Polygon’s Layer 2 blockchain experiences remarkable growth, surpassing Ethereum and Solana in daily active users.
DeFi enthusiasts flock to Polygon for lower fees and faster transactions, resulting in a surge of interest and network growth.
Polygon, the Layer 2 blockchain, has been making waves in the crypto world as it records one of the most significant growth trends among Layer 1 and Layer 2 blockchains. The platform has witnessed a remarkable surge in daily active users, propelling it beyond the likes of Ethereum and Solana, two dominant players in the crypto realm.
Ethereum’s Dominance Challenged
Traditionally, Ethereum has dominated the market with its extensive decentralized finance (DeFi) activity, attracting crypto users seeking DeFi opportunities. However, Ethereum’s high transaction fees have driven DeFi enthusiasts to explore alternative options such as Layer 2 blockchains, particularly Polygon, for their lower fees and faster transactions.
Polygon’s Remarkable Rise

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