Furthermore, Polygon users on OpenSea have also witnessed an incremental rise over the past year. Additionally, the number of users have crossed more than 1 million.Polygon’s NFT volumes too, have seen some growth. However, there has been some decline after the volume reached 1.2 million on 14 September.That’s not all as there is more to Polygon’s growth than just the aforementioned information.This implied that Polygon’s team has been working on new improvements and updates.
Currently at -0.107, it can be stated that the negative sentiment outweighed the positive at press time. However, judging from the sentiment’s general direction, the crypto community could have a change of heart soon.Upon jumping ship to the downsides of Polygon, a few concerning factors do make it to the top of the list.
Polygon’s circulating marketcap has been dwindling since the past week and witnessed a downfall by 17.74%. Furthermore, MATIC’s market cap dominance has took a hit and declined by 6.89% in the past week.Polygon, on 19 September, announced another collaboration with E-commerce to commence a digital treasure hunt. This may lead to a massive adoption of MATIC and could help Polygon’s ecosystem grow.Subscribe to get it daily in your inbox.
Polygon’s circulating marketcap has been dwindling since the past week and witnessed a fall by 17.74%. Furthermore, MATIC’s market cap dominance has took a hit and declined by 6.89% in the past week. But these negative events haven’t interfered with its partnerships and collabs.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: financialpost - 🏆 7. / 85 Read more »
Source: fpinvesting - 🏆 43. / 63 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »