MATIC, the coin for Polygon, has pushed on to a new all time high on 23 December reaching $2.7.
The coin for the framework, which aims to enhance interoperability between the Ethereum blockchain and compatible networks, has had a turbulent December but this week found a stronger upward momentum putting on a 30% growth spurt.
The extra final push may have been helped by the news that Uniswap, the protocol for exchanging cryptocurrencies, is now live on Polygon. "All Uniswap V3 contracts are now deployed to the Polygon PoS mainnet, and Polygon is already supported in the official Uniswap interface".
There were three key reasons why the organisation regarded it as a landmark: a major acknowledgment for Polygon, a return to the original promise of Ethereum, and a stronger Polygon DeFi ecosystem.
At the time of all time high, a non-mineable MATIC token is trading around $2.70, giving it a market capitalization of 18.38bn, making it the 14th largest cryptocurrency, according to CoinMarketCap.
Follow our detailed Polygon price chart and explore the latest Polygon (MATIC) movement to help you decide whether it deserves a place in your long investment portfolio or not.
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