Santiment, the leading on-chain analytics company, has shared new data. polygon The number of daily active addresses on the (MATIC) network broke a record with 449.67k on October 12. The record in question was last recorded on November 23, 2021 with 425.24 thousand.
Koinfinans.com As we reported, according to data provided by CoinMarketCap, the native token MATIC At the time of writing, it was trading at $0.7379. This price represents a 12.6% decrease from the previous week. MATIC has a market capitalization of over $6.5 billion.
Despite some bearish price action, Polygon remains one of the leading names in the blockchain industry. Sandeep Nailwal shared a tweet regarding Polygon’s thriving gaming ecosystem. According to the tweet, Polygon remains one of the most important blockchains in the gaming industry.
In addition, Polygon blockchaincontinues to attract the attention of high-end businesses. The most effective scaling solution for Ethereum has already taken significant strides, being widely adopted by major companies including the American National Football League (NFL), Adobe, DraftKings, Reddit, Disney and Starbucks.
In a series of tweets, Sandeep Nailwal explained that the Polygon blockchain protocol is currently used by police in the city of Firozabad in the Indian state of Uttar Pradesh to combat local police corruption and crime.
Polygon has released zkEVM, a layer 2 extension of Ethereum that overcomes scalability challenges by combining the execution of several bulk transfer transactions into a single transaction.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.