In a significant development for the blockchain gaming and decentralized finance (DeFi) sectors, Polygon (MATIC) has emerged as the undisputed leader in GameFi, boasting the highest number of active wallets across all Layer-1 solutions over the past 90 days. .@0xPolygon has the most active GameFi wallets out of all Layer-1s
In order to recover a place among the top 10 market capitalization, Solana has flipped one of its key competitors, Polygon. When the Terra collapse broke in May, SOL was valued at $5 billion, but MATIC was only worth around $16.8 million. However, the FTX catastrophe destroyed Solana. In the
Polygon (MATIC), the Ethereum scaling solution, has continued to witness a decline in recent days. The bearish momentum of the Polygon (MATIC) resulted in the coin reaching its lowest trading price since January 2023. On May 8th, the MATIC price witnessed a decline, which led to a breakdown from its
Users of Ethereum have long had to deal with high gas prices because of the network’s popularity, which causes fees to increase during busy periods. Users of the Polygon network may have discovered some relief in April, though. Data shows that compared to Ethereum Mainnet, Polygon’s daily average gas rates
In Thursday’s event of Consensus 2023 conducted by Coindesk, Google Cloud partnered with Polygon Labs for supporting all the protocols that include PoS, Supernets, and zkEVM respectively. This will enhance developers for the process of building Web3 products on an Ethereum-based layer 2 blockchain. @googlecloud ☁️ @0xPolygon Google Cloud will
Polygon zkEVM entered beta last month, and on April 26 the company stated that its Polygon PoS Bridge was ready for use. Scalability options for dApps on the Ethereum blockchain are available via the Polygon zkEVM network. Introducing Polygon Bridge to Polygon #zkEVM 👉🏽 Better Bridge👉🏽 Fast Finality👉🏽 Asset Support👉🏽
Binance, the world’s largest crypto exchange, has announced its collaboration with Unstoppable Domains, a company specializing in blockchain domain names. This collaboration allows users to choose their preferred digital identities. By owning such a domain name, it makes it easy to send or receive cryptocurrencies instead of using alphanumeric wallet
On Wednesday, a global investment managing organization, Franklin Templeton announced the ‘Fund’ is supported on the Polygon blockchain. The ‘Fund’ refers to the Franklin OnChain U.S. Government Money Fund (FOBXX) which uses public blockchain for processing transactions and recording share ownership respectively. .@FTI_US is now #onPolygon 🏦 Franklin OnChain U.S.
The cryptocurrency market has been trading in the red, with a sharp decrease for almost all cryptocurrencies. Not even Polygon (MATIC) could buck the market’s downward momentum. According to CMC, MATIC lost 15% of its value in the previous week. Trading volume in the NFT market is also at a
The advent of Polygon’s proof-of-stake (PoS) blockchain has brought about a revolution in the world of cryptocurrency. With its lightning-fast transaction speeds and low fees, Polygon has gained widespread adoption, leading to a staggering 240 million unique addresses on its blockchain. This remarkable achievement speaks volumes about the growing popularity
