The number of non-fungible tokens (NFTs) sold over the Polygon Layer 2 protocol hit an all-time high of just 2 million last month.

According to Dune Analytics, this is an increase of almost 60% compared to November and the third consecutive month of growth.

An Ethereum-based scaling solution that aims to develop, deploy and manage securities of blockchain technology, the Polygon ecosystem has grown exponentially over the past 12 months, with over 3,000 DApps registered on the network, with a total closed figure of $ 3. , 86 billion.

In addition, the number of unique daily active Proof of Effort addresses on the network is also reaching a new all-time high with the goal of surpassing the 566,516 record printed on October 2, 2021, with the latest data from January 5. , 2022, calculated at 554163.

RELATED: Here’s How Polygon Overcame Ethereum Limitations, Co-Founder Sandeep Nilewal Says

In an interview with Cointelegraph last month, co-founder Sandeep Nailwal revealed that Polygon has found a niche in bringing a large percentage of gaming companies and platforms to create NFTs on its network, as opposed to the collectibles and art often seen on Ethereum.

Polygon’s parent token, MATIC, peaked at $ 2.92 on December 27, 2021, and has since dropped to $ 2.11 at the time of writing in line with the broader market downturn.

Source: CoinTelegraph

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