Polygon Explodes in Popularity, Is the Layer2 War Over Before It Even Started?

Polygon (MATIC) has completely taken off. Despite the market experiencing a historic crash, overall, MATIC's secondary market performance over the past two weeks can still be considered quite strong. Last week, Polygon became the first Layer2 project with a circulating market cap exceeding $10 billion. During the 519 nightmare, MATIC's recovery after stabilizing was quite rapid, with the daily chart even turning positive at one point.