How does Polygon [MATIC] fare amidst emerging L2 solutions? Assessing…

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How does Polygon [MATIC] fare amidst emerging L2 solutions? Assessing…
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How does Polygon [MATIC] fare amidst emerging L2 solutions? Assessing...

in terms of daily activity. Both these solutions were rumored to launch token airdrops soon.

The hype around airdrops may be enough to propel activity on both these networks to new heights. After the tokens for these respective networks get launched, the activity on the networks may surpass that of Polygon, leaving Polygon in the dust.In terms of the DeFi sector, it could be safe to say that the protocol may still continue to show growth. The TVL on Poygon’s zkEVM protocol continued to rise over the last few months.

that zkEVM ecosystem is preparing for significant growth with the deployment of critical infrastructure such as Safe and Chainlink oracles, as well as user experience improvements based on early developer feedback and cost optimizations through data compression.how the network could possibly have an airdrop of its already existing token MATIC for its users.

The growth in the NFT sector will also help the protocol with the competition. Reddit’s recent collaboration with Polygon resulted in 8.7 million users being onboarded to the Web3 space.

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