Polygon’s Relative Strength Index (RSI) was oversold. Besides, most of the metrics were supportive of a price surge. Amid the crypto winter, Polygon [MATIC] has been showing signs of recovery. As per CoinMarketCap, MATIC’s price increased by nearly 2% over the last seven days. At the time of writing, it was valued at $0.8121 withContinue reading “Reasons why Polygon [MATIC] investors would be happy in 2023”
By Saman WarisTag Archives: MATIC
Polygon revealed the achievements of its zkEVM since its launch MATIC’s reaction was not up to the mark, but metrics supported a price surge Polygon [MATIC] had a lot to share with the crypto community with regards to its zkEVM’s achievements. To offer comprehensive EVM opcode equivalency for a seamless user experience and the securityContinue reading “Polygon releases zkEVM achievements; will MATIC witness a halt on its pullback”
By Saman WarisPolygon outperforms BNB in terms of transaction count dApps on the Polygon network continue to grow, however TVL and revenue generated decline Polygon managed to make it to the headlines yet again, as the number of daily transactions on the chain exceeded BNB’s daily transactions. Delphi Digital, a crypto analytics firm, stated this via Twitter.Continue reading “Polygon outperforms BNB on this front, but there’s more to MATIC than just this”
By Saman WarisDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Polygon [MATIC] has been moving sideways for the past seven days MATIC could fall to $0.7692 or lower but a breakout above the $0.8154 range would invalidate this bias Polygon [MATIC] has been tradingContinue reading “With MATIC stuck in a range, investors have every reason to track whale movements”
By Saman WarisPolygon has launched the second version of its zkEVM public testnet. It also released two new NFT collections on its Magic Eden Launchpad Leading Ethereum scaling solution provider Polygon announced the launch of the second version of its Polygon zkEVM public testnet as it prepares for its final mainnet launch. The Polygon zkEVM public testnetContinue reading “MATIC gears up for 2023 as Polygon inches closer to the final launch of zkEVM”
By Abiodun OladokunMATIC achieved multiple milestones in 2022 both in terms of on-chain metrics and partnerships MVRV Ratio was considerably down, suggesting a possible market bottom The year 2022 was quite the opposite of eventful for the crypto industry, as the market witnessed a number of crashes that shook investors. Despite the market’s high volatility, Polygon [MATIC]Continue reading “Assessing MATIC’s path for coming days with these Polygon updates at hand”
By Saman WarisPolygon reached a new milestone in terms of unique addresses on its network The growth could be attributed to Polygon’s improving ecosystem The number of unique addresses on Polygon [MATIC] reached new heights according to an 18 December update. One reason for the same could be the development of Polygon’s ecosystem. https://twitter.com/sandeepnailwal/status/1604463974996529152?s=20&t=APv_eRBItJ130gjQFtjNXg   Read Polygon’s [MATIC]Continue reading “Polygon generates new interest from users, could this development be the reason”
By Saman WarisPolygon outperformed other major protocols in terms of daily active users. It witnessed a spike in NFT activity as well, which could be attributed to the launch of an NFT collection by Donald Trump. New data by Token Terminal revealed that the number of daily active users on Polygon’s [MATIC] network grew rapidly over theContinue reading “Did Donald make Polygon [MATIC] triumph over other cryptocurrencies?”
By Saman WarisNew updates released regarding Polygon’s zkEVM. Polygon’s NFT space also witnessed growth last week. Polygon [MATIC] recently revealed the latest developments regarding its much-talked-about zkEVM. According to the latest update, a rigorous, comprehensive security audit for the zkEVM was underway. BIG NEWS: A rigorous, comprehensive security audit of #PolygonzkEVM is now underway 🫡 Read aboutContinue reading “Polygon’s zkEVM is undergoing an audit, but what does it mean for MATIC?”
By Saman WarisMATIC makes it into the list of the top most purchased tokens by ETH whales. Its price action in the last 24 hours reveals that the token is still struggling to secure more upside. Polygon’s native token MATIC kicked off this week with a bullish pivot on Monday (12 December) and has been gradually recoveringContinue reading “MATIC might cross above its 50-day moving average, thanks to ETH whales”
By Michael NderituPolygon’s GameFi and NFT ecosystem registered noteworthy growth However, the metrics did not look favorable for MATIC’s price action Polygon’s [MATIC] GameFi ecosystem recorded another achievement on 11 December as the blockchain partnered with Earn Alliance. The primary objective of this new association was “to bring 100 million gamers to Web3.” https://twitter.com/iftikharpost/status/1601911324367544320?s=20&t=ybHGiNjljFHkmt0phOxbEA Through this collaboration,Continue reading “It’s all green for the Polygon ecosystem, but does MATIC see red”
By Saman WarisPolygon’s zkEVM reached a new milestone, which was an optimistic sign for the network. In fact, Polygon revealed several new planned updates for the future. Sandeep Nailwal, the co-founder of Polygon [MATIC], recently posted an update on Twitter regarding Polygon’s latest zkEVM. According to the tweet, the zkEVM reached a new milestone as it passedContinue reading “Understanding how zkEVM’s latest achievement can help MATIC in long run “
By Saman Waris