Polygon recorded unprecedented growth in July- Decoding ‘why’

ambcrypto.com:

Polygon [MATIC] registered tremendous gains throughout July across the crypto market. Between the start of the month and its end, MATIC made over 80% in profits.

It recorded an uptick from $0.46 to $0.97 within thirty days, as per CoinMarketCap.

Interestingly, the Polygon ecosystem did not just hold all the good parts for its token.

According to its weekly update, Polygon contributed to the giant strides recorded by the NFT and Play-to-Earn (P2E) projects deployed on its chain.

Besides the recent MATIC rally, Polygon increased its daily transaction with an uptick of 2%, moving it up to 2.89 million.

The web3 infrastructure ecosystem took it further as it managed a 13% cheaper transaction fee at an average of $0.02.

Additionally, Defence Heroes, the top P2E built on the Polygon protocol, grew its userbase by 460% over the past week. 

• #Acentrik by Mercedes-Benz deployed #onPolygon •Popular P2E game @CrazyDefenseEN grew its userbase by 460% • Daily transactions climbed to 2.89 Mn (+2%), with txn cost at $0.02

Find more weekly stats in the new #PolygonInsights