Polygon’s P2P Economy Hits Record $7.12 Billion in November

Polygon’s peer-to-peer (P2P) transaction volume has increased for four consecutive months, reaching an all-time high in November, signaling sustained network activity and adoption.

Summary

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Terms & Concepts
  • Polygon: A blockchain network designed to scale Ethereum by offering faster and cheaper transactions.
  • P2P (peer-to-peer) economy: A decentralized exchange system where transactions occur directly between individuals without intermediaries.
  • ATH (all-time high): The highest value or level ever recorded for a specific financial metric.