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Traders expect a 200% gain from MATIC, but does Polygon network data support that? By Cointelegraph
Traders expect a 200% gain from MATIC, but does Polygon network data support that?
During the past year, Polygon (MATIC) has focused on growing their list of well-known partners, which include well-known companies like Disney, Starbucks (NASDAQ:) and Robinhood (NASDAQ:). The recent announcements of partnerships with both Instagram and JPMorgan (NYSE:) have led speculators to push the token price up almost 200%.
In add to partnership, blockchain adoption through network usage is important to analyze. Blockchain adoption can be analyzed by looking at the daily active users of the blockchain, the protocols that use the technology, the number of transactions, and the total value locked.
