Polygon (MATIC) price has registered an intense bullish stride seen the past couple of weeks. The coin’s upcoming merge with Ethereum seems to have triggered the rebound.
MATIC price is hugely bullish ramming to a high of $0.9075, which is a little under July’s ATH seen at $1.01. MATIC has spiked by more than 190% compared to the lowest level figure registered in July which hauls its total market capitalization to a little above $6.7 billion.
Polygon Making Solid Ties
Polygon is a revolutionary layer-2 cryptocurrency scaling solution with an aim to amplify applications built in the Ethereum network. Polygon is able to scale a plethora of applications by processing the transactions outside of Ethereum network.
It is said to process 65,000 transactions per second