Tag Archives: MATIC

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The trend and structure of MATIC were bearish. A plunge beneath the bullish order block will present selling opportunities on a retest. The crypto market has witnessed volatility in both directions over the pastContinue reading “MATIC falls to bullish order block – can a rally ensue?”

Polygon’s NFT sales volume increased by 50% while trade counts decreased.  MATIC’s on-chain performance concerned, but Polygon’s revenue registered an increase.  Polygon’s [MATIC] NFT ecosystem has been witnessing growth over the past month, reflecting its increased usage across the globe. CRYPTOSLAM’s data revealed that Polygon’s NFT sales volume increased by over 50% in the lastContinue reading “Decoding the state of Polygon NFTs as MATIC…”

Polygon founder’s tweet caused a stir on social media. Criticisms impacted overall sentiment, NFT and DeFi sectors affected. Polygon [MATIC] has been trying to stir up hype around its new zkEVM solution that will launch on 27 March. In a 26 February tweet, the co-founder of Polygon, Sandeep Nailwal, spoke about the features of theContinue reading “Polygon’s zkEVM announcement backfires, will the network face the heat?”

Jordi Baylina, a Polygon core developer, has responded to the co-founder of Solana who said that provers have not been able to keep up with the chain developments. Polygon [MATIC] will launch its zkEVM scaling solution towards the end of March this year. Jordi Baylina, a core developer of Polygon zkEVM, an upcoming L2 scalerContinue reading “Polygon: Limitations to blockchain scalability emerge as zkRollups go on floor”

Arbitrum outperformed Polygon in the dApp space. A decline was observed in Polygon’s overall dApp activity and TVL. According to recent data provided by Delphi Digital, it was observed that Arbitrum overtook Polygon in terms of Gains Network usage. Well, Gains Network, is a decentralized leverage trading platform. As dApps continue to get drawn toContinue reading “Is Polygon losing its grip in the DeFi space? Arbitrum has the answer”

Polygon partners with Eclipse to launch its new Sealevel Virtual Machine. A new upgrade for Polygon zkEVM will be released with added integrations. Polygon [MATIC] recently made a major announcement that will likely increase the network’s capabilities and offerings. The blockchain has partnered with Eclipse to launch a new software that will allow Solana appsContinue reading “Polygon makes major announcements; here is what you need to know  “

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. Polygon (MATIC), the native token of Ethereum’s (ETH) popular scaling solution, has seen a price appreciation of over 28% since the beginning of 2023. The Polygon network recently underwentContinue reading “Polygon (MATIC) Price Prediction 2025-2030: MATIC rises 28% post hard fork”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MATIC has depreciated by 15%.  A consolidation was underway, and bulls could win if $1.3405 support remained steady.  Polygon [MATIC] took a cue from Bitcoin [BTC] and traded in range on Friday. BTC oscillatedContinue reading “Polygon [MATIC] correction slows down – Can bulls get new opportunities?”

Polygon scan stopped adding new blocks for over one hour on February 22. MATIC did not, however, show any signs of impact as on-chain metrics look normal. A Polygon [MATIC] re-org on 22 February caused some rumors to circulate about the blockchain. According to speculations, there was an outage because data from PolygonScan showed thatContinue reading “Polygon: Re-org causes brief outage, was MATIC affected?”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MATIC retested 50% Fib support at $1.3531. Countering metric signals urged caution. Polygon [MATIC] has reached a key support level at $1.3531, which could give bulls hope for a rebound. However, there were conflictingContinue reading “MATIC falls to key support: Are short sellers running out of opportunities?”

Polygon Labs has reduced its workforce by 20%. A new report showed a steady decline in network revenue in 2022. Polygon Labs, the developer company behind leading sidechain Polygon [MATIC], announced on 21 February that, at the beginning of the year, the company consolidated multiple business units, which resulted in a 20% reduction in itsContinue reading “Analyzing Polygon’s eventful 2022 as layoffs raise questions”

The total transaction fees paid on the network quadrupled over the last 30 days MATIC was one of the best-performing currencies in the market in 2023, having leaped 94% since the start of the year On 21 February, Hinkal, a privacy protocol which lets users anonymize DeFi transactions, announced on Twitter that it would makeContinue reading “zkEVM buzz continues to power Polygon, where is MATIC headed?”