Polygon’s network has now surpassed Ethereum in terms of daily active addresses for the first time since its creation. On September 27, Polygon co-founder Mihailo Bjelic posted about the historic event on Twitter, stating it was “only the beginning.”
Compared to Ethereum’s 326,000 addresses, MATIC’s total number currently stands at 351,000. The achievement is significant for a network that has rapidly established itself as the industry standard. Several projects have rapidly adopted its layer 2 scaling solutions and lauded their efficacy.
When Polygon was first launched, it quickly advanced in both technological development and the Ethereum environment, and it hasn’t stopped since. As a result, 2021 will be a very exciting year for the initiative, as well-known figures are expected to join forces with it. As a result of Polygon’s multi-chain architecture, gas costs have been reduced while transaction speeds have increased dramatically. Team members may install pre-configured blockchain networks with only a click, and modules can build bespoke ones.
Both commercially and technologically, Polygon hasn’t slowed down. In addition to enlisting the support of some of the greatest personalities, it has also garnered financing from a variety of sources.
