Polygon Surges 3% While Rivals Stagnate – Here’s Why It Matters
Polygon just pulled off a rare feat in today's crypto slump—posting gains while others bled. The layer-2 solution climbed 3% as Bitcoin waffled sideways and Ethereum gas fees scared off retail traders (again).
What's fueling the rally?
Developers keep shipping. Unlike some 'institutional-grade' chains that exist solely for VC pitch decks, Polygon's daily active addresses hit 450K last week. Real usage. Real transactions. Meanwhile, TradFi banks are still 'evaluating blockchain solutions'—translation: paying consultants to PowerPoint about hypotheticals.
Technical breakout incoming? The token just cleared its 50-day moving average. If it holds, we could see a retest of $1.25 by month's end. Or it'll crash 20% tomorrow—this is crypto, after all.