Tag Archives: MATIC

Polygon reclaimed the number 10 spot after Solana briefly positioned there as its market cap surpassed $9 billion. MATIC could continue in the green direction irrespective of the PoS hardfork. Polygon [MATIC] displaced Solana [SOL] off the 10th position on the market capitalization standings according to information from CoinMarketCap. The ousting happened despite SOL recordingContinue reading “Assessing if MATIC can defend Polygon in Solana market value flip”

Polygon released new updates and data about its zkEVM. MATIC looked bullish on its metrics front and indicators were supportive too. Polygon’s [MATIC] zkEVM has remained a topic of discussion for quite a few months now. This was because its public testnet went live in 2022. Polygon ZK recently revealed that the first public testnetContinue reading “MATIC’s latest price pump could have everything to do with this Polygon update”

The Polygon hardfork intended to address the spike in gas fees and reorgs. Active Addresses have seen more increase compared to December 2022. Polygon’s [MATIC] declared its intent to hardfork its network on 12 January while teasing new features. As per the tweet, the fork will mitigate the increase in gas prices that occurs wheneverContinue reading “Can Polygon’s planned hardfork pull MATIC out of bears’ clutches?”

Polygon saw a decline in DEX volume and network growth despite reaching a milestone in DEX volume. Growing NFT market and ongoing zkEVM developments were positive for Polygon’s long-term potential despite the current setbacks. Polygon [MATIC] recently reached a new milestone in terms of decentralized exchange (DEX) volume. It crossed $50 billion in DEX volumeContinue reading “All doesn’t seem well with MATIC despite Polygon’s latest accomplishment”

MATIC witnessed a 7% surge in the last 24 hours  However, the NFT volume took a hit since the beginning of 2023 Polygon [MATIC] continued to stand in the limelight as its popularity among the big players soared. According to WhaleStats, it became one of the most used smart contracts among the top Ethereum [ETH]Continue reading “Polygon: Are these holders the reason behind MATIC’s latest price surge?”

Mastercard has tapped Polygon for its Web3 and NFT journey Polygon in 2022 had added The Sandbox and Yoots to its network to expand NFT projects on the network With its recent alliances and moves in the industry, Polygon has made many appearances in the NFT and Web3 debates. In a recent release, Mastercard disclosedContinue reading “Are merry MATIC holders in good spirits thanks to Polygon’s latest market moves?”

Polygon showed immense growth in the DeFi space due to its collaboration with Uniswap. However, despite the growth, the volume on Polygon DEXes declined. Polygon [MATIC] was observed to be showing immense growth in the DeFi space over the last few days, despite the bear market. Besides collaborating with web 2 companies, the layer 2Continue reading “Will Polygon’s collaboration with Uniswap help MATIC reach the moon?”

Polygon witnesses significant growth in its Defi and NFT space However, the sentiment against Polygon declined According to new data posted by Polygon, the layer 2 solution was observed to be improving its presence in the DeFi space. This was indicated by the number of liquid staking derivates on the Polygon network which grew significantlyContinue reading “Can Polygon’s growing ecosystem keep MATIC holders warm this crypto winter?”

Polygon, in comparison to Avalanche and Solana, was having a good time with its TVL as it stood close to $1 billion.  Despite the impressive TVL, MATIC holders were holding at a loss of over 60%. Polygon [MATIC] appeared to have an intriguing 2022, as it collaborated with several well-known companies, including Meta, Reddit, andContinue reading “Polygon aces TVL rankings, passes these chains, but will MATIC rebound?”

Polygon’s NFT OpenSea volume has achieved a new record in sales, reaching $324 million. MATIC showed signs of recovery and some of its metrics looked positive.  This new year brought good news for Polygon [MATIC], which hinted that 2023 has a lot in store for the network. Vendible announced that it was launching the IbleContinue reading “Polygon sets a new record, but what is in store for MATIC? “

Polygon is set for a clearer path for investors, thanks to prediction markets. MATIC’s whale activity has also slowed down in the last week of December. 2022 was a great year for Polygon and MATIC as far as partnerships and developments are concerned. The only letdown was the bearish market conditions. But can 2023 turnContinue reading “A recap of Polygon on-chain milestones related to its prediction markets”

Polygon outgrew Solana in terms of market cap. It witnessed growth in the NFT sector; however, prices continued to decline. According to a 29 December tweet by economist Alex Kruger, recent developments boosted Solana [SOL], doubling its marketcap to twice that of Polygon [MATIC]. One reason for the growing interest in Polygon could be its emergingContinue reading “Polygon overtakes Solana in terms of marketcap, but here’s an issue”