Chart of The Day: MATIC Outperforms Major Layer-1s As Market Bounces
Major layer-1s are staging a relief rally from a technical bottom in late June. In particular, Polygon’s MATIC token has outperformed all major layer-1 protocols. MATIC has gained more than 62% over the past week, while ETH, BNB, SOL, and AVAX have gained between 15-40%.