Tag Archives: MATIC

In its latest report, Polygon [MATIC] claimed to have recorded remarkable growth in the Decentralized Applications (dApps) arena. According to the third quarter assessment released on 7 October, dApps built on the Polygon chain stood at 53,000. This number represented a 60% increase from Q2 and a 3x growth from March 2022. But you can’tContinue reading “Polygon records 3X growth in this area; still, MATIC faces challenges”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC is witnessing a bearish pattern on the daily timeframe Key metrics marked a plunge, but Open Interest across exchanges showed a positive sign Since its mid-June lift-off, Polygon [MATIC] bulls have recovered losses while facingContinue reading “How MATIC buyers can leverage this setup to remain profitable”

Polygon’s [MATIC] 6.55% uptick in the last 24 hours may not be because of the all-inclusive crypto market redemption. While this claim does not exclude the contribution, other factors seemed to ensure a guaranteed increase. Based on Santiment data, MATIC investors could be preparing to grab more of the bullish traits. This is because theContinue reading “Polygon [MATIC]: Chances of a toss-up could be underway because…”

Polygon’s [MATIC] underground works across the Hermez EVM and public chain roll-ups have not resulted in glad tidings for investors. According to the project’s co-founder, Anurag Arjun, Polygon had a lineup of developments. In summary, the integrations would be aimed at a common goal— to scale the ecosystem with cryptographic proof and seamless validation. However,Continue reading “Polygon’s underground work across Hermez EVM and everything latest”

Polygon [MATIC] showed promising price movements and managed to maintain some hope for better days ahead. MATIC registered a 3% growth in the last 24 hours and was trading at $0.7709, during press time. Not only did MATIC witness a positive price movement, but the token’s popularity also witnessed a surge. MATIC was among theContinue reading “Polygon: Exploring factors that could initiate MATIC’s southward journey”

The Polygon [MATIC] zero-knowledge Ethereum Virtual Machine (zkEVM) is set to launch on its mainnet in 2023. The zkEVM project was contained in the third quarter report prepared by The Tie IO (data analysis firm). zkEVM is a scaling solution created by Polygon to increase dApps’ scalability. So what does zkEVM have to do withContinue reading “MATIC long-term holders exiting their position in 2022 need to know this”

Polygon and its MATIC token are headed for interesting times especially with the latest developments. The Ethereum L2 recently confirmed a collaboration with the Robinhood trading platform and their new relationship just reached an important milestone. Polygon previously announced a partnership with Robinhood and the same impacted MATIC’s price action. No official launch date wasContinue reading “Polygon traders wishing for auto’MATIC’ surges may be unhappy because…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Over the last three months, Polygon [MATIC] bulls restored their edge from the 14-month support at the $0.34-level. The resulting buying comeback propelled a bullish pattern that aided MATIC in retesting the 200 EMA (green). The altcoinContinue reading “How MATIC buyers can leverage this strategy to remain profitable”

Polygon [MATIC] rested its short-term support last week but failed to garner enough buy pressure to support a healthy bounce. Instead, the bulls lost the battle to the bears, leading to a 24% crash in the last 10 days. MATIC had been trading within a megaphone pattern prior to the bearish performance since mid-June. ItContinue reading “Polygon traders may be in for a pleasant surprise after MATIC’s bear season”

Polygon [MATIC] has managed to piqued the curiosity of whales or so called dominant buyers in the past few days. Polygon’s recent collaborations and growing domination in the dapp and NFT market may have spurred this interest. Will Polygon be able to sustain whale interest for longer than anticipation?  Shopping Spree WhaleStats, a crypto whaleContinue reading “Polygon: Dominant MATIC investors should read this before going all in”

After the recent successful completion of the Ethereum [ETH] Merge several other tokens benefited from it. And one of them happens to be Polygon [MATIC].  The Polygon blockchain, in the past, made several efforts to reduce its network footprint by launching the green manifesto. However, recently it announced that its network footprint had been reduced byContinue reading “Are Polygon’s efforts to go green misfiring due to MATIC’s red resistance”

Polygon is planning to kick its operations into high gear especially now that the Ethereum Merge has been finalized. Polygon’s latest announcement reveals an ambitious goal that if successful, will solidify its position as the most powerful Ethereum L2 solution. Polygon revealed in a recent blog post that it is experimenting on different block sizesContinue reading “Polygon’s new plan to reduce fees and scale up speed- details inside”