Polygon’s network has enjoyed new features that are attracting developers to build on the platform, this not only paints a bullish outlook for the native token MATIC but ensures utility.
MATIC has struggled to rally in recent days and faces further challenges ahead as MATIC holdings inflows in exchanges increase.
The Polygon network is on the precipitate of a major move but the bullishness or bearishness of its native token MATIC remains undetermined. In 2023, Polygon was one of the key projects focused on building. Throughout the year, the development team focused on upgrades and releasing new features. This has been evident with increasing adoption and the steadily growing number of developers.
A recent report shows that the network ranked 2nd in terms of the number of new developers, sitting only behind Ethereum. Additionally, the network holds the 39th position at press time with 4,409 GitHub commits, as per the gathered data. Despite these developments, MATIC prices struggled to

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