CRAZY Polygon NEWS | My MATIC Price Prediction 2025 | Is Polygon still a good investment in 2024?
00:00 – Introduction
02:54 – MATIC Price Live Data
03:12 – Highlights of the year
07:54 – MATIC Price Prediction
Layer 1 blockchains like Ethereum, and let me remind you that Ethereum is without a doubt going to be the settlement layer for all future financial tranactions, which is why we invested in ETH back in 2016 @ 8 to 11 USD per token. Anyway, Layer 1 blockchains like Ethereum, provide developers with a platform to build and run dApps, smart contracts, non-fungible tokens (NFTs), and more. Polygon is a Layer 2 blockchain that aims to help Ethereum with its scalability.
By acting as a Layer 2 protocol, Polygon doesn’t aim to duplicate Ethereum’s functionality. Instead, it helps improve transaction speeds and lower costs for developers. Think of it as an express train that runs parallel to a local train, moving faster with fewer station stops.
Currently, Ethereum can handle around 15-45 transactions per second (TPS) in its current state. It takes 35 network confirmations to finalize Ethereum transactions.— while Polygon achieves speeds of up to 7,000 TPS. This makes everything built on the blockchain much cheaper and quicker,
Over the past few years, Polygon has been on a major growth course, with notable network milestones to show for it. In its bid for L2 dominance, Polygon has mounted some strong competition against protocols like Solana, especially as it relates to its NFT innovation.
Over recent weeks, the cryptocurrency of Polygon MATIC (MATIC), has witnessed a remarkable surge in value, 40% rally to be precise. While such price movements often leave investors perplexed, a deeper dive into the underlying factors reveals some compelling reasons behind this recent upswing.
In this video we’re gonna give you some insight on Polygon latest news and Why you should remain optimistic in 2024 and beyond, furthermore we will also look at some price predictions for 2024 – 2025.
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