Polygon [MATIC] has managed to show consistent growth in the L2 space despite the L2 space seeing a rise in the number of projects. However, will Polygon be able to continue this growth in the future given the current situation of the cryptocurrency market? The answer to this question may lie in Polygon‘s long term plans […]
However despite the consistent efforts and collaborations with big brands, the interest in Polygon NFTs was observed to be weaning off. As can be seen from the image below, the NFT trade volume for Polygon went down considerably over the past week.Aside from trying to capture the NFT market, Polygon was trying to grow its influence in the DeFi and daApps space as well.However, there were 35 dapps with a TVL of above $5 million.
The total TVL of Polygon declined significantly over the past two month as is evident from the chart below.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Polygon records 3X growth in this area; still, MATIC faces challengesIn its latest report, Polygon [MATIC] claimed to have recorded remarkable growth in the Decentralized Applications (dApps) arena. According to the third quarter assessment released on 7 October, dApps built on the Polygon chain stood at 53,000. This number represented a 60% increase from Q2 and a 3x growth from March 2022. But you can’t […]
Read more »
MATIC crucial resistance level breaks, bulls plan their next assaultDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon swift to climb past the mid-range mark last week Buyers look to be in control as Bitcoin battles to stay above $19k USDT Dominance has ranged from 7.28% to 7.7% since the third […]
Read more »
Polygon records 3X growth in this area; still, MATIC faces challengesIn its latest report, Polygon [MATIC] claimed to have recorded remarkable growth in the Decentralized Applications (dApps) arena. According to the third quarter assessment released on 7 October, dApps built on the Polygon chain stood at 53,000. This number represented a 60% increase from Q2 and a 3x growth from March 2022. But you can’t […]
Read more »
MATIC crucial resistance level breaks, bulls plan their next assaultDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon swift to climb past the mid-range mark last week Buyers look to be in control as Bitcoin battles to stay above $19k USDT Dominance has ranged from 7.28% to 7.7% since the third […]
Read more »