UPS Ethereum Provident Action

Exploring MATIC’s long-term potential post Ethereum ‘Merge’

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Ethereum’s Merge date is days away and the countdown has many people wondering about the fate of layer-2 scaling solutions.You may have noticed Ethereum-associated cryptocurrencies and tokens such as MATIC are up substantially in the last few weeks.However, the move to proof of stake will solve some of the scalability issues associated with Ethereum, thus the curiosity about the future of L2s.Polygon is one of the layer-2 solutions whose future might be at stake due to the Merge.However, that will most likely not be the case.Although one of Polygon’s benefits is the rapid transaction count which is miles ahead of the Ethereum mainnet.

Even so, Polygon also provides significantly lower fees.Congestion and high ETH prices are the main reasons for expensive mainnet fees.ETH’s price has gone up ahead of the Merge and will likely continue rallying.

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