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Polygon (MATIC) At $1.15 As Strong On-Chain Developments Continue

Polygon (MATIC) has continued its strong ascent after over a week-long of volatility. The token is now trading at $1.14 being up 45.3% in the monthly timeframe.

Analysts have been considerably bullish after the token breached $1.

With solid on-chain development fueling the current bullish sentiment for MATIC, we might see more positive price movement for the crypto in the coming days or weeks.

In this week’s roundup, Polygon successfully hard forked for improved performance. According to the video, the upgrade is focused on Polygon’s way of handling reorgs and gas spikes. Reorgs are a temporary copy of the entire blockchain of the ecosystem. Reducing this improves the user experience of the blockchain.

(By Christian Encila)

Polygon Polygon $0.56
+3.62%
Polygon
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