The post Polygon (MATIC) Surges 50% In 30 Days, Attracts Institutional Investors appeared first on Coinpedia Fintech News

Polygon (MATIC) finished last week on a neutral note, showing a 2% increase. As a scaling solution for Ethereum, it has gained significant interest from institutional investors looking to invest in the Web3 market. This is evidenced by the fact that the Polygon NFT market on the OpenSea platform surpassed Ethereum’s for two consecutive months, suggesting the potential for attracting developers and investors to the ecosystem.

According to recent crypto price data, Polygon (MATIC) has seen a 50% growth over the past 30 days, putting its network value at $10,808,682,894. Additionally, the total value locked (TVL) assets in Polygon has risen in recent weeks, reaching around $1.2 billion. 

It is also worth mentioning that Polygon is host to top Web3 projects such as Balancer, Quickswap, Uniswap V3, and AAVE.