Q3. Draw a chart showing MATIC’s circulating supply from the start till today. Compare it with MATIC’s price.
Introduction
$MATIC is the main token used on the Polygon blockchain, one of the most popular ETH L2s. This dashboard shows the daily average price of $MATIC and compares the price to the circulating supply or how much it is used.
Daily Average Price
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Price Vs. Circulating Supply
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Conclusion // Key Takeaways
The Polygon Blockchain as a whole may have peaked from July - December of 2021. However, it is impossible to pinpoint a single reason why activity and prices are lower on Polygon, as similar downtrends are visible across the market. L2s are becoming more widespread, so Polygon has to step it up and provide something that no other L2 can.
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