The demand for BSC network has increased due to increase in gas fee of Ethereum network. Most of the Altcoin projects are now using the BSC network. Even some Ethereum network's Altcoin project is switching to BSC / Polygon network.
But now it is seen that some Altcoin project is being launched in Polygon network. We know that gas fee of BSC network is very low and transaction speed is high. So for which benefit, all these projects are being launched on Polygon network instead of BSC?
The bridge from Ethereum to Polygon is better and can transfer more tokens. Fees on Polygon are lower and transactions are faster. Some people don't like Binance and CZ and would like a neutral blockchain to interact with. There are options other than Polygon though, like Fantom and NEAR protocol. Ref Finance is a really good AMM on NEAR protocol and the fees and speed are even better than Polygon and it's easier to use. The bridge to NEAR, rainbow bridge is the first 100% trustless bridge in crypto.