Polygon’s DeFi space shows increased promise: How will MATIC react?

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Polygon’s DeFi space shows increased promise: How will MATIC react?
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MATIC flipped SHIB to become the most traded token among whales. MATIC’s weekly chart was green and market indicators suggested a further price hike. Polygon [MATIC] has shown growth in its DeFi space over the past, with several new integrations that help increase the network’s offerings and capabilities. The latest one is the integration with […]

According to the official announcement on 4 February, Dopex’s launch on Polygon brought with it Atlantic Straddles and SSOVs to the DeFi ecosystem. Polygon mentioned that this launch was a step forward for Dopex, allowing the platform to reach a wider audience and provide more opportunities for users to take advantage of its innovative features.

as its Total Value Locked gained an upward momentum since the beginning of this year. MATIC’s price also responded positively to these developments, and its daily and weekly charts were painted green., MATIC was up by over 3% and 6% in the last 24 hours and past week, respectively. At press time, it was trading at $1.23, with a market capitalization of more than $10.7 billion.

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