Polygon witnesses GameFi growth, but will lurking bears impede MATIC’s rise

Polygon’s active addresses increased slightly, but fees and revenue declined in the last few weeks. MATIC’s chart was green, but metrics supported the bears. Polygon [MATIC] registered a slight increase in daily active addresses over the last 30 days. The growth can be attributed to the much-anticipated zkEVM mainnet launch, which helped attract more users […]

However, despite increased users, the network’s fees and revenue declined over the last few weeks. The network’s troubles did not end here, as its zkEVM status also showed concerning signs.After a comfortable launch, zkEVM’s growth seemed to have stopped at press time, as evident from Dune’s data. As per the charts, unique depositors on zkEVM have registered a decline.

Despite the negatives, it was interesting to see growth in Polygon’s GameFi network. The League of Kingdom chose Polygon for their much-awaited Drago update. This could help propel user growth onPolygon is elated to be chosen as The League of Kingdom’s blockchain of choice for their much awaited Drago update 🐉

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