Decentraland (MANA) Price Surges 20.78% on Continuous Partnerships

  • Decentraland has recently partnered with Polygon.
  • MANA price has surged by 20.78% in the last 24 hours.

Over the past few days, the price of the metaverse project Decentraland (MANA) surged early Friday as metaverse tokens became the best-performing digital assets since the start of this year.

The proliferation of partnership arrangements is one of the primary forces at work behind the current upward trend in the cost of MANA. MANA has recently formed a cooperation with Polygon (MATIC), which runs its own side-chain on Ethereum.  Their side chain can be utilized by scenes to support transactions that are both quick and have very low cost.

Through this agreement, gamers will be able to conduct transactions using MANA on the Polygon network, view their current MANA balance on Polygon, and transfer MANA from the main chain to Polygon. Additionally, because these are handled via meta transactions, the participants do not need to switch networks on their browser wallets in order to operate on Polygon’s network. This is a major convenience for the players.

Decentraland (MANA) Price Surges 20.78%

According to the data provided by CoinMarketCap, the price of MANA has increased by 20.78% in the last 24 hours and is currently trading at $0.6829 as of the time this article was written, which corresponds to a price change of 22.47%.

A point of resistance has been established for MANA at the price of $0.7278, while the price of $0.5537 has established itself as a point of support. The growth in trading volume, which has increased by 50.97%, as well as the increase in Market Cap, which has increased by a range of 22.41% in the last 24 hours, both provide additional proof of the positive momentum in the MANA market. MANA reached a weekly high of $0.7278 and a weekly low of $0.3814.

The collaborations that MANA has participated in have proven to be fruitful, as seen by the fact that the cryptocurrency joined forces with CoinGecko in the year 2018.

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