Why Polygon's MATIC Token Surged on Tuesday
Cryptocurrency Polygon (CRYPTO: MATIC) charged sharply higher Tuesday, surging as much as 19.2%. As of 12:50 p.m., the token was still up 9.9% over the past 24 hours.
There were several catalysts that helped fuel the cryptocurrency's rise.
Polygon announced in a press release that it entered into a strategic partnership with Wanchain "that will drive further adoption of Layer 2 cross-chain bridges and accelerate the development of interoperable blockchain technology as a whole."
Source Fool.com