- Polygon (MATIC) eclipses Ethereum (ETH) and Solana (SOL) in daily user count, recording a notable 428,913 users within the last 24 hours.
- A substantial blockchain transition is in the pipeline for Polygon, preparing to evolve from a sidechain to a zkEVM-Validium Layer-2 blockchain.
The Battle of User Numbers
Per data accumulated by DeFi analysis platform, DeFiLlama, Polygon registered an impressive 428,913 users within the span of the last 24 hours. In comparison, Ethereum and Solana could only muster up 305,394 and 120,873 users respectively during the same period. This shift in user preference underscores Polygon’s escalating clout in the world of DeFi.
Beyond user engagement, Polygon is rapidly closing the gap in the realm of DeFi protocols hosted on its platform. While Ethereum still retains the top spot with 856 protocols, Polygon’s count of 446 is not far behind and exhibits its burgeoning influence in the DeFi space.
Polygon’s Future Trajectory
More intriguingly, Polygon is planning a remarkable transition, an overhaul that aims to redefine its current framework. The sidechain is geared towards transforming into a zkEVM-Validium Layer-2 blockchain, an upgrade that is set to amplify its technological prowess and efficiency in handling smart contracts and dApps.
>> Buy Polygon quickly and securely with PayPal, credit card or bank transfer at eToro with low fees and deposit protection. Get started with MATIC now. Visit Website <<
This development comes at a time when MATIC’s price is witnessing an optimistic trend. As of writing, MATIC registers a 2.8 percent increase in a 24-hour comparison, underscoring a positive market sentiment towards the token.
These events lay the groundwork for Polygon’s increasing significance within the crypto sphere. As it advances beyond Ethereum and Solana in user numbers and braces for a major blockchain transformation, Polygon is poised to solidify its position as a formidable force in the realm of blockchain technology and DeFi.
Best Crypto Exchange for Everyone:
- Invest in Polygon and 70+ cryptocurrencies and 3,000 other assets.
- 0% commission on stocks – buy in bulk or just a fraction from as little as $10.
- Copy top-performing traders in real time, automatically.
- Regulated by financial authorities including FAC and FINRA.
2.8 Million Users