Matic is already a stable coin for these past few months. As I remember back last quarter, I started to play around on the Matic network since before it was the only first famous layer 2 chain on top of Ethereum, I play around on some DeFi farming there. And I own some Matic or earn some Matic there.
But overall, it's good for me, even there is no up as long as no huge dumps are coming, sideways are better especially for accumulating.