Polygon, one of the first layer-2 networks in the crypto industry, has lost market share as competition in the sector has risen. POL, its token, has also plunged by 43% from its December high, while its ranking in the crypto sector has deteriorated.
Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.
Polygon (POL), a prominent Layer-2 scaling solution for Ethereum, has emerged as a key player in the evolving cryptocurrency landscape. Designed to address Ethereum's scalability issues, Polygon offers a faster and more cost-efficient alternative for users and developers alike.
Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.
Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.
This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.
Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.
Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.
JiCoin's are currently not redeemable or transferable.
Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.
JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.
Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.
A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.
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 $0.41 has become a critical zone, with both bulls and bears battling for dominance.
Jio Platforms, a subsidiary of Reliance Industries and one of India's leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols.
Jio Platforms collaborates with Polygon Labs to bring blockchain solutions, empowering millions of users with advanced Web3 capabilities.
Polygon Labs has partnered with India's largest telecom operator, Reliance Jio, to integrate blockchain into the company's existing infrastructure.
India's telecommunications and digital services company, Jio Platforms, is introducing Web3 capabilities to its user base of over 450 million. The initiative involves a collaboration with Polygon Labs, the developers of the Polygon blockchain protocols, aiming to support the development of decentralized applications and services in the country.
Reliance's Jio Platforms has joined hands with Polygon Labs to bring web 3 and blockchain solutions to more than 450 million consumers in India. The collaboration aims to integrate its advanced blockchain technology into Jio's services, marking a major step towards Web3 adoption in the country.
Polygon price battles resistance as bullish signals align for a potential rally.
The biggest telecom company of India, Reliance Jio has entered into a partnership with Blockchain leader Polygon Labs. This team up will bring web3 services to over 450 million Jio users. What exactly is cooking between Reliance Jio and Polygon, let's try to uncover.
Reliance Industries' digital arm, Jio Platforms, has announced a strategic partnership with blockchain company Polygon Labs to introduce Web3 capabilities to its existing applications and services.
Polygon ($POL) has been consolidating between $0.47 and $0.41, leaving traders speculating about its next move.
Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.
Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.
Jio Platforms Ltd. collaborates with Polygon (MATIC) Labs to enhance Web3 capabilities, impacting over 450 million users in India with cutting-edge blockchain solutions.
Polygon POS may be a legacy chain, but is one of the most active L2 for stablecoin usage.
The cryptocurrency sector rose by 2.29% to $3.36 trillion as markets recovered, driven by a resurgent Bitcoin (BTC) crossed the $97,000 mark, up over 2% in the past 24 hours. BTC briefly dropped below $90,000 earlier in the week, spooking markets and leading to a considerable decline among cryptocurrencies.
The themes of the projects include three tracks: AI, DePIN, and Memecoins.
Polygon (MATIC) Labs and Courtyard.io are hosting an onchain auction for a PSA 10-graded Charizard Pokémon card, marking a significant advancement in the tokenization of physical collectibles.
Chainlink (LINK) joined Aptos (APT) and Filecoin (FIL) as a top performer, gaining 6.7% from Monday.
The once-in-a-lifetime festival symbolizes spiritual cleansing and unity for millions of people worldwide.
Polygon Ecosystem Token (POL) price has consolidated above the $0.45 support line but below the moving averages. The presence of doji candlesticks has reduced the selling pressure above the $0.45 support level.
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.
Partnering with blockchain firm Chaincode Consulting, the initiative integrates with the Polygon blockchain. This ensures scalability, environmental sustainability, and a seamless experience for millions of travelers.
Indian Railways has partnered with Chaincode Consulting to issue NFT-based tickets for the MahaKumbh Mela festival, integrating with the Polygon blockchain for scalability.
Strong network activity and technical signals position POL for a potential bullish breakout.
The crypto market cap stood at $3.2 trillion on January 10, 2025, as the US trading session saw Bitcoin continue to struggle with downside pressure. As BTC dominance hovered around 56.8% and Ethereum's at 12%, the global 24-hour trading volume fell 1.2% to about $156.9 billion.
Aptos Network has announced it has integrated its network with Chainlink data feeds to boost innovation and development of decentralized applications (dApps) on its network. The integration allows Aptos to leverage Chainlink's data feeds for on-chain activities.
TL;DR Aptos has integrated Chainlink data feeds, allowing developers to access verifiable and tamper-resistant data. Chainlink, a decentralized oracle network, enables smart contracts on APT to use external data accurately. With the integration of Chainlink, APT strengthens its infrastructure, ensuring fast and secure transactions. Aptos has integrated Chainlink data feeds into its network.
Despite recent price declines, Aptos token shows increasing network activity with 1.2 million daily active addresses and $15.05 million in exchange outflows, while trading near a historical demand zone that has previously triggered upward price movements.
Now developers will be able to easily and securely acquire data from outside the blockchain.
Aptos (APT), a rising player in the cryptocurrency market, is capturing attention as it enters a key price zone that could drives significant price movement. Despite recent struggles, the token shows potential for recovery, backed by encouraging on-chain data and optimistic trading trends.
APT's price could see further gains as traders capitalize on shifting market sentiment.
Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds.
Aptos has added Chainlink Data Feeds to give developers access to reliable off-chain data in order to enhance the development of dApps on its blockchain. Chainlink is a decentralized oracle network that provides trusted and secure data to blockchains, and it is a popular solution in the Web3.
Aptos has integrated Chainlink Data Feeds, enabling developers on its blockchain to access trusted off-chain data for building decentralized applications.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.