March 29, 2023
Polygon News

Polygon Adoption is Rising Fast

More and more exchanges and wallets are adopting Polygon and each day seems to bring yet another integration to the purple blockchain. So far we have seen so many announcements that it’s necessary to list them all just to understand the sheer scale of adoption for Polygon.

Binance, one of the biggest exchanges in the world, just announced that Native Matic was now supported both for withdraws and deposits on their platform. A feature that many were looking for. Bridges are not always ideal to swap funds and having a centralized entity offering this can negate some hurdles one may encounter bridging from one chain to another.

Okex, Coinbase Wallet and Huobi Wallets, some of the most used wallets out there are all now supporting Polygon, which will undoubtedly drive up adoption even more. Exlocker, the security protocol is now live on Polygon. This project enables Teams to vest and lock tokens on their platform, providing investors a much desired layer of trust.

On the gaming front, Decentraland, the Sandbox and Ethermon, among many many others are hoping on as well, looking to benefit from the higher throughput and scalability of Polygon.

On the NFT side, things are heating up as well, as Treasureland and Opensea launched their integration of Polygon, enabling NFT lovers to trade faster and with lower fees. And that’s not even talking about the literally dozens of Defi projects coming from other chains or being created solely on Polygon, as it would require a deep dive for each of them.

Suffice to say, the future is bright for Polygon and it looks like the network’s scalable infrastructure will push the chain further and further to the top.