Why is Polygon (MATIC) value up at the moment?

Polygon’s (MATIC) value is up at the moment, mirroring upside strikes elsewhere within the cryptocurrency market as merchants assess a mixture of basic components.

On July 11, MATIC’s value rose 2.32% to $0.75, its highest stage in a month — outperforming the crypto market, whose valuation stayed comparatively unchanged from the day prior to this at round $1.14 trillion.

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