Share this article
ConsenSys Tools Infura, Truffle Now Support Ethereum Scaling Project Polygon
The two products should make life easier for developers on Polygon.
Updated Sep 14, 2021, 12:54 p.m. Published May 12, 2021, 3:00 p.m.
Developing decentralized apps (dapps) on the Ethereum scaling project Polygon is set to be a simpler affair with the network now supported by two tools from ConsenSys.
STORY CONTINUES BELOW
- Being added to ConsenSys' Infura and Truffle products, alongside Ethereum and IFPS, allows developers to program and run dapps on Polygon's network as easily as they would on a cloud platform, according to an announcement Wednesday.
- Infura enables developers to connect to Ethereum via an API without having to run a full node, and it underpins the majority of dapps on the network.
- Polygon, formerly known as Matic, is now looking to offer this same accessibility to the decentralized finance (DeFi)-focused protocols it supports.
- Truffle, meanwhile, brings tools that help developers build and deploy their dapps, like boilerplate projects.
- Polygon recently announced the launch of a $100 million “#DeFiforAll” fund to make DeFi more accessible to a larger number of users in the face of mounting Ethereum gas fees.
- With those fees currently at recent highs – and seen as an urgent problem for the Ethereum ecosystem – Polygon says its average cost per transaction of $0.000371 will cut costs for users making swaps.
- At time of writing, the project's MATIC token is trading at $1.19, having hit an all-time high of $1.22 earlier on Wednesday, according to CoinGecko.
See also: Scaling Narrative Propels Polygon’s MATIC Token Closer to $1
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Solana’s Drift Launches v3, With 10x Faster Trades
With v3, the team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larger trades down to around 0.02%.
What to know:
- Drift, one of the largest perpetuals trading platforms on Solana, has launched Drift v3, a major upgrade meant to make on-chain trading feel as fast and smooth as using a centralized exchange.
- The new version will deliver 10-times faster trade execution thanks to a rebuilt backend, marking the largest performance jump the project has made so far.
Top Stories
