Another 273 Million Altcoins Unlocked: Now All On The Market! - Coin Newsletter

Layer 2 scaling project Polygon (MATIC) has unlocked the last tokens that have been locked up.

According to information from blockchain explorer Etherscan, Polygon's locked last 273 million MATIC have been unlocked.

The tokens, worth a total of approximately $253 million, were transferred to the Polygon Foundation address.

Polygon takes transactions to the Layer 2 level, allowing transactions to be made quickly and easily outside of the blockchain. According to data from DefiLlama, the assets held on Polygon are worth a total of $962 million.

According to Etherscan data, with no MATIC left in the lock contract, all MATIC are in circulation.

According to data from TradingView, the MATIC, which fell to $0.92 in the morning today, rose back above $0.95** in the following hours.

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