Tag Archives: MATIC

Polygon outperformed Ethereum in terms of activity over the last 24 hours. However, TVL growth for Polygon remains low as DEX volume declined. Polygon [MATIC] has emerged as a prominent L2 solution in recent years, with several partnerships and an influx of NFT migrations contributing to its ability to remain competitive with other layer 2Continue reading “As Polygon surpasses Ethereum in this metric, where does MATIC stand”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Polygon [MATIC] is one of the most popular cryptocurrencies in the world. At press time, it had a market capitalization of more than $10 billion, making it 9th largest crypto by market cap. ItContinue reading “I grilled ChatGPT about Polygon’s [MATIC] price action, but it left me intrigued”

Polygon and zkSync both witnessed a spike in their TVL. However, the number of depositors on both protocols start to fall. The zkEVM sector has been on the receiving end of a lot of activity with both Polygon and zkSync seeing a surge in interest. Polygon‘s recent forray into the  zkEVM space worked as oneContinue reading “Polygon and zkSync capitalize on zkEVM hype, but this is why things could go south”

Polygon’s active addresses increased slightly, but fees and revenue declined in the last few weeks. MATIC’s chart was green, but metrics supported the bears.  Polygon [MATIC] registered a slight increase in daily active addresses over the last 30 days. The growth can be attributed to the much-anticipated zkEVM mainnet launch, which helped attract more usersContinue reading “Polygon witnesses GameFi growth, but will lurking bears impede MATIC’s rise”

MATIC’s strength reflected how the cryptocurrency defied the odds during the 2022 crypto winter.  More holders have gained than they have lost in the last six months. In 2022, the cryptocurrency market experienced an insane amount of volatility. But one asset that held its own during the series of capitulations was Polygon [MATIC]. Crypto investorContinue reading “What Polygon’s [MATIC] resilience to the last market turmoil suggests, as per…”

MATIC exchange supply increased as trading activities suggested sell pressure.  Addresses holding 10,000 to 100,000 MATIC held back on transacting. Over 20 million Polygon [MATIC] tokens were onboarded on exchanges in the last seven days. According to data from Santiment, the exchange supply, which experienced a notable downshift till 24 March, reversed in the oppositeContinue reading “Can Polygon [MATIC] overcome the bears as exchange supply hits…”

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Ethereum’s (ETH) popular scaling solution Polygon (MATIC) has seen a price appreciation of more than 42% since the beginning of 2023. The Polygon network recently underwent a key hardContinue reading “Polygon (MATIC) Price Prediction 2025-2030: Will hard fork spur MATIC’s fortunes”

The Polygon network experienced a divergence between its network growth and price movement. The migration of Y00ts NFT to Polygon could boost network growth and MATIC’s price. The Polygon [MATIC] network has been going through a fascinating phenomenon where its network growth and price movement diverged. Despite this, there is reason to believe that anContinue reading “Polygon [MATIC]: The yin and yang of network growth and price movement”

Polygon’s NFT space continues to grow as metrics surge considerably.  MATIC’s exchange reserve was high, suggesting increased selling pressure. In a tweet, Polygon [MATIC] revealed that y00ts, which recently announced migrating to the network, finished over 75% of its migration in just over 24 hours. Reportedly, more than $464,000 of secondary sales volume has beenContinue reading “Polygon: Achievements might take longer to reflect on MATIC’s price”

Polygon’s co-founder Mijailo Bjelic shared his thoughts on the launch of the zkEVM mainnet in a recent Bankless podcast. MATIC gained over 7% over the past 24 hours thanks to the latest scalability product. Polygon’s [MATIC] co-founder Mihailo Bjelic and technical lead Jordi Baylina appeared in a podcast with Bankless on 28 March, in whichContinue reading “Polygon [MATIC] co-founder: zkEVM mainnet is the ‘holy grail of scaling’”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure and Open Interest signified strong bearish sentiment. The confluence of the breaker block and imbalance could see rejection. Polygon [MATIC] has been strongly bearish on the charts after it formed aContinue reading “Polygon [MATIC] sellers dominant: Is a drop below $1 imminent”

y00ts announced it will migrate to Polygon on 27 March 2023. A day remains until the zkEVM release but MATIC continues to suffer.  Polygon [MATIC] recently witnessed a major boom in its NFT ecosystem, suggesting growth. Santiment’s chart showed that Polygon’s total NFT trade count and trade volume in USD increased considerably since 16 MarchContinue reading “Polygon’s NFT space is booming as trade count surges, thanks to…”