The Polygon Ecosystem Growth address has recently distributed 217 million MATIC tokens to around 70 addresses, with the aim of promoting development and expanding the ecosystem. This distribution has had a slight impact on the market price of MATIC, resulting in minor declines. Approximately 82.3 million MATIC tokens, valued at around $75 million, have been deposited into popular centralized exchange networks, including Binance, Coinbase, Bitfinex, and OKX. It is worth noting that 32 of the recipient wallets belong to centralized exchanges. The five largest recipient wallets received around 58.3 million MATIC, totaling $53 million, and hold nearly 27% of the overall distribution. This distribution is seen by analysts as a sign of the growth and development of the Polygon Ecosystem, with the funds received contributing to investment support and ecosystem expansion. In addition to this recent distribution, Polygon Village, a sub-branch of Polygon Labs, has announced plans to issue approximately 110 million MATIC tokens worth around $78 million to builders and developers within the ecosystem. This grant aims to enhance on-chain activity. However, following the disclosure of the 217 million tokens, MATIC has experienced a decline in performance. The coin dropped from its peak of $0.96 to a 24-hour low of $0.88. Despite attempts at recovery, MATIC has been unable to reach its highest point in the past 24 hours. Currently, MATIC is trading at $0.94, indicating a 1.94% decrease in value compared to 24 hours ago. This negative price movement is in contrast to the overall positive trend in the cryptocurrency market, with leading assets like BTC and ETH gaining more than 4% in the past 24 hours.