Polygon MATIC News: The Polygon network rose to popularity in a rapid pace over the last one year, thanks to its partnerships and expansion in various projects. This also led to steady growth in the Polygon (MATIC) price, so much so that it is now one of the favorite cryptocurrencies of popular faces in the industry. The token really picked up at the beginning of last year, when the bull run was just about starting. Although it rose manifold at all time highs, the recent pullbacks due to crypto crash incidents led to huge price correction for MATIC.
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As of writing, MATIC price stands at $0.8021, up 1.27% in the last 24 hours, according to price tracking platform CoinMarketCap. At the peak of last year’s bull run, the cryptocurrency shot up to about six times its current value. Almost an year ago in December 2021, MATIC price was $2.72.
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