Wednesday, May 31, 2023

Polygon News

Polygon Unveils EUROe, a Digital Euro for Enterprises of its Ecosystem

Polygon Labs announced the launch of EUROe. EUROe is a new digital euro on the GEN-X network. The digital euro will aid the enterprises in the...

MATIC Down 6+% After Whale Transfers 8M Tokens To Binance

8,000,000 MATIC worth about $8,482,976 was transferred from an unknown wallet to Binance. The transaction took place on the Ethereum blockchain just under two hours...

Crypto Analyst Believes Polygon Will Lead the Next Bull Run

Armstrong believes Polygon has made the most mainstream encroachment in the industry. Dolce and Gabbana, Disney, and Stripe have all signed partnerships with Polygon. zkEVM mainnet...

Sandeep Nailwal Addresses Some Issues With Polygonscan

Polygonscan network explorer faces network outage. Polygon co-founder Sandeep Nailwal addressed the issue on Twitter. Speculation and rumors regarding Polygon’s blockchain being down started circulating. Network explorer...

Polygon Records Over $11.4M in Daily Trading Volume on OpenSea

Polygon network recorded a daily trading volume of more than $11.4 million on the OpenSea NFT marketplace. Polygon’s anticipated zkEVM update is attracting investors to...

Polygon NFTs Outshine Ethereum Riding on Donald Trump’s Influence

Polygon outsold Ethereum in number of NFTs for the second month running on OpenSea. Trump’s NFT project timing coincides with Polygon’s spike in sales. Polygon’s recent...

MATIC Whale Triggers 20% Rally With $56 Million Transfer

Blockchain analytics firm Santiment highlighted a $56 million MATIC transfer from earlier this week.  The whale’s transfer triggered a massive rally pushing the token over...

MATIC’s Price Drops by 0.58% as the Downslope Pattern Holds

Recent price study shows a declining market for Polygon (MATIC). Technical indicators urge investors to be cautious in the near future. In the midst of the...

Mihailo Bjelic of Polygon Explains Reasons For Choosing ZK Technology

Mihailo Bjelic shares why his team has chosen a zero-knowledge (ZK) proof-based solution. The Polygon founder said he introduced ZK solutions more than a year...