- Polygon’s price increased by more than 50% in January 2023.
- MATIC’s NFT ecosystem continued to grow and metrics looked in its favor.
Polygon [MATIC] outperformed cryptos with a higher market capitalization, including Bitcoin [BTC] and Ethereum [ETH], in terms of its performance on the price front in January 2023. As per the latest data, MATIC’s price increased by 53%, while BTC and ETH rose by 41% and 36%, respectively.
Price Performance of $BTC $ETH $BNB and $MATIC in Jan 2022#Polygon +53.77%#Bitcoin +41.76%#Ethereum +36.35%#BNBCHAIN +29.9% pic.twitter.com/hz94kotxhx
— Polygon Daily 💜 (@PolygonDaily) February 8, 2023
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CoinMarketCap’s data revealed that MATIC’s price increased by over 7% in the last seven days, and at the time of writing, it was trading at $1.26 with a market capitalization of more than $11 billion.
But not only in terms of price, MATIC also registered growth in its unique addresses lately as it exceeded that of Binance Coin [BNB] and Ethereum, which made MATIC…