2021-5-18 15:27 |
Polygon, a multichain scalability platform for Ethereum, has added no less than 75,000 new users over the past week, according to data from DappRadar.
DeFi Users Flock To PolygonThe 75,000 users refer to the new active wallets that interacted with the decentralized applications (DApps) from the top 20 Polygon apps. The Dapps volume also rose to about $1 billion due to the increase in users.
Lithuania-based DappRadar tracks the data of over 5,000 Dapps from more than 20 blockchains.
The data also revealed that the number of submitted and now tracked Polygon DApps on DappRadar has risen from 61 to 93.
46 of the 93 DApps are in the decentralized finance (DeFi) and Exchange categories.
Data shows that the three DApps currently dominating the Polygon network are QuickSwap, Aave, and new entrant ParaSwap.
AAVE 7.04%
Aave / USD
AAVEUSD
$ 615.22
$43.31
7.04%
Volume 1.9 b
Change $43.31
Open $615.22
Circulating 12.75 m
Market Cap 7.85 b
baseUrl = "https://widgets.cryptocompare.com/";
var scripts = document.getElementsByTagName("script");
var embedder = scripts[scripts.length - 1];
var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}};
(function () {
var appName = encodeURIComponent(window.location.hostname);
if (appName == "") {
appName = "local";
}
var s = document.createElement("script");
s.type = "text/javascript";
s.async = true;
var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=AAVE&tsym=USD';
s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName;
embedder.parentNode.appendChild(s);
})();
9 min
Coinbase Enables its Over A Million Wallet Users to Use DeFi — DEXs, NFTs, & More
1 h
DeFi Mania Sees Polygon Adds 75,000 Active Users in Seven Days; MATIC Price Soars to $2.19
21 h
Software Provider Temenos Enables Crypto Trading for Banks
QUICK 23.22%
QuickSwap / USD
QUICKUSD
$ 897.17
$208.32
23.22%
Volume 11.97 m
Change $208.32
Open $897.17
Circulating 159.75 K
Market Cap 143.32 m
baseUrl = "https://widgets.cryptocompare.com/";
var scripts = document.getElementsByTagName("script");
var embedder = scripts[scripts.length - 1];
var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}};
(function () {
var appName = encodeURIComponent(window.location.hostname);
if (appName == "") {
appName = "local";
}
var s = document.createElement("script");
s.type = "text/javascript";
s.async = true;
var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=QUICK&tsym=USD';
s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName;
embedder.parentNode.appendChild(s);
})();
Polygon’s native token, MATIC, is also winning. It skyrocketed this past week as cryptocurrencies with larger market caps declined. The token jumped up 33.08% in the last 24 hours and is currently trading at $2.19.
Polygon Soaring Amid DeFi BoomThis report highlights the growing demand for Ethereum layer-two decentralized applications. DappRadar stated that Polygon is currently experiencing the most successful period due to the increased influx of new DeFi dapps and the increased transactions on the network.
This is attributed to the high gas fees on Ethereum (ETH) that continue to push investors towards cheaper and faster means to carry out their transactions in the DeFi sector.
In February 2021, Matic Network transformed from being just an Ethereum layer two scaling solution to an interoperable blockchain scaling framework called Polygon.
Polygon is described as Ethereum’s internet of Blockchains, designed to facilitate a future where different blockchains can co-exist and work as networks rather than operating as closed-off silos, as they do now. Other blockchain interoperability projects that exist include the likes of Polkadot (DOT) and Cosmos (ATOM).
DOT -3.72%
Polkadot / USD
DOTUSD
$ 38.47
-$1.43
-3.72%
Volume 3.72 b
Change -$1.43
Open $38.47
Circulating 938.83 m
Market Cap 36.12 b
baseUrl = "https://widgets.cryptocompare.com/";
var scripts = document.getElementsByTagName("script");
var embedder = scripts[scripts.length - 1];
var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}};
(function () {
var appName = encodeURIComponent(window.location.hostname);
if (appName == "") {
appName = "local";
}
var s = document.createElement("script");
s.type = "text/javascript";
s.async = true;
var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=DOT&tsym=USD';
s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName;
embedder.parentNode.appendChild(s);
})();
1 h
DeFi Mania Sees Polygon Adds 75,000 Active Users in Seven Days; MATIC Price Soars to $2.19
6 d
Positive Momentum for Ethereum Continues with Another $60 Million in Inflows: CoinShares Report
1 w
BoE Governor Andrew Bailey Says Crypto Investors Trading In A Bubble
ATOM -6.28%
Cosmos / USD
ATOMUSD
$ 21.82
-$1.37
-6.28%
Volume 700.59 m
Change -$1.37
Open $21.82
Circulating 210.77 m
Market Cap 4.6 b
baseUrl = "https://widgets.cryptocompare.com/";
var scripts = document.getElementsByTagName("script");
var embedder = scripts[scripts.length - 1];
var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}};
(function () {
var appName = encodeURIComponent(window.location.hostname);
if (appName == "") {
appName = "local";
}
var s = document.createElement("script");
s.type = "text/javascript";
s.async = true;
var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=ATOM&tsym=USD';
s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName;
embedder.parentNode.appendChild(s);
})();
1 h
DeFi Mania Sees Polygon Adds 75,000 Active Users in Seven Days; MATIC Price Soars to $2.19
3 w
Nexus Mutual Expands Insurance to Cover Binance Smart Chain and Polkadot Users
1 mon
Plasm Network Partners with Secret Network to Launch the First Polkadot-Cosmos Cross-Chain Bridge
ETH -3.17%
Ethereum / USD
ETHUSD
$ 3,354.19
-$106.33
-3.17%
Volume 45.66 b
Change -$106.33
Open $3,354.19
Circulating 115.92 m
Market Cap 388.83 b
baseUrl = "https://widgets.cryptocompare.com/";
var scripts = document.getElementsByTagName("script");
var embedder = scripts[scripts.length - 1];
var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}};
(function () {
var appName = encodeURIComponent(window.location.hostname);
if (appName == "") {
appName = "local";
}
var s = document.createElement("script");
s.type = "text/javascript";
s.async = true;
var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=ETH&tsym=USD';
s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName;
embedder.parentNode.appendChild(s);
})();
9 min
Coinbase Enables its Over A Million Wallet Users to Use DeFi — DEXs, NFTs, & More
36 min
ETH Speculators Returning to the Market, Making Some Cautious
1 h
Gold Is Trying to Steal the Limelight Back from Bitcoin, Which is Waiting for Direction
Meanwhile, Polygon has been making several collaborations lately. The scaling network just signed a partnership with decentralized finance ecosystem YFDAI finance. The partnership will see Polygon help YFDAI reduce its gas fees.
1inch Network, a decentralized exchange aggregator, just expanded its aggregation protocol to Polygon. Last month, decentralized finance (DeFi) protocol mStable also launched on the Polygon chain.
1INCH -2.01%
1inch / USD
1INCHUSD
$ 4.87
-$0.10
-2.01%
Volume 184.22 m
Change -$0.10
Open $4.87
Circulating 167.28 m
Market Cap 814.78 m
baseUrl = "https://widgets.cryptocompare.com/";
var scripts = document.getElementsByTagName("script");
var embedder = scripts[scripts.length - 1];
var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}};
(function () {
var appName = encodeURIComponent(window.location.hostname);
if (appName == "") {
appName = "local";
}
var s = document.createElement("script");
s.type = "text/javascript";
s.async = true;
var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=1INCH&tsym=USD';
s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName;
embedder.parentNode.appendChild(s);
})();
1 h
DeFi Mania Sees Polygon Adds 75,000 Active Users in Seven Days; MATIC Price Soars to $2.19
5 d
Another $25 Million Gone, This Time xToken Was Exploited
1 w
Ethereum is Literally Unusable; Fees Surge to New ATH as Dogs Take Over the Network
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
Fanaticos Active (FCA) на Currencies.ru
|
