Tag Archives: MATIC

Polygon announced its partnership with Warner Music Group and yet-to-launch music NFTs platform LGND Music. The network confirmed that it commenced the first batch of one-third vesting and distribution further to its February fundraising.   Blockchain projects seem to be scampering for end-of-the-year wins following the series of problems that have plagued the ecosystem since theContinue reading “Can Polygon’s series of updates help MATIC get rid of its year-end woes”

Polygon’s NFT space witnessed growth over the last week, along with active users Exchange reserves fell, but MATIC’s MVRV Ratio looked troublesome  Sandeep Nainwal, the co-founder of Polygon [MATIC], tweeted about the blockchain’s new achievement on 4 December. Polygon’s NFT ecosystem witnessed growth as Reddit minted over 250k “avatars” in a single day. https://twitter.com/sandeepnailwal/status/1599454710351925248?s=20&t=ThTsD5umivDjVVnBSo6PIA ReadContinue reading “Polygon crosses Ethereum in this metric: Will MATIC respond positively”

Polygon witnessed high activity in terms of active users on dApps However, its TVL continued to decline along with its MVRV ratio According to a 3 December tweet by token terminal, dApp activity on the Polygon network continued to grow over the last few months. Polygon grew its market share in terms of daily activeContinue reading “Polygon’s dApp activity upsurge could mean this for MATIC in the days to come”

Polygon announced another push towards complete decentralization with a partnership with The Graph MATIC’s reaction to the development has been somewhat neutral Polygon [MATIC], in its efforts to achieve full decentralization, notified the crypto community of its alliance with The Graph [GRT]. According to the Polygon team, the integration would mean that the web-3 projectContinue reading “Graph protocol adds support for Polygon, but what does it mean for MATIC”

Polygon’s Total Value Locked (TVL) registered a downtick  Metrics were supportive of a continued surge  DeFiLlama’s recent data revealed that in the past week, Polygon [MATIC] stood out after having the newest Defi protocols listed. This development looked promising for Polygon, which has been witnessing a decline in its total value locked for several weeksContinue reading “Polygon’s DeFi space witnesses growth but for how long will it help MATIC”

Polygon’s active addresses reached 15 billion last month  The reading of MVRV Ratio indicated that the bottom was perhaps close Sandeep Nailwal, the founder of Polygon [MATIC], recently tweeted an important update for the ecosystem. He revealed that Polygon’s active addresses reached 15 million in the last 30 days. The update looked pretty promising forContinue reading “MATIC’s latest active address count can give clarity to short-term traders”

Magic Eden announced that it now supports NFTs minted on the Polygon network. Poly-based NFTs have seen more sales in the last month than their counterparts on Ethereum and Solana. Leading NFT marketplace Magic Eden took a step further in its multi-chain expansion as it announced support for non-fungible tokens (NFT) minted on Ethereum scalingContinue reading “As Magic Eden expands to Polygon, here is what you should know”

Polygon’s zkEVM crosses 14,000 transactions since its launch  MATIC metrics looked in favor of a price surge in the coming days Sandeep Nailwal, the co-founder of Polygon [MATIC], recently posted an update regarding Polygon’s zkEMV. According to Sandeep, the zkEVM recently crossed the 14,000 transaction mark, that too without downtime. This was a significant development forContinue reading “Polygon: This milestone could turn investor heads towards MATIC because…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice MATIC’s decline below the $0.94-level manoeuvred the near-term trend in favor of sellers The crypto’s social dominance and network growth took a plunge. The recent selling efforts pulled Polygon [MATIC] back into its bearish track asContinue reading “Forecasting MATIC’s fortunes for the upcoming week”

Polygon’s revenue increased, but TVL continued to fall MVRV Ratio and social dominance down  Polygon [MATIC] again became a hot topic in the community as it ranked third on the list of top DeFi projects in terms of revenue in the last 24 hours, only behind Uniswap [UNI] and QuickSwap [QUICK].  Despite the growth inContinue reading “MATIC ranks third in the list of top DeFi projects by revenue, thanks to…”

Polygon confirmed its selection by Nike to build its web3 experiences.  MATIC continues to suffer as a result of the general market downturn. In the last six months, MATIC holders have held at a loss Following Nike’s announcement of .SWOOSH on 14 November, Polygon [MATIC], in a tweet, confirmed that the leading sports brand hadContinue reading “MATIC holders fail to see relief in spite of Nike partnership, here’s why”

Polygon becomes the first ecosystem to host an airport metaverse MATIC is still struggling to recover despite healthy network growth. Polygon has been celebrating different wins lately but its latest one slaps different. With the network leaning heavily towards metaverse offerings, Polygon has become the first blockchain network to host an airport metaverse courtesy ofContinue reading “Why Polygon’s metaverse update could be a game changer for MATIC holders”