Polygon News
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...
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...
