Polygon, a Layer-1 blockchain solution, has been dominating the GameFi sector with the highest number of active wallets over the past 90 days. This proliferation of wallets is attributed to the platform’s scalability, low fees, and high-speed transactions. Despite this, the native token of Polygon, MATIC has experienced a 6.33% decrease in the value in the past 7 days. However, in the last 24 hours, MATIC has seen an increase of 2.34%, standing at $0.8738. The trading volume of MATIC is currently reported to be $335,543,353 with a market capitalization of $8,086,437,468 and a circulating supply of 9.2 billion MATIC. Meanwhile, Solana has now surpassed MATIC in terms of market capitalization. It was earlier in March when Polygon saw a remarkable monthly surge of 53% in daily active wallets number, placing it second to Wax in the gaming sector. Polygon continues to set a support level of $0.8495 and a resistance level of $0.8765, indicating a bullish surge for MATIC.
Leonardo Cox
- 2023-05-15
Polygon Dominates SGF Sector With MATIC Value Decrease
Polygon has been dominating the GameFi sector with the highest number of active wallets over the past 90 days. Despite this, the native token of Polygon, MATIC has seen a 6.33% decrease in the value in the past 7 days. However, with a market capitalization of $8,086,437,468 and a circulating supply of 9.2 billion MATIC, Solana has now surpassed MATIC in terms of market capitalization.
