Polygon is Ethereum's first successful L2 solution. Aside from the main product, Polygon blockchain, the project also offers solutions based on the ZK and SNARK algorithms.
One of the main narratives for 2023 is blockchain and ZK-based solutions; we can assume that when zkSync, StarkNet, and other similar projects emerge, Polygon will grow alongside them, because market participants will find that all of these technologies are already implemented and used in Polygon.
Current metrics
Polygon is aggressive, and the average user is much more likely to hear about Polygon than Aptos/Solana/Near. Polygon develops solutions that, like Ethereum, do not require high transaction costs. Polygon has a well-established ecosystem and its own user base. Polygon has a chance to become the most widely used blockchain project.
Share your thoughts about Polygon in a comments section with us and check links below to trade Polygon with our exchange!
Thanks for reading!
One of the main narratives for 2023 is blockchain and ZK-based solutions; we can assume that when zkSync, StarkNet, and other similar projects emerge, Polygon will grow alongside them, because market participants will find that all of these technologies are already implemented and used in Polygon.
Current metrics
- Price: $1.09
- ATH price: $2.8
- M.cap: $9.5b
- ATH M.cap: $20.5b
- FDMC: $10.8b
- Price change in a year: -57%
- Maximum price change in a year: -87%
- Meta
- Nike
- Htc (smartphones production)
- Reddit
- Robinhood
- JPMorgan
- DraftKings
- Adobe
- Liverpool
- Starbucks
- Adidas
- Prada
- Stripe
- Nothing
- NFL
- While Ethereum solves scalability and gas price reduction issues
- Solana is trying to address user churn, liquidity, and network sustainability issues
- Near is trying to establish itself in the market, develop marketing strategies, and attract developers
- Aptos is emerging as an ecosystem
- Sui, Sei, Arbitrum, ZK and STARK are getting ready to go to market
Polygon is aggressive, and the average user is much more likely to hear about Polygon than Aptos/Solana/Near. Polygon develops solutions that, like Ethereum, do not require high transaction costs. Polygon has a well-established ecosystem and its own user base. Polygon has a chance to become the most widely used blockchain project.
Share your thoughts about Polygon in a comments section with us and check links below to trade Polygon with our exchange!
Thanks for reading!