Many layer two protocols have grown a lot this past year. One quite interesting happening to take note of is that Polygon did surpass its parent layer one protocol Ethereum for a short while, measured in active network addresses.
Measured over the last three months, the number of active Polygon addresses has skyrocketed with around 330%, whereas the active Ethereum addresses has declined by 12%.
This is daily active unique addresses, not total addresses on the network, but this shows that the popularity for cheaper layer two protocol solutions is growing fast due to it actually being a need for scalable network solutions with very cheap fees.
Great for Polygon, and great for crypto users!
Many layer two protocols have grown a lot this past year. One quite interesting happening to take note of is that Polygon did surpass its parent layer one protocol Ethereum for a short while, measured in active network addresses.
Measured over the last three months, the number of active Polygon addresses has skyrocketed with around 330%, whereas the active Ethereum addresses has declined by 12%.
This is daily active unique addresses, not total addresses on the network, but this shows that the popularity for cheaper layer two protocol solutions is growing fast due to it actually being a need for scalable network solutions with very cheap fees.
Great for Polygon, and great for crypto users!