Price Analysis View Non-AMP

MATIC Price To Skyrocket! Will Polygon Enter The Top-10 Crypto List This Alt-Season?

Written by: Qadir AK

December 3, 2021

The crypto town has been exhibiting numerous enticing events from numerous protocols in the industry, despite the sluggish pace of the digital assets. The supercycle proponents have been referring to has not hampered the growth metrics of the networks. Wherefore, numerous protocols have been garnering institutional interests at an appreciable rate.

Polygon has been one of the platforms which has been under the radar of traders and hodlers in the business. The protocol has been constantly sprawling in terms of growth metrics. Polygon will be hosting the ZK-Summit which will host notable leading personalities. The protocol will also be dedicating $100,000 in Gitcoin to scale the Ethereum Ecosystem. 

Polygon’s Trek To The Summit!

Polygon will be hosting the ZK-Summit which will see discussion related to the zero-knowledge technology. The summit will explore the use of tech in advancing the crypto sector. Zero-knowledge is a verification method in which one party can prove to another that a statement is true. Without revealing details about the statement. 

The summit will be hosting notable leading personalities like Vitalik Buterin, Paul Brody, Chaitanya Konda, Jordi Baylina, amongst others. The makers are expected to make a major announcement during the summit. The protocol will be dedicating $100,000 in Gitcoin to scale the Ethereum ecosystem. The network has previously donated $1 million in support of digital public goods. 

The protocol has been rising in prominence across public platforms. MATIC has been ranking among the top searches on Twitter lately. The price of MATIC has surged over 10,000% in the last 365 days. According to sources, MATIC has passed $3.5 Billion in transaction volume in the past 24-hours the previous day.

Polygon (MATIC) Price

MATIC’s price at press time is trading at $2.30 with praise-worthy gains of 12.8%. The market cap of the digital asset is at about $15,912,754,500. While the volume of trades for 24-hours are at $2,923,802,701. The digital coin is trading in the bandwidth from $2.00 to $2.38 since the previous day. 

Collectively MATIC price holds immense potential to surge higher on the charts. The digital asset could surge to levels of $3 post a slight pull-back as CoinPedia had earlier reported. Enthusiasts have been hoping Polygon to make its way into the top-10 cryptos by market cap this altseason.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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