Polygon (MATIC) has been one of the handfuls of projects that have amassed the crypto-verse, with its utility and sprawl on the charts. Not to miss out, Polygon has also changed the perception of the crowd around layer-2 protocols. The network has now set up a touchstone for emerging layer-2 protocols in the crypto market.
Compared to the Ethereum price and Solana price, the Polygon price is undoubtedly performing excellently and has high potential in the coming days. Polygon's daily active users have witnessed massive growth since Q4 2022, surpassing Ethereum's daily active users. MATIC is one of the highest-valued crypto coins which automatically has attracted many investors.
Its native token MATIC is an ERC-20 token that powers the Polygon Network. MATIC has portrayed impressive price runs in the recent past and boasts an astonishing ROI of 28,027.53%.
Polygon is listed among the top 20 most-valued cryptocurrency. So MATIC price prediction plays an important role as this crypto is highlighted. It has collaborated with many technologies and companies to build a stronger and more secure network. MATIC has helped to make transactions faster and more reliable. It has recently reduced its CO2 emission in a high volume. Which has helped the company gain more trust among its users.
The Polygon platform operates using the Ethereum blockchain and connects Ethereum-based projects. If Polygon price seeks impetus from the growing adoptions and developments in the protocol. The price could close the yearly trade for 2023, with a potential high of $1.8351.