Polygon (MATIC) Records 22% Weekly Gains Despite Crypto Winter — Here’s Why
As the merciless crypto storm slowly begins to fade, most of the top 100 cryptocurrencies have been left licking their wounds, while only a select few have managed to record profits in the double digits, paving the way for a crypto renaissance. Polygon (MATIC) is one of them.
Polygon (MATIC) is a Layer-2 solution compatible with the Ethereum (ETH) blockchain. The company made a historic breakthrough yesterday, when Disney announced that it had picked Polygon (MATIC) for its ‘Accelerator Program’.
Interrupting the #GreenBlockchainSummit for some breaking news!
We’re excited to be the only blockchain chosen to be a part of the Disney Accelerator program.
— Polygon — MATIC
(@0xPolygon) July 13, 2022
The company has plans to be among the leaders in Web 3.0, so building on the top smart contract platform is a top priority, especially with ETH 2.0 just around the corner. Polygon (MATIC) experienced its all time low at $0.31 on June 18th, but has since rocketed upward to its prive of $0.69
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