- Polygon emerges as the most well-liked blockchain in 2023 to this point.
- Knowledge from NFT Tech reveals that Polygon’s recognition has nearly doubled from that of 2022.
- Polygon additionally dethroned , which gained the highest spot in 2022.
Polygon has change into the most well-liked blockchain in 2023 to this point, in accordance with the most recent knowledge. The information, which was curated by NFT Tech, was shared by Ryan Wyatt, the president of Polygon Labs.
We have made important progress at @0xPolygonLabs, as this graph reveals. Nonetheless, the street forward this 12 months is essentially the most thrilling as we concentrate on: long-term protocol methods empowering each developer in our neighborhood activating flywheels in potential PMF areas pic.twitter .com/cVVb8bShMr
— Ryan Wyatt (@Fwiz) Could 17, 2023
Sharing the information, Wyatt stated the Polygon crew is targeted on long-term protocol methods with a imaginative and prescient to empower each developer of their neighborhood. Knowledge reveals that Ethereum, which led to its recognition in 2022 because of its recognition, liquidity, and excessive variety of energetic customers, has been dethroned by Polygon.
The most recent knowledge now reveals that the tide has tipped in Polygon’s favor. The graph reveals that Polygon’s recognition has elevated from 23% in 2022 to 41% in Q1 2023. This has additionally attracted some notable trade gamers together with Nike (NYSE:), Reddit and Starbucks (NASDAQ:).
Knowledge from NFT Tech reveals that Polygon in recognition is Immutable X, adopted by Palm and others.
Polygon additionally noticed progress and a rise in buying and selling quantity on Polygon zkEVM, which reached all-time highs. Knowledge reveals that there was a 70% enhance in Complete Worth Locked (TVL), representing the most important week-over-week bounce since launch. Could 14 additionally witnessed the single-day document for the very best profitable commerce quantity: 13,000+.
One other fascinating factor to notice is that whereas transaction charges on different blockchains, together with , have skyrocketed amid the meme coin frenzy, Polygon’s charges have come down even throughout the interval. most exercise. Moreover, the optimistic buying and selling knowledge has additionally pushed MATIC’s value up by 2.8% prior to now 24 hours. In line with knowledge from CoinMarketCap, MATIC is buying and selling at $0.8784 at press time.
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