**Polygon's MATIC Sees Surge in Activity Amid Market Slump**

Polygon's native token, MATIC, might be gearing up for a comeback. Blockchain analytics platform Santiment reported a significant increase in on-chain activity, with dormant coins reactivating and more addresses engaging with the network.

- **Spike in Activity**: This week saw the second-highest number of active Polygon addresses this year, hinting at a potential MATIC reversal.

- **Recent Trends**: Despite the recent spike, Polygon had seen a decline in activity since late July, with addresses dropping from 1.6 million to 70,000.

- **Price Fluctuations**: MATIC hit a two-month high of $0.58 on Aug. 25 but has since fallen 24% to $0.437.

- **Upcoming Changes**: Binance will support the migration from MATIC to POL on Sept. 4.

- **Security Concerns**: Polygon's Discord channel was compromised on Aug. 24 in a broader attack affecting multiple blockchain projects.

Stay tuned for further developments as Polygon navigates these turbulent times.