WHY MATIC IS CONSIDERED A GOOD INVESTMENT OF FUTURE
To start: Polygon's mission as stated on their website is to scale and bring ethereum to the world.
In June 2021 they launched the $MATIC Network Mainnet (later rebranded as Polygon) as an EVM compatible sidechain to Ethereum.
Since their June 2021 launch the Polygon network has seen significant adoption as shown by multiple on-chain metrics.
By the #'s:
- 3mm+ daily txns
- 30+ daily token deployments
- 30,000+ daily contract deployments
Furthermore, all of these transactions are being facilitated by sub-dollar gas prices!
Daily active addresses have also been on the rise, clocking in about 300k active / day.
Lastly, Polygon just announced that they are launching an EVM compatible zkRollup:
- Supports all EVM opcodes
- Inherits all of ETH L2 security guarantees
- and is fully open source!
Despite the bear mkt, the Polygon team have been hard at work shipping tons of new developments and deserve every bit of success they've earned.
This research is possible using on-chain data
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