What happened
Today has been a relatively muted day for cryptocurrencies, with the market only around 1.5% higher as of 9:30 a.m. ET. However, for layer-2 scaling network Polygon (MATIC 20.73%), some serious outperformance has investors turning their heads. This token has surged 25% higher over the past 24 hours and is now up considerably more than 50% since this weekend’s low.
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