Polygon (MATIC) experienced a noteworthy rebound recently following a crucial announcement from its development team regarding a substantial upgrade in transaction fee calculations. However, despite this positive development, MATIC continues to grapple with a bearish pattern that has persisted for nearly 60 days. Polygon declines from trend line The decline
Over the last day, Polygon NFT volume has surpassed Solana (SOL) volume. Data from CryptoSlam shows that the popular Ethereum-based Layer-2 scaling protocol has surpassed Solana to take third place, after Ethereum (ETH) and Bitcoin (BTC). Polygon’s daily sales volume for the last 24 hours was $7,745,969, according to CryptoSlam
Avalanche (AVAX) and XRP were added to three of Grayscale’s cryptocurrency funds, while tokens like Polygon (MATIC) were removed, as announced on January 5th. Funds like the Digital Large Cap (GDLC), Smart Contract Platform Ex-Ethereum (GSCPxE), and DeFi are affected by the new allocations, which are a component of Grayscale’s
Retik Finance (RETIK) is leading the way in the DeFi space with bold goals and big projects, indicating that it is prepared to take on more established companies like Polygon (MATIC). Declaring boldly that there might be a 25x spike in 2024, Retik Finance postures itself as a contender prepared
Polygon’s native MATIC token has jumped over 15% in early trading Wednesday, nearing $1.10 as bullish momentum propels a bid to clear 2022 highs. The surge comes as Polygon transitions from a scaling solution into a more generalizable blockchain development platform. MATIC currently trades at $1.04, up substantially after finding
The cryptocurrency market is known for its rapid evolution and fierce competition among blockchain projects. In recent years, two giants have emerged as leading contenders: Polygon (MATIC) and Solana (SOL). These platforms have gained widespread attention and adoption due to their unique features and capabilities. However, a new player on
Polygon Labs has announced the discontinuation of contributions to its Edge framework, also known as Supernets. The decision is part of a significant pivot in the development priorities of the Polygon team, redirecting their attention to the expansion of the Chain Development Kit (CDK). Polygon Edge, initially conceived as an
Celestia’s native token, TIA, surged to an all-time high of $12.96 on December 12th. This unprecedented rise follows the exciting announcement of Celestia Network’s integration with Polygon’s Chain Development Kit (CDK). The integration is set to offer a seamlessly integrated module for Celestia within Polygon-based networks, facilitating enhanced data availability.
Over the past two weeks, Polygon’s native MATIC token has shown intriguing signals of significant buyer accumulation despite ranging prices. For seasoned crypto investors, such early signs often foreshadow major volatility swings. MATIC has traded sideways in a relatively narrow band since its unexpected 21% single-day drop seen earlier this
The prices of Layer-2 protocols Polygon (MATIC) and Immutable (IMX) have surged after a report found the two led the growing blockchain gaming sector. This expanded dominance has boosted the investment appeal of both cryptocurrencies. Polygon spiked as much as 10% on Wednesday to $0.97, while Immutable likewise gained 8%
