![Reasons why Polygon [MATIC] investors would be happy in 2023](https://i.headtopics.com/images/2022/12/28/cryptoamb/reasons-why-polygon-matic-investors-would-be-happy-reasons-why-polygon-matic-investors-would-be-happy-1607836968590639111.webp)
Polygon’s Relative Strength Index (RSI) was oversold. Besides, most of the metrics were supportive of a price surge. Amid the crypto winter, Polygon [MATIC] has been showing signs of recovery. As per CoinMarketCap, MATIC’s price increased by nearly 2% over the last seven days. At the time of writing, it was valued at $0.8121 with […]
, MATIC’s price increased by nearly 2% over the last seven days. At the time of writing, it was valued at $0.8121 with a market capitalization of more than $7 billion.As per CryptoQuant, MATIC’s Relative Strength Index was in an oversold position, at press time. Thus, increasing the possibility of a price surge in the coming days.
Interestingly, Sandeep Nailwal recently revealed a few stats related to Polygon, which reflected the capability of the network to grow more. He tweeted that the “Polygon Bridge is the most battle-tested bridge out there.” 80 billion user funds have been bridged without any user losses, and the bridge was run by more than 100 validators.
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