Polygon (MATIC) — Ethereum’s Internet of Blockchains
As more users rely on Ethereum, gas fees go up, and with it, the demand for low-cost Layer-2 scaling solutions.
The Total Value Locked (TVL) on all Ethereum Layer-2’s recently surpassed $7.165B, and the curve is up and to the right.
Polygon ($MATIC) accounts for half of that amount and recently surpassed Ethereum in daily active users (DAU) for a brief moment. In the past several months, the project’s growth has been astounding.