Despite recent declines in the cryptocurrency market, Polygon (MATIC) sees an uptick in the number of new daily addresses created, with over 600 new addresses created on May 23, indicating growth potential for the Layer 2 blockchain that aims to help Ethereum with its scalability.
Regardless of Polygon (MATIC) taking a cue from the rest of the digital currency market in recording declines in the previous few weeks, the Layer 2 blockchain tech that intends to assist Ethereum (ETH) with its scalability has recently witnessed an uptick in the number of new addresses created daily on it.
As it happens, the number of new MATIC addresses created on the Polygon network daily on May 22 stood at 556, the levels which the blockchain tech has not seen since February 2021, or in over two years, reports by the data shared by prominent cryptocurrency analyst Ali Martinez on May 23.
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