Polygon MATIC surged 16% in the past week, reaching a 48% surge since late December last year. The token is currently valued at $1.09 after an upsurge in daily transactions, which lists it as the second-largest for DAUs, beating ethereum (ETH) and solana (SOL).
In one week, Polygon’s MATIC has surged by 16%, now priced at $1.10 at the time of writing. Since December 2022, the token has surged by 48%, making it the second-largest asset per daily active users, recording over 344,000 users trailing behind Binance’s BNB. The token has a $1.19 billion trading volume with a $9.4 billion market cap.
MATIC’s increase in daily active users was fostered by the recent partnerships announced over the past months. Also, it did launches, such as the most recent one yesterday, via an AMA with Ovix Protocol. According to the recent Twitter thread, the AMA explores 2023’s largest DeFi natives, LSD, and zero-knowledge EVM (zk-EVM).
Source: https://crypto.news/polygon-matic-price-surges-by-16-in-a-week/