2023-09-19
Astar Network is a layer 1 and a smart
contract blockchain. It runs on Polkadot network as a Polkadot Parachain. Astar
is one of the most popular blockchains in Japan.
Astar Network on X (twitter.com)
On September 13, 2023, Astar announced
plan to move from Polkadot Parachain to Ethereum layer 2. Astar has chosen
Polygon Chain Development Kit (Polygon CDK) to build its layer 2 blockchain.
Sandeep Nailwal | sandeep. polygon on X (twitter.com)
Astar called it Astar zkEVM or Astar ZK
Ethereum Virtual Machine. Polygon CDK is a Polygon development tool kit that
allow developers to build their own zkEVM blockchains. Astar will have functionality
of Ethereum-connected blockchain because it will build as a layer 2.
Polygon is the leader in zkEVM rollups.
Astar will inherit the functionalities that Polygon zkEVM has.
Astar (ASTR)
Ranking: 100th
largest crypto by market cap.
Market cap: $267.9 million
Fully diluted market cap: $402.6 million
As of September 19, 2023.
