BINANCE:MATICBTC - BULLISH ON LAYER 2 SOLUTIONS
With ETH having problems with scaling, gas fees and ETH 2.0 delays, layer 2 solutions might become the next hot thing in crypto!
DeFi has put a lot of stress on the ETH network, and layer 2 solutions might alleviate some of these pain points.
MATIC is a layer 2 solution backed by Binance and Coinbase, and has the potential to be a Coinbase listing.
On the Binance chart, Matic has had an uptrend since being listed, and has respected this trend.
Given the current market conditions, and the need for a solution like MATIC, this can be a good trade for medium to long term.
DeFi has put a lot of stress on the ETH network, and layer 2 solutions might alleviate some of these pain points.
MATIC is a layer 2 solution backed by Binance and Coinbase, and has the potential to be a Coinbase listing.
On the Binance chart, Matic has had an uptrend since being listed, and has respected this trend.
Given the current market conditions, and the need for a solution like MATIC, this can be a good trade for medium to long term.