Polygon has declined and the main support level turned as the ecosystem continued to slow down.

Pedgier (peeHe decreased to $ 0.3910 on Tuesday, which represents a decrease of 47 % of its highest level in December 2024.

Nansen data shows that the active headlines on the Polygon network decreased by 12 % in the last 30 days, as it decreased to 5.96 million. This figure is much lower than the base, the largest layer -2, which has recorded 21.7 million active addresses in the same period.

While Polygon transactions increased by 7 % to 91.5 million, fee revenues decreased by 38 % to 835,000 dollars. This overwhelming performance contrasts sharply with the base, which dealt with more than 218 million transactions and $ 15.5 million as a fee.

More data shows the reason for struggling with the polytheistic network this year. Total closed value in Defi Its ecosystem Decline To 842 million dollars, much smaller than the base base of $ 3.41 billion and identifying $ 3 billion.

DEX Polygon ecological system is also backward. The weekly trading volume decreased by 20 % to $ 1.2 billion, while Base, a relatively new network, dealt with $ 10.7 billion in the same period.

A similar trend appeared in the NFT market, where Polygon had a strong presence. According to Cryptoslam, Polygon NFT sales decreased by 71 % at the last 30 days to 24.8 million dollars, while the base increased by 388 % to $ 22.7 million in sales.

Polygon's weak performance explains the reason for removing it from Lido Dao liquid in December.

The pattern of the polygon price indicates more negative aspect

The four -hour graph shows that the urine symbol reached its climax at 0.7671 dollars yet Transfer from Matic last year. Recently, a descending triangle style formed, and the underside was at $ 0.4138. It failed to decrease this level several times since December last year. The falling triangle is a popular significant sign.

Polygon also decreased to less than the moving average 50 periods, which enhances the downward view. The lower resistance path appears down, with the next main support level to watch $ 0.3425, which is the lowest swing in the distinctive symbol on November 15.