Sandeep Nailwal is one of the founders of Polygon (Matic) and he tweeted that Solana is gaining a lot of traction mainly because of its ‘awesome American marketing machine’.
Both protocols are somewhat competing for users who want to use DeFi and NFTs. The big difference is that Polygon is built as a second layer on Ethereum and Solana has its own blockchain.
Growth in 2021
Comparing share prices, they both have an impressive 2021 behind them. The percentages below are the growth since June 2021, when the crypto market hit its lowest point of the year.
In addition to the daily number of active users, Nailwal also said that Polygon has 2,000 to 3,000 active teams of programmers, while Solana is said to have only 200-300 active teams.
In the same thread, a user said that Solana measures its statistics in a different way, which makes comparison difficult. This is quite important, because the way activity of a network or wallet is measured affects how investors look at a project.
So, clearly Solana has experienced greater growth, but according to Nailwal, this is due to nothing more than marketing. Time to dive a little deeper into that.
Solana most use platform
Crypto analyst Spencer Noon wrote that many other analysts say Solana is the most used platform for smart contracts after Ethereum, but a look at the blockchain data says otherwise. He says that Polygon is in second place (after Ethereum) and that Solana is lagging behind.