The platform has set aside $200 million for DeFi and NFT research. Polygon has validated its integration with Wormhole. The year 2021 has witnessed unexpected crypto advances. The market cap of DeFi tokens, Meme tokens, Gaming protocols, and Metaverse projects grew substantially. New mysterious initiatives are anticipated to be launched
Altcoins are stepping on a higher scale with a tremendous performance displayed during the month of October. The overall crypto market is very excited resulting in bullish momentum across the entire month. Moreover, all the altcoins have shown massive price gains over this week. The three main popular tokens with
The only option to stop the current upsurge seems to be to reach a particular level. It tested and destroyed critical resistance levels around $1.7. The Bitcoin ETF and Ethereum ALTAR upgrades helped to reverse the negative divergence in the cryptocurrency market. Large crypto assets, particularly prominent altcoins like Polygon,
NewsCrypto has developed the bridge between Stellar and Polygon which is now live on Mainnet. It has integrated the Chainlink’s Proof of Reserve feature to ensure the highest standard of security. This bridge allows the XLM users to transfer their tokens to Polygon from the Stellar blockchain. Moreover, it also
Traders may attempt to exit long positions when Polygon is near $2. A big closing over $1.87 would entice investors, alleviating selling pressure. Polygon’s native token, MATIC, looks to be catching up with the market. By all indicators, prices may be on their way to a new all-time high. Likewise,
The ongoing NFT craze has also aided MATIC’s development. MATIC witnessed a 330 percent increase in daily active unique addresses. Layer-2 protocols have experienced increased engagement and network activity in recent months. L1 and L2 solutions continue to remain at odds, notwithstanding the general market turmoil. Polygon (MATIC) witnessed a
Developments with the blockchains of Cardano (ADA), Polkadot (DOT) & Polygon (MATIC) have skyrocketed. Ethereum (ETH) blockchain may run out of the blockchain race soon. ETH 2.0 launch getting delayed will be the reason for ETH’s downfall. The current trend in the present world is development and technology adaptation. If
MATIC’s price has undergone a massive downtrend. Polygon has launched a $2 million bounty program on Immunefi. The Payouts directly handled by the Polygon (MATIC) team. Polygon, which also known as Matic Network, aims to facilitate various tools to increase the speed and lower the cost and complexities of the
Twitter’s Altcoin Sherpa endorsed MATIC. Polygon said MATIC token would soon be available on Bitfinex. Since the market sell-off on September 7, MATIC has been attempting to regain its initial bullish momentum. Although lower highs outlined its positive trend, traders were unable to maintain prices. Its recent rise from $1.20
Polygon has announced its partnership with Mina Protocol. Most signals show a bullish trend for MATIC. Polygon is defined as a protocol and framework that builds and brings Ethereum compatible networks. The platform has announced its partnership with Mina Protocol. This Mina Protocol is a blockchain company that works on
