Polygon News
MATIC Poised for a Rebound as Oversold Conditions Hint at Recovery
The Polygon (MATIC) market has been in a downtrend for the last 24 hours, with optimistic efforts at a recovery being thwarted at the day’s intraday high of $0.5216. Consequently,...
MATIC’s Unexpected Surge: What Could Have Triggered This Event?
MATIC experienced a surge and continued to drift around in the green zone over the week. The trading volume also started to experience a slight 2.04% spike in the market,...
Polygon Labs Details MATIC to POL Transition in New Proposals
On Thursday, September 14, 2023, Polygon Labs officially announced the release of three Polygon Improvement Proposals (PIPs) as part of the proposed Polygon 2.0 upgrade. Prominently featured among them is...
Polygon Announces Network Rehashing and Bridge Resync: Report
The blockchain platform Polygon has been creating ripples in the crypto universe with its cutting-edge moves, over the past few weeks. Adding to the list, Polygon has shed light on...
Polygon 2.0 Implementation Begins: MATIC to be Upgraded to POL
Polygon Labs, the development team for the Polygon networks, has officially announced the commencement of the Polygon 2.0 implementation. In a recent tweet, the team proclaimed that Polygon 2.0 is...
Binance NFT Marketplace Ends Support For Polygon Network
The NFT marketplace of the world’s largest crypto exchange in the world has announced that it will discontinue The Sandbox NFT Staking Program later this month. Furthermore, the Binance NFT...
Polygon Rebuts Allegations of Involvement in MATIC Crash
Sandeep Nailwal, the co-founder of the Polygon Foundation, has denied allegations that wallets linked to the foundation were involved in a recent dump of MATIC on Binance. Nailwal’s denial came...
Casio Partners with Polygon Launching Virtual G-SHOCK Project
Japanese electronics multinational Casio recently announced the launch of its virtual G-SHOCK project, as part of its 40th anniversary celebration, in collaboration with Polygon Labs. In a press release, Casio...
Polygon CDK Solves Interoperability, Liquidity Issues Across Chains
Polygon just announced its Polygon CDK (Chain Development Kit) with an elaborate Twitter thread on how it fixes “walled garden” issue in existing appchain ecosystems. On August 29, Polygon tweeted...
Polygon Founder Unveils Massive Technical Upgrade to MATIC With POL
On August 28, Polygon founder Sandeep Nailwal announced a huge upgrade, introducing a new token called POL. Nailwal establishes in his tweet that “POL is a massive technical upgrade to...
Crypto Influencer Shares Polygon (MATIC) Crash Course
Ben Armstrong, aka BitBoy Crypto, recently published a 101-style informative video that provided a crash course on the Ethereum scaling solution Polygon. In the video posted on YouTube, the crypto...
Technical Indicators Signal Potential Reversal as MATIC Price Rebounds
MATIC faces resistance at $0.5807 but hints at a bullish reversal. Polygon’s trading volume spikes by 16.5% amid price pullback. The upward RSI trend suggests a potential shift to bullish...
Polygon (MATIC) Sees Massive Increase In Bullish Developments
There have been multiple bullish developments for Polygon (MATIC) over the past few days, according to an article on Nansen Research’s official blog. Although the reasons for these positive developments...
Polygon zkEVM Hits 100K Transactions in a Day for the First Time
Polygon zkEVM is making waves as a leading zero-knowledge scaling solution. The Polygon zkEVM ecosystem is continuously expanding, as evidenced by a recent milestone: the platform clocked 100,000 transactions in...
Polygon Bags Its Second Partnership With the Indian Government
Sandeep Nailwal, the founder of Polygon, recently tweeted about the importance of real-world Web3 use cases in driving the mainstream adoption of cryptocurrencies. In his tweet, he highlighted a significant...
Polygon Labs Releases The Proposed Architecture For Polygon 2.0
Yesterday, the engineering team from Polygon Labs released a proposed architecture for Polygon 2.0. Polygon 2.0 comprises four distinct layers: Staking, Interop, Execution, and Proving. Since the architecture for Polygon...
Polygon Labs Proposes the Upgrade of PoS to zkEVM Validium
Polygon Labs, the creative services and software solutions company, recently proposed the upgrade of Polygon’s Proof-of-Stake (PoS) sidechain to zkEVM Validium, “a first-of-its-kind decentralized L2 secured by zero-knowledge (ZK) proofs.”...
MATIC Falls More Than 29% After Cumberland’s Whale Transactions
Lookonchain, has identified a whale action behind the massive drop in the price of MATIC. Cumberland transferred 14 million MATIC, equivalent to $9.8 million to two crypto exchanges. MATIC’s price...
Polygon’s Co-Founders Inspire Kenzi Wang With Remarkable Journey
Kenzi Wang hosted a podcast with Polygon’s co-founders, reflecting on their journey from “humble beginnings to champions”. The episode discussed the Polygon founder’s early days of MATIC, and how the...
Polygon Emerges as the Most Popular Blockchain in 2023 So Far
Polygon emerges as the most popular blockchain in 2023 so far. Data from NFT Tech reveals that Polygon’s popularity almost doubled from that of 2022. Polygon also dethroned Ethereum, which...
ZkSync Outperforms Polygon in Terms of Total Value Locked
ZkSync has been outperforming Polygon in terms of TVL over the past few weeks. Since the launch of zkSync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing rapidly....
zkSync Era and StarkNet L2 Solution Threaten Polygon’s Dominance
Rumored upcoming AirDrop boosts zkSync Era and StarkNet on-chain activities. Increasing network activities of both solutions are eating into the dominance of Polygon. Polygon founder has not ruled out the...
Polygon Seeks Clarification on Limited Scope From EU in Data Act
The firm behind Ethereum’s most popular layer 2 scaling solution Polygon recently penned an open letter to the Representatives of the European Parliament, the Council of the European Union, and...
Polygon Co-founder Nailwal Equates Polygon’s zkEVM with Ethereum
Sandeep Nailwal, the co-founder of Polygon, the Ethereum scaling platform that recently launched the zero-knowledge Ethereum Virtual Machine (zkEVM), tweeted today morning equating Polygon’s zkEVM with Ethereum, citing “Polygon zkEVM=...
Polygon’s Co-Founder Shares his Concerns on zkEVM Fallacies
Sandeep Nailwal, the co-founder and Chief Operating Officer of the blockchain platform Polygon, commented via his Twitter page about the fallacies and confusions arising on Polygon’s EVM-Equivalent. He responded to...
