Tag Archives: MATIC

As the Ethereum [ETH] transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) draws nearer, it is expected that specific crypto projects might be affected by the switch. Some might get a good outcome. For others, the consequence might be negative. One of such is Polygon [MATIC], the scaling solution that runs on the Ethereum blockchain. RespondingContinue reading “What MATIC investors should anticipate post-Ethereum Merge”

Polygon [MATIC] has been busy building an infrastructure on the network lately. It rolled out the Miden VM v0.2 update on 24 August, which comes with a “complete architecture overhaul and lots of new features”. The Miden VM is now Turing- complete and arrives with a read-write random access memory. This means that the VMContinue reading “Polygon’s [MATIC] next breakout heavily relies on this factor “

Polygon has had quite an impressive week this time around as it chased down a milestone in DeFi. It has now become the fifth largest blockchain in terms of its DeFi total value locked (TVL) after overtaking Solana in the rankings. According to DefiLlama, Polygon’s latest TVL is calculated at $2.07 billion after an influxContinue reading “Polygon loses $1 mark but manages community support- here’s how”

Polygon [MATIC] emerged as one of the market’s best performers over the last two months. In doing so, it maintained its position among the industry’s top cryptocurrencies. However, on the back of every great rally comes great FOMO, and this leads to the saturation of buying pressure. Could that lead to a trend reversal forContinue reading “Should MATIC investors expect alt’s $290M accumulation trend to decline”

It has been quite an interesting week for Ethereum’s community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now. The latter’s native cryptocurrency, MATIC, concluded the week on the back of a significant upside on the charts. MATIC’s bulls notedContinue reading “Can MATIC really leverage the hype around Ethereum for more upside?”

Polygon’s [MATIC] recent bull run evoked a break beyond the EMA ribbons to reveal a robust buying revival. As the ribbons finally undertook a bullish flip, the $1-zone has been plateauing the streak of green candles. The breach of its up-channel has signified ease in the buying pressure. A reliable jump below the existing patternContinue reading “MATIC’s close above this range can provoke rally toward $1.18”

Over the last week, MATIC has been trying to post positive gains. Even though the bears have the upper hand, the momentum is not entirely in favor of the sellers. Notably, MATIC was 0.39% down within the past one hour of press time. However, it was still 5.61% up in the last seven days.  Well,Continue reading “Decoding reasons behind MATIC’s latest price surge”

Polygon is back again in the heat of the mix. The network started in August with a new raft of developments. The updates look to have affected MATIC’s price over the week. The token noted a 7.5% surge over the week at $0.92 according to CoinMarketCap. Polygon’s MATIC has responded to the improving market conditionsContinue reading “Polygon rounds off an active week with this developing hope”

Ethereum’s Merge date is days away and the countdown has many people wondering about the fate of layer-2 scaling solutions. You may have noticed Ethereum-associated cryptocurrencies and tokens such as MATIC are up substantially in the last few weeks. However, the move to proof of stake will solve some of the scalability issues associated withContinue reading “Exploring MATIC’s long-term potential post Ethereum ‘Merge’”

Polygon network continues to see impressive growth within its ecosystem. Just a day ago, the Polygon contract address released 13.87% of the total supply to the foundation contract address. Following the significant development, the native token experienced key movements. Up or down?  Following the network, token unlock, mass awakening of MATIC addresses was observed onContinue reading “Polygon can see volatile price move in near term- here’s why”

Polygon [MATIC] registered tremendous gains throughout July across the crypto market. Between the start of the month and its end, MATIC made over 80% in profits. It recorded an uptick from $0.46 to $0.97 within thirty days, as per CoinMarketCap. Interestingly, the Polygon ecosystem did not just hold all the good parts for its token.Continue reading “Polygon recorded unprecedented growth in July- Decoding ‘why’”

One of the major participants of the crypto industry on the investment and DeFi front, Polygon has been observing phenomenal growth over the past couple of weeks. This growth is not on the path of further extension as the changing dynamics of the network will bear an impact on the altcoin. Polygon unlocked On 2Continue reading “Can Polygon [MATIC] reclaim the $1 mark this week”