Recently, Polygon stated that it would work with W3W to provide an EVM-compatible dApp marketplace. This EVM-compatible dApp store is anticipated to be powered by an open-source toolset built on MATIC. This open-source toolkit is known as the dApp Store Kit, according to the statement.
It is important to note that Polygon has collaborated with many well-known companies in recent years. These companies include Salesforce, Immutable, and Google Cloud, among others. The ongoing practice of collaborating with well-known companies has given Polygon the upper hand with investors. As Polygon becomes more well-known, demand for MATIC is likely to steadily rise, which may have a favorable impact on its pricing.
Key MATIC Levels To Watch – April 26
As the year 2023 began, an upward trend began. This happened after a sell-side liquidity grab below $0.7610. MATICUSD bounced off the $0.7500 support and commenced the motive trend.
According to the Moving Average, the upward trend continued until the selling pressure at the $1.5680 resistance set the price downward. MATICUSD returned downward to fill the preexisting Fair Value Gap (FVG) at the $1.0200 price level.
Polygon Key Levels
Resistance Levels: $1.3040, $1.5680, $2.1000
Support Levels: $0.7500, $0.6300, $0.5200
Total Market Capitalization: $1.22T
Polygon Market Capitalization: $9.40B
Polygon Volume: $0.54B
Market Rank: #9
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