BCGAME - Free 5BTC Daily Bonus!The Polygon (MATIC) Proof of Stake (PoS) network has been a cause for celebration after reaching an impressive milestone. On March 13th, it was recorded that daily active addresses on the network reached the historic mark of 1,23 million, demonstrating an unprecedented phase of activity.
This advancement is not just a number; represents the consolidation of Polygon as one of the most robust PoS chains in the industry. Maintaining more than 1 million active addresses daily for 20 consecutive days illustrates the trust and dynamism present in the platform.
With the increase in activity, another aspect of the network that saw significant growth was Total Value Locked (TVL), a key indicator of the health and liquidity of any cryptoasset ecosystem. The growth of TVL on Polygon reinforces the ease with which users can execute DeFi operations, from trading to lending and yield farming, all thanks to improved liquidity that attracts even more participants and projects.
JUST IN: Polygon PoS just reached a new all time high in daily active addresses. (1.23M)
The PoS chain has now recorded 1M+ daily active addresses for 20 consecutive days. pic.twitter.com/PXromSBD3P
— Today In Polygon (@TodayInPolygon) March 13, 2024
In this positive scenario, NFTs on Polygon also play a crucial role, maintaining a high trading volume despite market variations. This scenario indicates constant interest and involvement on the part of users and collectors, reinforcing the added value of NFTs within the Polygon ecosystem.
What about MATIC, the network’s native currency? MATIC was noted to be trading at $1,27, with an increase of 6% in the last 24 hours. This growth is supported by the increase in the number of new addresses interested in MATIC and the acceleration of its trading speed. These factors, together with the growing activity on the network, paint an optimistic picture for MATIC, suggesting a favorable path to sustaining its recovery in the market.
