Apple Inc. (AAPL) vs Polygon (MATIC)

Correlation Analysis

Insight

Polygon serves as a scaling solution for Ethereum, offering faster and cheaper transactions while maintaining compatibility with the Ethereum ecosystem.

Historical Triggers
  • February 2024:Polygon prepared for Ethereum's Dencun upgrade, aiming to reduce gas fees through zkEVM compatibility and EIP-4844.
Notes
  • Polygon's development of zkEVM and EIP-4844 aims to significantly lower transaction costs.
  • Its role as a Layer 2 solution enhances Ethereum's scalability and user experience.

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