- Polygon and QuickSwap take the crypto world by storm as it rocket-highs its price to over 100%
- The layer-two solution of the Polygon’s network eliminates the high gas fees and network congestion that Ethereum encounters today
Polygon (MATIC) and QuickSwap (QUICK) take the crypto world by storm as it rocket-highs its price to over 100%. Specifically, this sudden pump of the MATIC and QUICK crypto is due to the high demand of users for the layer-two solution, a technology that the Polygon network possesses.
This made the crypto enthusiast Lark Davis react:
The layer-two solution of the Polygon’s network eliminates the high gas fees and network congestion that Ethereum encounters today. As a result, traders and investors are able to maximize their funds in swapping crypto using the QuickSwap exchange.
Based on the graph above, we can see that MATIC has successfully maintained its uptrend position despite the wild volatility. Also, the chart above displays the growth rate of MATIC to over +500% from March 6 to April 29. Truly, this is a price rally that favors and catches the eyes of global investors.
On the other hand, Polygons decentralized exchange project QuickSwap is also on fire. To be specific, QUICK successfully rallied and pumped its price from $189 to $977 in the past 72 hours. Furthermore, the sudden surge of QUICK’s price is due to the arrival of different projects in Polygon’s network.
Moreover, traders and investors continue to search for a platform that offers the lowest GAS fee like Polygon’s technology. Meanwhile, ETH 2.0 is one of the most awaited technologies that promise to solve the GAS problem. However, until there is no official announcement, Polygon continues to be one of the best options to choose.
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