The year 2022 was quite the opposite of eventful for the crypto industry, as the market witnessed a number of crashes that shook investors. Despite the market’s high volatility, Polygon [MATIC] continued to improve its network and hit several milestones along the way.

For instance, Polygon recently mentioned in a blog that its total number of unique addresses reached the 200 million mark. This in itself could be considered as a major achievement, reflecting the increased adoption of the blockchain. 

Despite Polygon’s achievements over 2022, MATIC was seen struggling to push its price upward. This could be attributed to the current bearish market.

According to CoinMarketCap, MATIC registered almost 15% negative weekly gains, and, at press time, was trading at $0.79 with a market capitalization of $6.9 billion.

(by Suzuki Shillsalot)