Polygon (MATIC) Achieves 2.3 Million Daily Transactions in Q3, Report Shows
Polygon ecosystem saw considerable developments and activity in Q3, 2023
According to Messari's recent "State of Polygon Q3 2023" report, Ethereum scaling Polygon averaged 2.3 million daily successful transactions and 82,000 daily unsuccessful transactions in the previous quarter. The average transaction fee, on the other hand, fell by 60% in Q3, from $0.05 to $0.02.
The gaming industry accounts for 51% of transactions on the Polygon PoS Network. It is followed by DeFi (34%), social (10%) and NFTs (5%).