- Polygon’s fees, revenue, and daily active addresses declined over the past few days.
- On-chain metrics were bearish, suggesting a further downtrend.
Polygon [MATIC] has been registering a decline in fees and revenue over the last seven days. In addition, Artemis’ chart pointed out that Polygon’s daily active addresses also went down last month.
Read Polygon’s [MATIC] Price Prediction 2023-24
However, Polygon’s co-founder Sandeep Nailwal, in a tweet posted on 4 May, gave hope for a trend reversal. The tweet revealed several developments that happened in the Polygon ecosystem, which could show their impact in the coming days.
Four large scale things happened in @0xPolygon ecosystem in last 10 days
1. Google announced its support for Polygon Supernets(appchains) and committed to supporting startups on Polygon in a joint fund with @0xPolygonLabs
2.Go to Source to See Full Article
Author: Dipayan MitraDid you like this?
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