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Polygon's zkEVM Activity Lower Than Competitors, MATIC Market Cap and Usage Remain Uncoupled

Polygon's zkEVM activity has been trailing behind other protocols like StarkNet and zkSync Era, which could have an impact on the protocol's future growth. However, despite this, Polygon's usage and MATIC market cap have not been affected. Messari's data shows that the relationship between Polygon's cumulative market capitalization and user base can be categorized into three distinct phases: Growth, Deviation, and Maturation. Recently, MATIC's price has experienced a significant drop, with its RSI indicating that momentum is currently with MATIC sellers.

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