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news-imageAugust 26, 2024

3 Top Reasons To Buy And Hold Polygon, Arbitrum, Optimism Right Now

Last week's crypto market recovery defied history that August was predominantly bearish. Bitcoin price gained strength to tap $65,000 from a major crash below $50,000 as investors embraced the Fed's signal for interest rate cuts.
Publisher: Coingape
Sentiment: Positive
ARB
POL

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Polygon Price Breakout: Bulls Eye $0.63 Resistance Level

Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.

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Polygon Network Growth Signals Potential Bullish Breakout

Polygon (POL), one of the leading blockchain networks, has shown remarkable growth in user engagement and network activity. Despite recent market fluctuations, Polygon's impressive surge in active addresses and technical indicators is setting the stage for a potential price increase in the near future.

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Arbitrum DAO Proposes Major Upgrade: Bold Protocol Set to Revolutionize Security on Arbitrum Chains

The Arbitrum DAO has opened an important vote on a proposal that could significantly enhance the security and decentralization of the Arbitrum ecosystem. The proposal seeks to transition both Arbitrum One and Arbitrum Nova to the Bounded Liquidity Delay (Bold) protocol, a major upgrade that promises to improve network security and ensure greater transparency.

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