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Sandbox positioned at the apex as the metaverse network plans migration to Polygon

  • The Sandbox metaverse revealed plans to migrate to the Polygon Network, an Ethereum scaling solution. 
  • Sandbox is on track to launch a DAO in 2022, allowing landowners in the metaverse to determine the game's future. 
  • Analysts are bullish on Sandbox price, fueling a rally in the metaverse token. 

The Sandbox game prepares for migration to the Polygon network, an Ethereum layer-2 scaling solution that could minimize transaction costs in the metaverse. The launch of Sandbox's DAO could let players govern the metaverse. 

Sandbox price prepares for a rally ahead of migration to Polygon network

The Ethereum-based metaverse is based on virtual real-estate and NFT collectibles. Sandbox has finished its first Alpha playtests and prepares to hold more in 2022. This would be followed by a public release of the metaverse game. 

There is a spike in the number of active players in the Sandbox metaverse, and the rise in interest in crypto games fuels a bullish narrative for the token. 

Sebastien Borget, the co-founder and COO of Sandbox, said that the metaverse token is ready for players' community-owned, user-customizable games. Borget was quoted as saying, 

Every day, the map is different…[]... I feel like it's a digital nation—living and breathing. That's why it's exciting. It's culturally rich, it's global, and it's accessible.

@BigCheds believes that Sandbox price is approaching an area of interest. 

Over the past year, Sandbox price has posted over 15,663% gains. @AltcoinSherpa, a pseudonymous crypto analyst, believes that Sandbox resistance is at $7.5. 

@Hayess5178 believes that the Sandbox uptrend is strong and has a bullish outlook on the metaverse token. 

FXStreet analysts have evaluated the Sandbox price trend and predicted that the metaverse token is holding support while bears target $2. The gaming token is currently trading at $5.96. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

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