Polygon, the Ethereum scaling solution, closed Q4 2024 with mixed results as it continues expanding its enterprise partnerships while experiencing a decline in gaming activity. The network’s POL token saw its market cap rise 31% quarter-over-quarter to $3.8 billion, despite decreased user engagement in some sectors. The most significant development was Polygon’s launch of Agglayer […]
POL (ex-MATIC) has experienced significant growth in daily active users (DAU) over the past year, driven largely by the rise of Web3 gaming, reaching over 1.42 million DAU in mid-2024. While a slight user dip is expected due to the upcoming migration from MATIC to POL, It still leads competitors like Arbitrum, which has 476k […]
In a significant development for the blockchain ecosystem, Polygon has announced a major upgrade to its native token. Set for September 4, 2024, this upgrade will see the transition from MATIC to POL, marking a pivotal moment in Polygon’s evolution toward an aggregated blockchain network. The MATIC-to-POL upgrade is the culmination of extensive community deliberation […]
The crypto market seems to have gone cheap on profits today. as a result, Polygon, the second coin to have seen some profit has only moved by 0.19%. However, the market shows some good prospects from a technical indicator point of view. Let’s try to decipher what may soon happen in this market. MATIC Statistics: […]
Polygon price action has consolidated briefly near a multi-month low, testing the support at the $0.5000 mark. However, price action has broken out on the upside and may yet give buyers more gains. MATIC Statistics: Polygon Value Now: $0.5765 Polygon Market Cap: $5,293,442,090 MATIC Circulating Supply: 9,299,803,031 Polygon Total Supply: 10,000,000,000 MATIC CoinMarketCap Ranking: 13 Major Price Levels: Top: […]
Polygon (MATIC), the leading layer-2 scaling solution for Ethereum, is witnessing a massive influx of large transactions, indicating that whales and institutional investors are accumulating the token. According to data from IntoTheBlock, Polygon’s large transaction volume, which measures the total amount transacted by transfers of more than $100,000, soared by almost 3,000% within 24 hours […]
Polygon (MATIC): Accelerating Ethereum’s Efficiency Polygon, a prominent Layer-2 scaling solution, is aimed at enhancing transaction speed and cost-effectiveness on the Ethereum network. It has emerged as a major player in the decentralized finance (DeFi) space, currently accounting for almost 2% of the Total Value Locked (TVL) in DeFi. Polygon boasts an impressive ecosystem of […]
Polygon price is under bulls’ pressure Polygon (MATICUSD) Price Analysis – 26 June Polygon must first surpass the $0.70 resistance level in order to cross the $0.76 and $0.82 resistance levels. The market may move past the $0.64 support level and be exposed to the $0.49 and $0.40 levels if sellers are successful in unifying […]
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Polygon price is awaiting a breakout Polygon (MATICUSD) Price Analysis – 05 June When Polygon crosses the $0.95 resistance level, it can then cross the $1.01 and $1.12 resistance levels. The market may move past the $0.87 support level and be exposed to the $0.82 and $0.76 levels if sellers are successful in unifying their […]
