Matic Achieves Major Milestone, Polygon Crypto Price Surges 8%

Polygon crypto price is skyrocketing as market conditions become more favorable. $MATIC prices have skyrocketed by 8% in the last 24 hours. It is currently trading at $0.8716. Despite the fact that the entire crypto market saw a relief rally, Polygon is definitely the biggest winner in the market.

Polygon’s strong market rally is a result of a series of partnerships and integrations. Polygon is a scalable platform that allows developers and organizations to launch dApps on Ethereum. It also allows them to optimize their decentralized applications to be scalable and cost-effective. Polygon aims to be the third largest crypto after Bitcoin and Ethereum.

Why Is Polygon Winning The Crypto Market?

Polygon saw a series of integrations and partnerships. As CoinGape reported, leading multi-chain payment solution Utrust announced integration on Polygon. Utrust added support for USDT payments on Polygon which will also achieve cheaper fees and faster transactions.

Similarly, Polygon announced its partnership with SuperLayer, a leading Web3 venture studio.

Polygon also achieved a major adoption milestone. According to Alchemy, over 53,000 decentralized applications have been launched on the Polygon network. According to the company, it adds up to an 8X jump from the start of 2022 and a 60% increase since the month of June. This number includes dApps live on both the mainnet and the testnet.

Monthly active dApps increased by 29% since the end of last quarter.

The UP Police also launched the first complaint portal on Polygon. This complaint portal is managed by the Web3 platform Airchains. Polygon crypto price continues to dominate the market through integrations and partnerships.

How Long Will Polygon Crypto Price Rally

Polygon is the winner of the crypto market today. However, the entire market outlook is dependent upon macroeconomic factors. The Federal Reserve continues to take on a hawkish stance to curb inflation levels in the US. The US dollar continues to rampage the stock market.

However, experts believe that Polygon continues to be crypto with strong fundamentals.

TAGS
Polygon MATIC

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Nidhish Shanker

Nidhish is a technology enthusiast, whose aim is to find elegant technical solutions to solve some of society's biggest issues. He is a firm believer of decentralization and wants to work on the mainstream adoption of Blockchain.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.