Polygon’s active addresses and transactions increased over the last seven days.
MATIC’s price surged by over 33% last week, but a few indicators turned bearish.
Over the last few weeks, Polygon [MATIC] has registered promising gains, allowing it to recapture its lost market capitalization. Amidst this, Nansen posted an analysis highlighting the blockchain’s state during the third quarter of 2023.
A look at Polygon in Q3 2023
CoinMarketCap’s data pointed out that the blockchain’s native token had a comfortable rally last month. To be precise, the token’s price spiked by over 85% over the last 30 days.
Apart from this, Nansen also posted a tweet highlighting the blockchain’s performance during Q3 2023. The tweet revealed that Polygon has shown consistent growth last quarter with diverse collaborations and is set to amplify its impact with future developments like Polygon 2.0.
Our @0xPolygonLabs Quarterly Report is now out!
Polygon has shown consistent growth last quart
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