Quote from: elziw on Today at 01:39:42 PM

Quote from: ilovealtcoins on Today at 12:45:08 PM

MATIC is a development project on Ethereum's L2 layer and was chosen by Ethereum as a solution when launching ETH 2.0
We are seeing a lot of tx being done on MATIC. I think MATIC's capitalization will increase even higher in the future when ETH 2.0 comes out.
The recent declines show MATIC's strength as it consistently bounced above the $2 level and failed to drop below $1.

Why ETH 2.0 would need polygon once it switches to 100% POS? I was thinking that by doing so Ethereum2.0 will enhance scalability and decrease fees and therefore there is a risk that polygon will loose its utility... I am a polygon holder by the way but I want to understand the future of polygon... Are you sure Ethereum has chosen polygon as a layer2 instead of its own?

Please allow me to answer your question. ETH chose MATIC because the solution offered by this project was good and ETH did not have to take a step to renovate their project. In other words, ETH has saved considerable effort and time.
There are many projects developed on the L2 layer of ETH such as OMG, LRC, SKALE, MATIC... but MATIC's technique is the most suitable.
You can refer to ETH's L2 layer projects under the following link:

https://cryptoticker.io/en/top-5-ethereum-layer-2/