- Polygon has emerged as the most well-liked blockchain in 2023 thus far.
- Polygon’s reputation will nearly double in 2022, in keeping with knowledge from NFT Tech.
- Polygon, who received first place in 2022, was additionally stripped of the throne.
In keeping with the newest knowledge, Polygon has emerged as the most well-liked blockchain in 2023 thus far. The information, curated by NFT Tech, was shared by Ryan Wyatt, president of Polygon Labs.
We have made nice progress with @0xPolygonLabs, as this graph reveals. Nonetheless, our focus for the 12 months forward is probably the most thrilling one. Lengthy-term protocol technique Empowering all builders inside the group Enabling flywheels in potential PMF areas pic.twitter.com/cVVb8bShMr
— Ryan Wyatt (@Fwiz) Might 17, 2023
Whereas sharing the info, Wyatt mentioned the Polygon workforce is concentrated on a long-term protocol technique with a imaginative and prescient of empowering all builders inside the group. The information reveals that Ethereum, whose reputation, liquidity and variety of energetic customers led to its reputation in 2022, has been overthrown by Polygon.
The newest knowledge reveal that the state of affairs has reversed in Polygon’s favor. This graph reveals that Polygon’s reputation has risen from his 23% in 2022 to 41% in Q1 2023. This has additionally attracted the eye of distinguished trade insiders resembling: Nike (NYSE:), Reddit, Starbucks (NASDAQ:).
Following Polygon in reputation is Immutable X, adopted by Palm and others, in keeping with knowledge from NFT Tech.
Polygon has additionally witnessed a surge in progress and Polygon zkEVM transaction quantity, reaching all-time highs. The information reveals a 70% enhance in complete worth locked (TVL), the most important week-over-week enhance since launch. Might 14th additionally noticed a document excessive of over 13,000 profitable transactions in a single day.
One other fascinating level to notice is that throughout the meme coin craze, transaction charges on different blockchains, together with is. As well as, MATIC’s worth elevated by 2.8% over the past 24 hours because of favorable buying and selling knowledge. As of this writing, MATIC is buying and selling at $0.8784, in keeping with knowledge from CoinMarketCap.
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