Did Polygon die? Is it still worth believing in the project?
Recently, many have been asking: "Is Polygon (MATIC) done for?" With the drop in price, decrease in hype, and migration of projects to other blockchains, it seems the shine of the past has faded. But is it the end of the line?
The truth is that Polygon has not died – it is going through a process of transition and maturation. The team has been heavily investing in zkEVM technology (zero-knowledge Ethereum Virtual Machine), which promises to scale Ethereum securely and at low cost. Furthermore, Polygon has one of the strongest communities and partnerships with giants like Disney, Meta, and Nike.
What changed was the macroeconomic scenario and the crypto market as a whole. Many tokens lost value and speculative interest declined. But for those seeking fundamentals, Polygon has still delivered constant innovation and development.
MATIC may no longer be the darling of the moment, but it remains one of the projects with the most technical deliveries in the ecosystem. Dead? Not yet. But like any crypto project, it needs to reinvent itself — and quickly — if it wants to stay relevant in the next cycle. #Polygon #BTC
