Polygon News
Buy Signals Flash for POL, AVAX, SHIB & MKR: Is the Tom DeMark Indicator Reliable?
Polygon (POL), Avalanche (AVAX), Shiba Inu (SHIB), and Maker (MKR) are showing signs of life after the recent market downturn. The Tom DeMark Sequential indicator has flashed buy signals for...
Polymarket Banned in Singapore Over Gambling Regulation Breach
Polymarket, the crypto-based prediction market platform in New York, is now banned in Singapore. Local authorities labeled the platform as an illegal gambling operation. The ban took effect on January...
5 Altcoins Buck the Trend With Price Swings
The cryptocurrency market in general and the altcoins in particular, is showing price movements, and five altcoins—NEAR Protocol (NEAR), Render (RENDER), Polygon (POL), Injective ($INJ), and Internet Computer (ICP)—have captured...
Polygon 2.0 Unveils AggLayer Protocol for Web3 Unification
Polygon Labs CEO Marc Boiron has unveiled the AggLayer protocol, aiming to unify the Web3 ecosystem. The protocol will integrate major Layer 1 networks like Ethereum and Solana under Polygon...
$8M in MATIC Moved by Polygon Foundation As POL Migration Nears
The Polygon Foundation, the group behind the Ethereum scaling network Polygon (MATIC), has transferred a whopping $8.1 million in MATIC tokens (16.49 million MATIC) to Binance, the world’s largest crypto...
MATIC Price Soars 12.44% as Bulls Eye $0.54 Resistance—But Can It Hold?
Polygon (MATIC) is currently experiencing a notable bullish momentum. Over the past 24 hours, MATIC’s price has surged by 12.44%, reaching $0.5309. This substantial increase reflects a broader positive trend...
MATIC to POL: Polygon’s Bold Move for a New Ecosystem
Polygon’s native token, MATIC, has taken a steep dive, plummeting 70% in just five months. The recent crypto market volatility, coupled with a massive 30 million MATIC transfer from Binance...
High FDV, Low Circulating Supply Projects: Analyzing Market Potential and Risks
Investing in projects with a small circulating supply but a high fully diluted valuation (FDV) can be a double-edged sword as per Token Unlocks data. These projects often have significant...
Fuse Network Upgrades Infrastructure, Adopts Polygon’s ZK-Rollup Tech
Fuse Network boosts scalability with ZK-powered Layer 2 and Polygon CDK integration. Deflationary token model is set to enhance FUSE value. New maximum validator stake for improved participation. Fuse Network...
Polygon to Replace MATIC with POL Token, Price Impact Analysis
Polygon (MATIC) is set for a transformation as it prepares to migrate to its new native token, POL, starting September 4th. This transition marks a pivotal moment for Polygon enthusiasts...
Ethereum Vitalik Buterin’s Vision for User-Friendly Crypto Transactions Gains Momentum
Vitalik Buterin highlights the need for improved UX in dApps. Ethereum co-founder Vitalik Buterin is calling for a major upgrade to the user experience on decentralized applications, specifically highlighting the...
Polygon Secures Key Partnerships with Ronin and Fox News, Boosting MATIC
Sandeep Nailwal, co-founder of the Polygon (MATIC) network, announced two significant partnerships on X (formerly Twitter), expressing his excitement about the blockchain’s growing adoption. Nailwal noted that Ronin Network, the...
Polygon CEO Criticizes Layer 3 Networks, Cautions Potential Risks
Polygon Labs CEO Marc Boiron has reportedly denounced Layer 3 networks in his recent X post. He spotlighted the potential risks of Ethereum losing its security with the advancements of...
Polygon (MATIC) Makes Final Splash: Can MATIC Break Out for a $1.73 Rally?
Polygon has recently finished the final release of the native token, MATIC, in the market, providing the foundation for the adoption of Polygon 2.0. The transfer comprised 273 million MATIC...
Polygon Reigns Supreme in Ethereum Layer Two Poll with 44.1% Preference
In a recent poll collecting community feedback on their top preferred Ethereum layer two scaling solutions, Polygon has emerged as the probable option among cryptocurrency enthusiasts. The poll was conducted...
Polygon Prepares Huge Upgrade, Switching From MATIC to Hyper-Productive POL
According to Polygon Founder Sandeep Nailwal, the anticipated upgrade of the Layer-two blockchain will happen this year. The upgrade would see Polygon change the ticker of its native token from...
Grayscale Consents to Dumping Polygon’s MATIC Tokens, MATIC Tanks 14%
Grayscale has eliminated Polygon (MATIC) from its Digital Large Cap Fund. The firm specifically mentioned it sold MATIC to acquire AVAX and XRP. Grayscale also eliminated CRV from its DeFi...
Polygon’s Founder Says Chainlink Integration Is a “Game-Changer for DeFi”
Sandeep Nailwal, founder of Polygon, took to X (formerly Twitter) to share his optimism following Chainlink’s Data Feeds integration on Polygon zkEVM, highlighting it as one of the significant strides...
Analysts Spots Significant Patterns on the Polygon (MATIC) Price Chart
JB, an analyst on the Cheeky Crypto YouTube channel, has spotted significant patterns in multiple time frames on the Polygon (MATIC) price chart. The analyst identified a 5-wave pattern on...
Polygon to Benefit From Immutable X’s Predicted 2024 Web3 Games Boom
Following investment firm VanEck’s bullish prediction for Immutable X, Polygon’s Sandeep Nailwal expressed his optimism that the layer-2 blockchain will benefit from the anticipated boom in 2024. Indeed, Nailwal stated...
OKX Steps into India’s Web3 Space, Polygon Co-Founder Appreciates
OKX has decided to step into India’s Web3 space, fostering the technology. The CEO Star X, commented on India’s potential to be a big contributor to the Web3 sector. The...
Polygon Labs Announced POL Token Upgrade Live on ETH Mainnet
On Wednesday, Polygon Labs announced in a post on X that the POL token upgrade is now live on Ethereum mainnet. The Labs stressed that Polygon 2.0 “is a roadmap...
MATIC Volume Soars 33% as Polygon Proposes 13-Person Protocol Council
MATIC, the soon-to-be-rebranded native token of the Polygon blockchain, has garnered increased trading activity from crypto market participants over the past 24 hours. According to data from CoinMarketCap, MATIC’s 24-hour...
Polygon Proposes Custom ApeCoin Layer-2 to Scale Ecosystem
Polygon Labs has proposed that ApeCoin DAO develop a custom zero-knowledge rollup sidechain to enhance the scalability and growth of the ecosystem. Dubbed ApeChain, the zk-Layer 2 would leverage Polygon’s...
Polygon Deploys POL Contracts on Goerli Testnet, Releases 2 New PIPs
Polygon Network, co-founder Sandeep Nailwal unveiled the deployment of the POL Contracts on the Goerli testnet. Marking a significant step in Polygon’s venture towards the Polygon 2.0 upgrade, the POL...
