Polygon (MATIC) has achieved a major milestone in the world of blockchain gaming and decentralized finance (DeFi). It has become the clear front-runner in the GameFi domain, with the highest number of active wallets among all Layer-1 solutions in the last 90 days. This accomplishment is particularly noteworthy as Polygon has captured an impressive 35% share of the 3.5 million active GameFi wallets, outpacing all other Layer-1 blockchains.
MATIC experiences a bullish surge in the GameFi industry
Polygon has become the clear leader in the GameFi sector, as it has the highest number of active wallets among all Layer-1 solutions in the past 90 days, with a 35% share of the 3.5 million active GameFi wallets.
This accomplishment is attributed to Polygon’s scalability, low fees, and fast transactions, which contribute to an optimal gaming experience.
Despite this achievement, recent reports suggest that MATIC’s price has been steadily declining, with Solana surpassing MATIC in market capitalization. In March, Polygon reported a significant surge in daily active wallet users, allowing it to overtake Hive and become the second most popular gaming chain after Wax.
MATIC has been trading bullishly in the last 24 hours, with a 2.34% price increase, but it represents a 6.33% decrease in the past 7 days. Bulls have established support and resistance levels at $0.8495 and $0.8765, respectively, with a trading volume of $335,543,353 and a market capitalization of $8,086,437,468. The current circulating supply of MATIC is 9.2 billion.
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