The Reth integration of Rocket Pool on Polygon opens up new growth opportunities in the competitive defect sector.

<em> The Reth integration of Rocket Pool on Polygon opens up new growth opportunities in the competitive defect sector. </em>
Reth integration of Rocket Pool on Polygon opens up new growth opportunities in the Defi sector
The defi area has grown sharply in recent years and has been dominated by dominant players. This has made it difficult to net like Polygon to gain a foothold in this area.
In the hard-fought defi sector, various liquid staking derivative (LSD) protocols have a clear growth.
However,polygon has the potential to benefit from the LSD area because the proposal to integrate Reth into the ZKEVM from polygon gains dynamics. Reth's expansion to the ZKEVM from Polygon is facilitated by the introduction of a tariff provider that is promoted by Polygon Labs. This tariff provider receives 50,000 USDC to promote liquidity growth.
By integrating Reth with stable coins, exciting opportunities open up to use Reth as security on platforms such as AAVE and QIDAO. The integration of Oracles and Reth/USDC pools improves liquidity and rationalizes liquidations within the polygon network.
In addition to the introduction of Reth, other factors will also influence the future of polygon in the defi area. The performance of the decentralized stock exchanges (Dexs) of polygon is of great importance.
The popular Dex Meshwap is currently a decline in 7.8 % in the number of unique active wallets that use the protocol. The transaction volume on the platform has dropped accordingly.
There are also developments in the NFT area of polygon. The NFT collection Y00TS recorded a significant increase in its average minimum price. However, the volume of the collection has decreased by 49.2 % last week, and the number of wallets that hold this collection has also fallen significantly.
A similar pattern shows itself in the token Matic linked with polygon. The price of the token has dropped significantly in recent weeks, accompanied by a decline in network growth. This suggests that the interest of new addresses in the token has decreased.
The MVRV quota, an indicator of the profitability of the token for current Matic owners, is also declining, which indicates a lower sales pressure. However, the long/short difference indicates that many of these addresses are short-term owners and could sell their tokens as soon as they make a profit.
The integration of Reth on polygon has the possibility of new growth opportunities for the network in a competitive defect sector. Nevertheless, it is crucial that polygon improves its performance in terms of Dexs and takes into account the general market mood of the Matic token in order to be successful.