Try Quests to earn cryptoDaily Transactions and Unique Addresses
Introduction:
Polygon is a scaling solution whose aim is to provide multiple tools to reduce the cost and complexities of blockchains while improving transaction speeds. It is a framework for building interconnected blockchain networks.
Ethereum, a platform home to various dApps, is central to Polygon’s vision. These decentralized apps have made it easy for users to interact with new financial products, buy art pieces, play games, and even join virtual worlds. However, the amount of activity on Ethereum causes network clogs and raises the cost of transactions.
Polygon seeks to address some of the challenges that face the Ethereum network, such as high transaction costs and lack of community governance, by providing a sidechain solution. Polygon is a Layer 2 solution built on Ethereum. This sidechain is not an “Ethereum killer” but was created to help Ethereum expand in efficiency, security, size, and usefulness.[1]
It is clear that polygon transaction numbers is decreasing over time and we can have 2 reason for that:
1-because of bear market
2-because of other L2s such as optimisim,Arbitrum…
the number of unique addresses on polygon has reached a plateau and it means that new wallets are not coming to polygons the number of wallets using polygon on daily basis are decreasing
Conclusion:
1-It is clear that polygon transaction numbers is decreasing over time and we can have 2 reason for that:
a-because of bear market
b-because of other L2s such as optimisim,Arbitrum…
2-the number of unique addresses on polygon has reached a plateau and it means that new wallets are not coming to polygons the number of wallets using polygon on daily basis are decreasing
3-Because of appearance of other L2’s such as Metis,Optimisim,Arbitrum and etc… the number of wallets using polygon are decreasing