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 th...
Tag: Polygons
MATIC Price Action Sparks Interest Amid Polygon’s New Deal with India’s E-Commerce Giant
Gamza Khanzadaev Polygon inks major new partnership with Flipkart, whose majority owner is Walmart India’s leading e-commerce company, Flipkart, has reportedly entered into a strategic partnersh...
Polygon’s DeFi space witnesses growth but for how long will it help 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 t...
Can MATIC maintain the ongoing hype around Polygon’s latest updates
Data analytics platform, Santiment posted a update on Polygon [MATIC] as of on 5 November. According to the tweet Polygon’s prices have grown tremendously since the beginning of November. Furthermore,...
How a new update might just save Polygon’s declining dApp activity
Polygon’s MATIC is now ranked 11th in terms of market cap, with the altcoin having garnered a lot of interest due to its increasing number of collaborations. Despite its growing number of partnerships...
BitPay supports Polygon’s MATIC tokens
The largest cryptocurrency and Bitcoin payment service provider, BitPay, would enable the MATIC token of Polygon, a decentralized blockchain platform. Panini’s NFT marketplace is one of the first merc...
Is MATIC price about to double? Polygon’s Reddit hype pushes exchange balance to 9-month lows
A sharp rebound in the Polygon (MATIC) market in the last four months has increased its price by 200% when measured from its June 2022 bottom of $0.31. And now, the token is showing signs of undergoin...
Hacktober Strikes Again: Polygon’s QuickSwap Loses $220k
Polygon’s popular decentralized exchange QuickSwap has been hit by a flash loan attack, resulting losses amounting to $220,000. Flash Loan Attack Siphons Off Funds On Monday, hackers targeted the pop...
Can Reddit NFTs’ launch have a positive impact on Polygon’s growth?
Even after increasing its number of collaborations, Polygon has failed to note much growth in terms of its NFT sales. That being said, the Reddit NFT collection, over the past few days, has elicited m...
MATIC may be the center of attention for these reasons despite Polygon’s NFT defeat
Polygon, the layer 2 solution that has been in the news for quite some time for its increasing number of collaborations, expanded into the NFT space. Despite partnerships in multiple domains for their...
What happened to Polygon’s massive NFT ecosystem?
This time one year ago, Polygon was the second largest chain for the number of NFT users, which Footprint Analytics counts as a wallet address that has bought or sold an NFT asset at least once in the...
Will Polygon’s DApp ecosystem growth boost MATIC price?
Now Polygon is the home of more than 53,000 decentralized applications according to the latest statistics published by the leading web three development platform, Alchemy. It has increased nearly 60% ...
Polygon’s 8% gains leads large caps, but market remains stagnant
The cryptocurrency market cap saw net inflows of $12.39 billion since the last wMarket report. As of press time, the total crypto market cap stood at $936.3 billion, up 1.3% over the last 24 hours. Bi...
Blockchains Do Not Address Any Fresh Issues – Polygon’s Sandeep Nailwal
The Co-founder of Polygon Sandeep Nailwal has disproved one of the most harmful myths propagated by fervent blockchain skeptics and that is the fact that the Web3 revolution is not solely intended to ...
Polygon’s preference for this state-of-being may disappoint MATIC investors
Polygon [MATIC] in its latest string of collaborations, announced that the Polygon team will be working with Indian law enforcement. The blockchain would be working to create an online complaint (FIR)...
Uniswap, Aave Pile Into Polygon’s Speedy Rollup Testnet for Ethereum
Polygon announced today the release of its zkEVM public testnet, which will let developers test the deployment of privacy-enhancing zk-rollups in their decentralized applications (dApps). Zk-rollups a...
As Polygon’s ZK stands a day away, MATIC traders have reason to take it easy
The much-awaited Polygon [MATIC] ZK launch is one day away. Amid the buzz around the launch, several interesting developments made their way to the Polygon ecosystem. These updates managed to positive...
Polygon’s zkEVM Public Testnet to enable smoother Ethereum migration
DeFi protocols Aave and Uniswap, along with other projects, will be among the first projects to deploy on the zkEVM testnet. Decentralized Ethereum scaling platform Polygon (MATIC) announced the launc...
Under the (Robin)hood – What Polygon’s updates mean for MATIC
Robinhood, a leading trading app, will launch its Web3 trading app soon. It is in this regard that the platform has announced a partnership with Polygon. Polygon will be the first blockchain that the ...
Polygon’s underground work across Hermez EVM and everything latest
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 ...
Are Polygon’s efforts to go green misfiring due to MATIC’s red resistance
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 sev...
Polygon’s new plan to reduce fees and scale up speed- details inside
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 so...
Starbucks to Offer NFT-Based Loyalty Program Using Polygon’s Blockchain Technology
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Polygon’s Sandeep Nailwal Leads $50M Raise for a Web3-Focused VC Fund
Polygon’s founder, Sandeep Nailwal, alongside other Web3 founders, has raised a $50 million fund that will be focused on Web3 startups. The new venture will be called Symbolic Capital. The fund plans ...
Polygon’s [MATIC] next breakout heavily relies on this factor
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 ...
NFT games have edge over ‘money in, no money out’ games: Polygon’s Urvit Goel
Polygon’s VP of Global Business Development for gaming Urvit Goel believes games that integrate nonfungible tokens (NFTs) have a natural edge on traditional games that don’t allow users to sell their ...
More than 13% of Polygon’s Total Supply Allocated to the Team and Foundation – crypto.news
According to an official Polygon announcement on Telegram, more than 13 percent of MATIC total supply will be allocated to the following three uses: the team (6.40%), Foundation (5.46%), and staking r...
Polygon’s MATIC Has Lost a Vital Support Level
Key Takeaways Around 1.4 billion MATIC tokens were transferred from Polygon’s vesting contract Monday. The transaction was followed by a spike in selling pressure, pushing the token below critical sup...
Despite Polygon’s Bullish Run, Buyers Struggle Near Resistance Of $1.0
The Polygon (MATIC) has had an impressive bull run seen in the last couple of days. The coin is treading above the EMA red lines as seen on the daily price chart. On the other hand, MATIC’s trading vo...
Assessing Polygon’s comeback as Q3 paints new hopes for MATIC holders
Polygon [MATIC] has been riding high in the crypto market recently. The meteoric and yet shocking rise of MATIC’s price has been well-documented in the news. Most recently, Polygon announced the relea...
Polygon’s Q2 data shows significant growth in the ecosystem
The average transaction cost on Polygon (MATIC) declined 49% to $0.018 during the second quarter, according to statistics released on July 26. The network reported that the total transactions it proce...