Tag Archives: MATIC

MATIC flipped SHIB to become the most traded token among whales. MATIC’s weekly chart was green and market indicators suggested a further price hike. Polygon [MATIC] has shown growth in its DeFi space over the past, with several new integrations that help increase the network’s offerings and capabilities. The latest one is the integration withContinue reading “Polygon’s DeFi space shows increased promise: How will MATIC react?”

Polygon outperformed Ethereum in NFT transactions, solidifying its layer 2 position. Despite growth in the NFT market, the network faced declining dApp activity and token volume. Polygon [MATIC], a layer 2 scaling solution for Ethereum [ETH], has been outperforming the latter in terms of the number of NFT transactions made on each protocol. Moreover, theContinue reading “Polygon outpaces Ethereum in NFT transactions, but challenges loom ahead”

Polygon collaborated with a finance giant in tokenizing assets. While NFT interest surged, MATIC could also remain bullish in Q1. As part of its plans to expand its impact in the crypto sector, Polygon [MATIC] secured a partnership with Hamilton Lane per its $2.1 billion tokenization flagship fund. In October 2022, the investment firm announced thatContinue reading “Polygon’s continual disruption could influence MATIC’s Q1: Here’s how”

Polygon zkEVM registered growth during the last seven days.  New partnerships for Polygon, but price action remained negative. Polygon [MATIC] published Polygon zkEVM’s latest statistics on 31 January. As per the data, zkEVM’s growth over the last week looked promising for the Polygon network.  Source code available? CheckPublic testnet? CheckLive prover? Check Zero Knowledge doesn'tContinue reading “Polygon network keeps booming, but can zkEVM save MATIC from loss”

Polygon hit NFT milestone as userbase grew.  Public sentiment and whale interest fell. Polygon [MATIC] reached yet another new milestone on the NFT market place OpenSea. Data from Dune Analytics showed that the number of Polygon OpenSea users surpassed 1.6 million. Along with that, the weekly volume for Polygon marketplaces observed immense growth over theContinue reading “Polygon on OpenSea reaches a new milestone in terms of volume, but…”

MATIC, worth $56 million, was transferred to a whale address before its price surged. Metrics and market indicators supported the bulls at press time. Polygon [MATIC] became a hot topic of discussion in the crypto space as its price pumped at an unprecedented rate. CoinMarketCap’s data revealed that MATIC registered double digit growth last week,Continue reading “Will Polygon’s [MATIC] bull rally come to a grinding halt? Assessing…”

Polygon became the 10th largest crypto in terms of market cap. Metrics remained bullish over the last week. Polygon [MATIC] reclaimed its position as the 10th largest cryptocurrency in the world in terms of market capitalization by flipping Solana [SOL]. Thanks to MATIC’s recent price action, which helped the network once again enter the topContinue reading “Polygon overtakes Solana by market cap- MATIC’s journey to moon guaranteed?”

DeFi protocols powered Polygon’s network growth. MATIC’s price rallied by over 10% at press time. Polygon’s [MATIC] fantastic 2023 continued and investors couldn’t have asked for more. As a crypto market analyst revealed on 26 January, the scaling solution surpassed Ethereum [ETH] in daily active users by blockchain, hitting more than 344k users at pressContinue reading “Polygon’s [MATIC] price shoots up after recording handsome growth in…”

Polygon’s DeFi presence caused spike in daily active addresses. NFT demand on Polygon continued to decline, paralleling MATIC’s token disinterest. New data provided by Token Terminal suggested that Polygon [MATIC] witnessed a significant increase in daily active addresses, ranking second after Binance Coin [BNB]. One potential reason for this increase could be Polygon’s presence inContinue reading “Polygon’s DeFi presence causes surge in this metric: Will MATIC rally”

Solana flipped Polygon to become the 10th largest crypto in terms of market cap. Polygon’s NFT ecosystem witnessed growth with increased trade count and new integrations. Over the last few months, there were several upsetting news stories that negatively affected the crypto industry, notably the FTX crash. However, despite this, long-term sentiments towards Polygon [MATIC]Continue reading “Polygon loses to Solana in market cap – fret not, as it grows in this sector  “

Polygon completed its hard fork upgrade on 17 January. New demand for MATIC has climbed significantly since the year began. Polygon [MATIC], the sidechain connected to the main Ethereum [ETH] blockchain, completed a hard fork to its proof-of-stake (PoS) network on 17 January. The purpose of the hard fork, as stated in a 12 JanuaryContinue reading “Amidst Polygon’s hardfork and increased profit-taking, which way will MATIC go?”

The Polygon network observed a surge in stablecoin flow, impacting DeFi positively. The upcoming hardfork could reduce gas fees for users. The flow of stablecoins surged on the Polygon [MATIC] network over the last few days, impacting the DeFi space positively.One of the key areas of growth for Polygon was its Total Value Locked (TVL),Continue reading “Polygon: The flow of stablecoins into the network could impact MATIC in this way”