Polygon’s community rejoiced after a recent announcement saw one of the world’s leading consulting firms, Ernst & Young, join hands with the scaling solution. This could be a monumental step, one taken towards the next stage of growth for Polygon. However, there are a few things that should be considered before losing oneself in the hype and sentiment around it.
The partnership is a definite positive and it may trigger another bullish leg for MATIC in the market. However, hype rallies tend to fizzle out fast. What’s more, there are a couple of things Polygon must iron out before the EY collaboration pays significant dividends.
To understand the above dilemma, here is a strong example from 2019.
Back in the day, the TRON network and the TRX token were among the most discussed projects in the ecosystem. Led by a compelling marketing strategy and lead advisor Justin Sun, Tron was regularly in the top 10.