Polygon has recorded one of the most significant growth trends among Layer 1 and Layer 2 blockchains over the last couple of weeks. As a result, the daily active users on the Layer 2 blockchain has risen rapidly to surpass daily users on some of the largest Layer 1 blockchain in the world.
Polygon Daily Active Users Cross 405,000
Usually, Ethereum dominates most blockchains in terms of daily active users. This is because of the enormous decentralized finance (DeFi) activity that is being carried out on the blockchain, making it the top choice for crypto users who want to leverage the DeFi opportunities. However, Ethereum’s high fees have seen DeFi enthusiast flock to Layer 2 blockchains such as Polygon for lower fees and faster transactions.
As a result of this exodus, Polygon has seen a consistent rise in its daily active users and has now surpassed the likes of Ethereum and Solana. According to data from the DeFi aggregator website DeFiLlama, the total active users on the Polygon b
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