2025

Ethereum Meme Coin Little Pepe Crosses $25M, Announces 15 ETH Giveaway

September 12, 2025

DOLLUM Expands Wallet Opportunities, Introducing New Security Features Following The DOL Token Sale

September 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025
Most Popular

AI DePIN io.net, powered by Solana, begins keynote speech at IO Summit

June 5, 2024

Ethereum Price Struggle: Reaching Resistance and Facing Challenges

June 20, 2024

Altcoin Up More Than 20,000% Year-to-date and 9 Others See a ‘Big Whale Migration’: Santiment

December 22, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.