đ **Polygon (MATIC) Update: Market Trends & Ecosystem Growth!** đ
- **Price Movement:** Polygon dipped to $0.53 from last week's $0.582, still 60% above its monthly low. The MATIC to POL transition on Sept. 4 is eagerly awaited.
- **Security:** Polygon regained control of its X and Discord accounts after recent hacks.
- **NFT Boom:** Weekly NFT sales surged 111% to $12.7M, with 88K buyers and 25K sellers.
- **DEX Volume:** Up 7.32% to $770M, ranking 7th in the DEX market.
- **DeFi Growth:** Total value locked rose 10% to $951M.
- **Competition:** Facing strong rivals like Arbitrum and Base.
đŹ What are your thoughts on Polygon's future? Comment below! đŹ