Polygon (formerly Matic Network)

Strengths: Layer 2 scaling solution for Ethereum. High throughput, low fees, and fast transaction finality. A growing ecosystem of decentralized applications and projects. Weaknesses: Dependency on Ethereum for security. Limited adoption compared to Ethereum and Binance Smart Chain. Opportunities: Integration with Ethereum DeFi and gaming applications. Development of interoperability solutions with other blockchains.