Through his tweet today, Messari analyst Tom Dunleavy singled out Polygon as a top-performing crypto asset and further described traits that set the cryptocurrency for further growth.
The Rise Of Polygon In Business Use Cases
Dunleavy first said the huge number of daily active users on Polygon is a demonstration that the Ethereum layer-2 scaling network continues going from strength to strength. The analyst said approximately 90% or more of the token distribution is unlocked or distributed in Polygon contracts, with a fraction of MATIC burnt gradually over time. Such token burning helps to increase the price of the tokens in circulation.
Dunleavy further recognized Polygon as the crypto industry leader in zero-knowledge and optimistic roll-ups. He pointed out that Polygon zkEVM harnesses the power of advanced cryptography called zero-knowledge proofs, which enables it to work seamlessly with all existing wallets, smart contracts, and developer tools.
Ethereum’s transaction capacity i
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