Polygon Becoming Increasingly Independent From Ethereum as App Numbers Rise: Report

Posted on by American Coins & Gold

Polygon Becoming Increasingly Independent From Ethereum as App Numbers Rise: Report
How long does a layer 2 remain a layer 2?A new report released on Wednesday from blockchain development platform Alchemy shows that the number of apps on self-described Ethereum layer 2 Polygon is growing at a rapid rate, and that the ecosystem is increasingly becoming independent from projects on the Ethereum base layer.According to the report, there are now 3,000 apps on the chain, up from just 30 last year. Additionally, Alchemy has seen a 61% increase in the number of teams building on the chain month-over-month.Per Alchemy product manager Mike Garland, it’s growing “2x faster than Ethereum did at…