Polygon (MATIC) Records 22% Weekly Gains Despite Crypto Winter — Here’s Why

thecryptocoinreport.com
2 min readJul 16, 2022
Polygon (MATIC) Records 22% Weekly Gains Despite Crypto Winter – Here’s Why

- Disney has selected Polygon (MATIC) for its 2022 Accelerator Program.

- Polygon recently scored deals with Coca-Cola & Reddit.

- Terra Luna-based projects are migrating en-masse to Polygon.

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’.

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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.

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— Polygon — MATIC

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(@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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Source: #Dailycoincom
Source: thecryptocoinreport.com

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