Polygon’s MATIC Continues to Rise, While Most Crypto-Assets Struggle

Polygon’s MATIC token has outperformed most crypto-assets during this recent market downturn. Bottoming at $0.32 on June 18th, it has managed to increase 60% of its value to $0.50.

This recent price rally was preceded by a large increase in whales’ holdings, substantial exchange outflows and then followed by high activity among users holding the MATIC token.