Polygon addresses on the advance: Analysis shows growth trend despite loss of loss

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Die Zahl der Polygon-Adressen steigt weiter an und erreicht ein neues Rekordniveau. Laut Daten halten rund 80 Adressen etwa 16,9% des gesamten Polygon-Angebots. Dies deutet auf eine signifikante Konzentration der Bestände bei einigen wenigen investoren hin. Obwohl Polygon (MATIC) in letzter Zeit Bedenken hinsichtlich eines möglichen Delistings von der US-Plattform Revolut hatte, hat die Kryptowährung einen bemerkenswerten Aufwärtstrend gezeigt. In der letzten Woche verzeichnete sie einen beeindruckenden Anstieg von 8,56%. Dies ist auf das Interesse an der Plattform aufgrund ihrer Skalierbarkeit und Interoperabilität zurückzuführen. Die bevorstehenden Polygon 2.0 Updates sind vielversprechend und könnten eine positive Veränderung in der zweiten Hälfte …
The number of polygon addresses continues to increase and reach a new record level. According to data, around 80 addresses keep around 16.9% of the total polygon offer. This indicates a significant concentration of the stocks for a few investors. Although polygon (Matic) has recently had concerns about possible delisting from the US platform Revolut, the cryptocurrency has shown a remarkable upward trend. Last week, she recorded an impressive increase of 8.56%. This is due to the interest in the platform due to its scalability and interoperability. The upcoming polygon 2.0 updates are promising and could have a positive change in the second half ... (Symbolbild/KNAT)

The number of polygon addresses continues to increase and reach a new record level. According to data, around 80 addresses keep around 16.9% of the total polygon offer. This indicates a significant concentration of stocks in a few investors.

Although polygon (Matic) has recently had concerns about a possible delisting from the US platform, the cryptocurrency has shown a remarkable upward trend. Last week, she recorded an impressive increase of 8.56%. This is due to the interest in the platform due to its scalability and interoperability.

The upcoming polygon 2.0 updates are promising and could cause a positive change in the second half of 2023. However, most polygon addresses are currently in a poor position, since around 88% would suffer losses if they would sell their Matic token at the current market price. Only about 8.22% of the addresses would make a profit, while about 3.58% could cover their costs.

Despite these challenges, the number of polygon addresses continues to show an upward trend, which indicates continuous growth. In the past thirty days, an average of around 565,000 Matic addresses have been documented. In the past seven days, however, the number of active addresses has dropped by about 7.8%. At the same time, the number of Matic addresses has decreased by about 24% without recorded transactions. However, a positive development can be observed, since the number of newly created addresses has increased by about 18.7%.

In the most recent 24-hour period, around 200,000 Matic tokens were paid in on the stock exchanges, which indicates a higher volume of tributaries compared to outflows. However, this is in contrast to the patterns of the last seven and 30 days, in which Matic tokens were more often deducted from the stock exchanges. This indicates that the sales pressure decreases and the range of tokens becomes scarcer. This can be interpreted as a positive signal for increasing price development.

The distribution of the polygon tokens in circulation shows a significant concentration of stocks in a few investors, also known as whales. Around 80 addresses keep around 16.89% of the total offer. An address alone checks impressive 37.7% of the total offer, while eight other addresses together have 30.2% of the coins. Overall, these whales keep around 67.9% of the Matic offer, which means that only 15.21% are available for small investors. Due to this concentration in the hands of institutional investors and whales, almost 90% of the addresses operate with loss.

Overall, the increasing number of polygon addresses indicates ongoing growth. Despite the concentration of the stocks with a few investors and the current losses, the upcoming polygon 2.0 updates are promising and could cause a positive change. It remains to be seen how the situation will develop and whether the losses for most addresses will be reduced in the future.