Despite certain financial decline, Polygon sees significant growth in Q2 2024.
Odaily reports that despite a partial fall in some financial data, Polygon saw a large increase in the number of MATIC holders in the second quarter of 2024, with a year-over-year gain of around 76%. This information is based on a research provided by Coin98 Analytics.
With 28 million more unique addresses, the second quarter’s network indications revealed that Polygon’s transaction volume surpassed 370 million. When compared to the same period last year, this indicates a significant growth.
Regarding indicators of ecosystems, Polygon’s Total Value Locked (TVL) reached over $820 million by the course of the second quarter. Additionally, there were over 41 million new NFTs added, and there were 40% more unique NFT buyers annually. This data indicates that despite a few financial downturns, Polygon’s ecosystem has grown robustly.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: Binance News