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Benzinga
Benzinga
Business
Simran Alphonso

Polygon (MATIC) Surges 20%, Outperforming Bitcoin, Ethereum: Here's Why

Bitcoin Ethereum Crypto

Polygon (CRYPTO: MATIC), previously known as Matic Network, has surged by 19.89% in the past 24 hours. As Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) stagnate in their current ranges, moving sideways, the altcoin jumped off its trend and added over $300 million to its market cap after an announcement.

Source: Trading View MATIC/USDT
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