Polygon’s native token, MATIC, has staged an impressive comeback over the past few weeks. The cryptocurrency has risen back to $0.80 and boosted its market capitalization by 54% in just three weeks, according to on-chain analytics firm Santiment. This recovery comes on the heels of a prolonged bear market for
Polygon, a prominent blockchain network, has been making waves with its recent network updates and the impressive performance of its native token, MATIC. Polygon zkEVM which is a Zero-knowledge Ethereum Virtual Machine Beta hit a significant milestone with seven million transactions in a single day over the weekend. And just
Blockchain platform Polygon has implemented a major upgrade to its native POL token, unlocking new staking features designed to scale Ethereum for mainstream adoption. According to an announcement from Polygon Labs, the upgraded POL token is now live on the Ethereum mainnet. This milestone caps months of development and testing
In our relentless pursuit of excellence and innovation, we are thrilled to announce the next phase of our evolutionary journey: DPEX is now live in “aggregator mode” on the Polygon zkevm chain. By harnessing the liquidity from other leading perpetuals on the zkevm chain, such as Quickswap, DPEX ensures that
Ethereum layer-2 Polygon took a significant step toward its highly anticipated 2.0 upgrade this week with the deployment of native token POL on the Goerli testnet. MATIC co-founder Mihailo Bjelic announced the activation, calling it a milestone in realizing the planned upgrades that will transition Polygon to a new modular
Jaynti Kanani, an original co-founder of the leading layer-2 network Polygon, announced this week that he has resigned from his key leadership duties to pursue other opportunities. In a tweet, Kanani said that after kickstarting Polygon in 2017, he decided around 6 months ago to step back from the “day-to-day
In the dynamic realm of Non-Fungible Tokens (NFTs), Ethereum (ETH) and Polygon (MATIC) have long taken center stage. However, recent data indicates a discernible downturn in some aspects of their performance over the past month. Nevertheless, it is worth noting that Polygon’s NFT ecosystem has managed to secure a significant
According to a tweet published by the market analytics portal Santiment, yesterday saw the biggest Polygon (MATIC) transaction since July 2023. According to the announcement, a whale transferred about 37 million MATIC tokens from a Proof of Stake (PoS) wallet to a 3-year old wallet. It was calculated that the
Just like a Phoenix, Polker is rising from the ashes. The past eighteen months have been challenging across the blockchain industry, but Polker has displayed resilience during these dark times. Poly Network was hacked in July, and their bridge lost control of over 50 tokens – PKR included. Despite having
Polygon PoS, a prominent layer 2 scaling solution for Ethereum, is set to witness a significant shift as it prepares to launch native USDC by Circle, the issuer of USDC on October 10th. This marks a step towards reducing reliance on bridged USDC. The transition to native USDC comes with
