Polygon which has previously gained recognition as MATIC Network has disclosed that it has integrated into Google’s BigQuery Service. Users can now be able to analyze data from Polygon Blockchain on Google’s BigQuery Service. Polygon has now joined the crowd of other blockchain platforms that have their own datasets on BigQuery, including Bitcoin, Ethereum, Ethereum Classic, Zcash, and others.
Polygon disclosed that the amalgamation of the Polygon Platform in Google Cloud’s BigQuery will allow users to get in-depth understandings of activity on the blockchain. Users will be able to watch different attributes of on-chain activity comprising gas costs, an activity linked with specific smart contracts, the acceptance of different tokens and applications, and more.
Recently, Polygon has gained popularity because of its large part in projects like SushiSwap, Aave, and 1inch issuing variants of their apps on the platform. While the Polygon project is working on a broad assortment of methodologies to mount Ethereum, their Polygon PoS (Proof-Of-Stake) platform is presently a famous alternative amongst cryptocurrency users who want to prevent the high business costs triggered by overcrowding on the Ethereum network.
Furthermore, this sharp increase in activity on Polygon was mirrored in the markets for MATIC, the native token of the platform. The token rose 122% in the last 30 days and is presently the 15th most populous crypto asset by market capitalization ($9.01 billion). The latest increases exhibited by MATIC are quite effective in the framework of the wider cryptocurrency market in the last month, ETH dropped by around 8%, while Bitcoin took a far greater -34.8% hit.