As NFT sales reach new heights, Polygon network activity surges

Last month, the number of non-fungible tokens (NFT) sold on the second-tier protocol Polygon reached an all-time high, close to 2 million.

According to Dune Analytics, this marks nearly 60% rise Compared with November, the network increased for the third consecutive month.

Polygon’s ecosystem is an Ethereum-based scaling solution that aims to build, distribute, and manage securities through blockchain technology. It has grown exponentially in the past 12 months, with more than 3,000 registered on its network Decentralized applications, in addition, the total value locked in is 3.86 billion US dollars.

In addition, the number of unique daily active equity proof chain addresses on the network is also expected to hit a record high, aiming to exceed the 566,516 records set on October 2, 2021. The most recent data Starting from January 5, 2022, 554,163 will be calculated.

related: As co-founder Sandeep Nailwal said, how Polygon challenges the limitations of Ethereum

In an interview with Cointelegraph last month, co-founder Sandeep Nailwal revealed that Polygon is in Attract a high percentage of game companies And build a platform for NFT on their network, instead of the collectibles and artworks that are often seen on Ethereum.

Polygon’s native token, MATIC, reached a peak of $2.92 on December 27, 2021, and then fell to $2.11 at the time of writing to match the broader market decline.