{"id":315895,"date":"2022-01-13T06:33:04","date_gmt":"2022-01-13T11:33:04","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=315895"},"modified":"2022-01-13T06:36:58","modified_gmt":"2022-01-13T11:36:58","slug":"5-best-layer-2-crypto-to-buy-for-lower-risk-returns-january-2022-week-2","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-layer-2-crypto-to-buy-for-lower-risk-returns-january-2022-week-2","title":{"rendered":"5 Best Layer 2 Crypto to Buy for Lower Risk Returns January 2022 Week 2"},"content":{"rendered":"
It is now the second day of moderate gains for the market as investor sentiment is starting to turn positive. This means great news investors looking for the best layer 2 crypto to buy as well.<\/p>\n
As investors are now hoping to pick their entries right and time the market, it is always important to invest in assets backed by solid projects. To that end, consider some of the top layer-2 coins as part of your portfolio:<\/p>\n
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MATIC is the most popular among the top layer-2 coins. The asset is one of the most valuable coins in the market, and it has been part of many investors’ watchlists recently.<\/p>\n
MATIC is the native token for the Polygon Network – a blockchain scalability solution built for Ethereum. Polygon makes it possible for Ethereum-compatible blockchains to be connected and built.<\/p>\n
Its developers have dubbed the asset Ethereum’s “Internet of blockchains. ” Batches of transactions can be processed on the blockchain, bypassing Ethereum and allowing developers to enjoy faster, cheaper transactions.<\/p>\n
Over the past few months, MATIC has been on an impressive roll. Before December came, and the market started to trade sideways, MATIC had jumped by 67% in a single month. MATIC is poised for big gains now that the market is looking to put those bearish weeks behind it.<\/p>\n
The year 2022 is expected to see additional blockchain development come to light. With Ethereum still battling scalability issues, the Polygon Network is sure to see a spike in activity. This will benefit MATIC in the long run.<\/p>\n
Then, the protocol is also becoming more compatible with non-fungible tokens (NFTs). The Associated Press recently launched an NFT marketplace<\/a> on Polygon, and Dune Analytics data<\/a> shows that NFT activity has been spiking on the network as well. With NFTs still being a hot trend, we see a lot of upside for MATIC.<\/p>\n