• Polygon has set up a clearer path for investors thanks to prediction markets and the whale activity of MATIC has slowed down.
• 2022 was a great year for Polygon and MATIC, with key developments such as Bhavish Finance’s No-Loss prediction market.
• ETH whales have made a move on MATIC, entering it in the list of the top 10 most purchased tokens among the 100 biggest ETH whales.
The blockchain network Polygon has set up a clearer path for investors in the last week of December due to the introduction of prediction markets. This helps investors to get a better idea of what to expect in the near future. MATIC, the native token of the network, has also seen a decrease in whale activity in the same week.
The year 2022 was a great one for Polygon and MATIC, with the introduction of new partnerships and developments. One of the most notable developments was the launch of Bhavish Finance’s No-Loss prediction market for Polygon. This was a key development for the network and its latest update revealed important milestones for the network, such as the total number of predictions surpassing 1.2 million and the number of weekly active users surpassing the 1,100 mark.
The positive news continues for Polygon as the year 2023 begins, with ETH whales making a move on MATIC by entering it into the list of the top 10 most purchased tokens among the 100 biggest ETH whales. This is a great opportunity for investors as MATIC could potentially reach Bitcoin’s market cap, leading to a 45.12x hike in the token’s value.
Polygon is looking to continue building on the achievements of the last year and this could be the year that it finally reaches its potential. With the help of its prediction markets, partnerships, and new developments, Polygon is sure to be one of the best investments of the year.