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In terms of active users, Polygon Network surpasses Ethereum.

The Polygon blockchain network has witnessed  a significant growth of 18%  in the last month, with new additions of over 566,500 users, according to a recent research report by Polygonscan.

In terms of user-base, the network has now eclipsed the popular Ethereum blockchain network. After Bitcoin, Ethereum is the world's second most valuable blockchain. This is the first time that the Polygon network's user count has surpassed that of Ethereum, which has only had a 0.6 percent gain in recent days.

Ethereum is a public blockchain network that allows users to send cryptocurrency to anyone for a small charge. The network supports a number of applications that are open to anyone and cannot be shut down by anybody. This programmable blockchain enables anyone to conduct digital currency transactions without the use of banks or brokers. Ethereum.org claims that it also acts as a marketplace for uncensored financial services, games, and apps.

On the other hand, the Polygon network provides a framework for developing blockchain networks that may be linked to the Ethereum network.

Full-fledged multi-chain solutions that work in sync with other Ethereum-based interfaces can be established using the Polygon blockchain. According to Polygon.technology, the network improves security while also addressing difficulties with blockchains, including as poor speeds and hefty transaction fees.

Despite substantial market instability induced by China's crypto crackdown, Polygon's native coin has been performing well in recent days. Polygon (MATIC) is currently trading at $1.36, up 3.59 percent from the previous day (roughly Rs. 102). Investors see Polygon as a safe and stable crypto-investment option, according to a report by Cryptopolitan.com.

It's worth noting, however, that the Polygon network isn't quite as "safe" as it should be. In August, for example, the Polygon network was attacked, with the perpetrators allegedly stealing $600 million (approximately Rs. 60 crores) in crypto assets.

Cryptocurrency is an unauthorized digital currency that is neither legal tender and subject to market risks. The information provided in this article is not intended to be, and is not, financial advice, trading advice, or any other type of advise or recommendation offered or supported. We will not be liable for any losses incurred as a result of any investment made based on any apparent recommendation, forecast, or other information in the article.