MATIC up 23% over past month as addresses spike, coins leave exchanges en masse
Polygon has seen its price increase by 23% in the past 30 days, with MATIC spending the entire month of October in the green. After a devastating slump in June, MATIC has been on a slow and steady climb, reaching a high of $1.04 in mid-August.
Community engagement, partnerships, new launches, and developer activity have all pushed its price close to its August high, with MATIC reaching $0.95 on Oct. 26. Although its price has consolidated since, with the token standing at $0.90 at press time, it still stands as an outlier in the mostly red crypto market. The positive price action Polygon has seen in the past month has been a result of significantly increased user activity.
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