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The Ethereum merge provides Polygon an edge within the quick time period. 

Key Points:

• With the Ethereum merge shut, MATIC has the potential to develop exponentially as soon as the bull market returns.

• Chainlink’s dominance within the decentralized oracles house provides it robust long-term progress prospects.

• While each LINK and MATIC are more likely to do properly long run, MATIC is more likely to outperform LINK quick time period.

Polygon (MATIC)

Polygon is an Ethereum scaling answer. It is probably the most strong of all the opposite Ethereum scaling options out there at this time. Like the remainder of the market, MATIC has been bearish for many of 2022. However, by way of fundamentals, MATIC is one of the strongest cryptocurrencies at this time. This has a lot to do with its connection to Ethereum. Ethereum is within the last phases of a merge that can see it run fully as a Proof-of-Stake blockchain. The merge may also see Ethereum rely closely on layer-2 options like Polygon for scaling. This means demand for Polygon is set to go up over time. Factor in the truth that MATIC is deflationary, and it’s not laborious to see why it’s one of the cryptocurrencies that might do properly within the subsequent bull run. 

Chainlink (LINK)

Chainlink is a decentralized oracle community. It is probably the most dominant within the decentralized oracles house and accounts for over 60% of this market. Chainlink, like different cryptocurrencies, has taken a beating within the 2022 bear run. LINK has fallen under $10 for the primary time in a very long time. However, given how crucial decentralized oracles are out there, the probabilities are that LINK will bounce again. In reality, if you go by the outdated funding mantras of sticking to the basics, LINK is simply one of the most effective cryptocurrencies to purchase at this time and maintain for years. 

Which one is a better purchase?

Both Polygon and Chainlink are prime cryptocurrencies to purchase and maintain long-term. However, within the quick to medium time period, the chances favor MATIC outperforming LINK. Once the Ethereum merge occurs, the polygon community may see a enhance in utilization. On prime of that, MATIC is deflationary, a issue that can develop into much more vital as community adoption grows.