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Polygon's Fees and Revenue Plummet as Network Stats Stagnate, but Gaming Ecosystem Thrives

June 28 (Cointime) - Polygon's network statistics have stagnated over the past few months, with daily active addresses and transactions plateauing and a decline in usage and adoption. The network's value and fees have also declined sharply, leading to a plummet in revenue.

However, Polygon's gaming ecosystem has been thriving with a recent partnership with Immutable, which has onboarded more games than ever before.

Despite this growth, MATIC's price has declined and its supply distribution is bearish, with an increase in supply on exchanges and a decline in supply outside of exchanges. Additionally, Polygon's open interest has declined, indicating a possible trend reversal.

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