Despite a notable price increase in the broader market, Polygon’s (POL) price action has lagged behind its major-cap altcoin peers. The cryptocurrency experienced a 2.73% rise over the last 24 hours and a 17.41% weekly gain, showcasing modest upward momentum.
In contrast, other altcoins like Dogecoin (DOGE) and XRP have delivered stronger returns of over 120% during the current rally. This discrepancy has raised questions about #Polygon’s ability to compete.