Polygon overtakes Solana by market cap- MATIC’s journey to moon guaranteed?

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Polygon became the 10th largest crypto in terms of market cap. Metrics remained bullish over the last week. Polygon [MATIC] reclaimed its position as the 10th largest cryptocurrency in the world in terms of market capitalization by flipping Solana [SOL]. Thanks to MATIC’s recent price action, which helped the network once again enter the top […]

This partnership will make the Polygon NFT space more secure for its users. However, despite this, Santiment’s chart revealed that the total NFT trade counts and trade volume in USD in the Polygon network registered a decline over the last week.

Interestingly, a few days ago, Polygon managed to outperform Ethereum in terms of daily active addresses, as it ranked second on theIs your portfolio green? Check theA look at Polygon’s on-chain metrics revealed quite a few factors that have fueled MATIC’s latest price pump. For example,

 

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It is, but also $SOL

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Arbitrum outperforms Polygon and Optimism in this key areaArbitrum generated higher revenue compared to other L2 solutions with no token incentives. NFT trading volume surged on Arbitrum. Arbitrum was observed to be generating more revenue when compared to other layer-2 solutions like Optimism and Polygon. According to data provided by the token terminal, Arbitrum generated $14.4 million in revenue without accumulating any overhead […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

Polygon’s [MATIC] price shoots up after recording handsome growth in…DeFi protocols powered Polygon’s network growth. MATIC’s price rallied by over 10% at press time. Polygon’s [MATIC] fantastic 2023 continued and investors couldn’t have asked for more. As a crypto market analyst revealed on 26 January, the scaling solution surpassed Ethereum [ETH] in daily active users by blockchain, hitting more than 344k users at press […]
Source: CryptoAmb - 🏆 22. / 68 Read more »