- Polygon noticed a surge in its DEX quantity just lately.
- MATIC rose to its highest stage in weeks.
The Polygon [MATIC] community boasted of the best quantity of Decentralized Trade (DEX) customers. As per Sea Launch’s information on Dune Analytics, at press time, Polygon’s DEX quantity exceeded $1.6 billion.
This positioned the community as having the fourth-largest DEX quantity at press time, marking the best stage noticed in over a yr. Earlier in March 2023, the quantity was roughly $1.5 billion.
Supply: Dune Analytics
Moreover, when analyzing the variety of DEX customers, Polygon ranked third. On the time of this evaluation, the community boasted over 204,000 DEX customers.
Polygon PoS maintains 1 million threshold
In latest days, Polygon’s Proof-of-Stake (PoS) addresses confirmed a constant uptrend. The rise began from across the twenty second of February, surpassing the 1 million mark at the moment.
Supply: Polygonscan
This determine had escalated to over 1.22 million by the twenty ninth of February, marking its historic peak. On the time of this writing, the variety of energetic PoS addresses was round 1.21 million.
Mixed with the insights from the evaluation of DEX quantity, it turns into evident that the community has skilled heightened exercise prior to now few weeks.
TVL maintains $1 billion
The Polygon community’s Complete Worth Locked (TVL) has exhibited constructive development. AMBCrypto’s evaluation of the TVL through DefiLlama confirmed a gradual upswing, which was initiated earlier within the previous month.
The TVL was round $1.4 billion on the time of this writing.
This can be a vital indicator of the heightened exercise throughout the Polygon community. Furthermore, the slight elevation in TVL aligns with the surge that MATIC, the native token, has just lately witnessed.
How a lot are 1,10,100 MATICs price at this time?
MATIC ends sturdy however begins weak
AMBCrypto’s analysis of MATIC’s worth trajectory revealed a concluding surge of over 6% within the previous week. MATIC achieved a buying and selling place at roughly $1.09, marking its highest level in latest weeks.
Nonetheless, on the time of this writing, it was traded at round $1.06, registering a decline of over 2%.
Supply: TradingView