Polygon TimesPolygon Times
  • Home
  • News
  • AMA’s
  • Calendar
  • Learn
  • Videos
  • Advertising
  • Contact Us
  • Disclaimers
    • Careers
    • About PolygonTimes
    • Privacy Policy
    • CCPA
    • DMCA
    • Terms of Use
Thursday, February 2
Latest
  • QuickSwap Integrates with Gamma to Enable Active V3 Liquidity Management
  • Earn Crypto While the Market is Depressed (Reap the Rewards Later!)
  • Polygon Announces Partnership with Luxury Car Company Mercedes Benz
  • Polygon Staking in Bitfinex with $189 Million Worth of MATIC
  • SPYRIT AMA Recap
  • Polygon is Partnering with Opera Browser to bring Web3 to the Masses
  • New Dapp: Bulk Send Matic Tokens with PolygonSender
  • APR vs. APY: Linear & Exponential Interest
  • Popping the Hood on Emissions
  • $CRYSTL Vaults
Twitter YouTube RSS
Polygon Times Polygon Times
Switch to BSCTimes
  • Home
  • News
  • AMA’s
  • Calendar
  • Learn
  • Videos
  • Get In Touch
    • About PolygonTimes
    • Advertising
    • Contact Us
    • Careers
    • Disclaimers
      • Terms of Use
      • CCPA
      • Privacy Policy
      • DMCA
      • Cookie Policy
Polygon TimesPolygon Times
Polygon News

More Polygon Apps Mean More Independence From Ethereum

VictorBy VictorOctober 21, 20211 Min Read
Polygon Apps
Share
Facebook Twitter LinkedIn Pinterest Email Reddit

According to a new study published on Wednesday by blockchain development platform Alchemy, the number of applications on Polygon’s self-described Ethereum layer 2 is rapidly rising and the ecosystem is gradually becoming autonomous from projects on the Ethereum ecosystem.

Since last year, the number of apps on the chain has increased from 30 to over 3,000. Alchemy has also observed a 61% rise in the number of teams constructing the chain month after month. According to Alchemy product manager Mike Garland, Polygon is expanding “two times faster than Ethereum did at this stage in its lifetime.”

While Polygon is frequently referred to as a sidechain, and developers are trying to portray it as a supplement rather than a rival to Ethereum, statistics indicate that the number of new Polygon-native applications is outstripping the number of apps deployed to both chains — perhaps an indication of increasing independence. According to Alchemy’s report, only 38% of newly deployed Polygon apps are built using both Polygon and Ethereum, compared to 62% using Polygon only.

Apps Crypto Cryptocurrency Ethereum Polygon Polygon Network

Related Posts

News

Polygon Announces Partnership with Luxury Car Company Mercedes Benz

July 29, 2022By Crypto Times Network
Read More
News

Polygon Staking in Bitfinex with $189 Million Worth of MATIC

February 24, 2022By Crypto Times Network
Read More
AMA

SPYRIT AMA Recap

January 20, 2022By Crypto Times Network
Read More

Comments are closed.

en English
af Afrikaanssq Shqipam አማርኛar العربيةhy Հայերենaz Azərbaycan dilibe Беларуская моваbn বাংলাbg Българскиca Catalàzh-CN 简体中文zh-TW 繁體中文hr Hrvatskics Čeština‎da Dansknl Nederlandsen Englishtl Filipinofi Suomifr Françaiska ქართულიde Deutschel Ελληνικάgu ગુજરાતીiw עִבְרִיתhi हिन्दीhu Magyaris Íslenskaig Igboid Bahasa Indonesiaga Gaeligeit Italianoja 日本語kn ಕನ್ನಡko 한국어ku كوردی‎lo ພາສາລາວla Latinlv Latviešu valodalt Lietuvių kalbalb Lëtzebuergeschms Bahasa Melayuml മലയാളംmr मराठीmn Монголmy ဗမာစာne नेपालीno Norsk bokmålps پښتوfa فارسیpl Polskipt Portuguêspa ਪੰਜਾਬੀro Românăru Русскийsm Samoansr Српски језикsd سنڌيsl Slovenščinaso Afsoomaalies Españolsu Basa Sundasw Kiswahilisv Svenskata தமிழ்te తెలుగుth ไทยtr Türkçeuk Українськаur اردوuz O‘zbekchavi Tiếng Việtcy Cymraegyi יידישyo Yorùbázu Zulu
Polygon Times
  • About PolygonTimes
  • Advertising
  • Press Kit
  • Disclaimers
  • CCPA
  • DMCA
  • Privacy Policy
  • Terms of Use
  • Contact Us
© Polygon Times 2023

Type above and press Enter to search. Press Esc to cancel.