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Polygon, a leading layer-2 (L2) scaling solution in the Ethereum ecosystem, recently announced two major partnerships.

Ronin unveils scaling plans leveraging Polygon's technology.

Gaming-focused Layer-1 blockchain Ronin is making its foray into the Layer 2 (L2) ecosystem with the introduction of a zero-knowledge Ethereum Virtual Machine (zkEVM). Polygon CDK to Upscale Ronin Ecosystem Ronin, one of the pioneers of Web3.0 gaming which also doubles as the blockchain behind Axie Infinity, has revealed its intention to launch zkEVM.

Fox Corporation is upgrading Verify Beta to a dedicated Layer 2 using Polygon (MATIC) CDK, with TIME as the first external partner for content attestation.

MATIC price is down over 15% and tested the $0.5150 support. Polygon is slowly recovering, but the bears might be active near $0.5650 and $0.5720.

Polygon Labs CEO Marc Boiron makes a case for the Polygon (MATIC) network over a Base.

Is $1 attainable for Polygon Layer-2's native MATIC coin in the face of severe market conditions?

Examining MATIC's daily and hourly charts reveals a complex market scenario. Recent trends show a struggle to break above key resistance levels, with bearish pressures evident as trading volumes decline.

Since the beginning of the year, active addresses on Polygon have surged by 200%.

Developed with Aragon, this platform marks the next chapter in Polygon's community ownership and participation. The Polygon Governance Hub empowers users and builders to influence Polygon's core development.

Polygon (MATIC) price has been forming lower lows, which took a pause over the last 48 hours.

Exploring the history of Polygon's name changes.

Polygon's position in the market may be up for grabs as indicators suggest that the downturn may continue.

The BlackRock CIO has recently reasserted her support for Ethereum as she states it has won over permissioned blockchains. Therefore, many Ethereum coins like Polygon (MATIC) may soar. However, this project's whales believe they have found the next $1 Ethereum coin – DTX Exchange (DTX).

Polygon's native token, MATIC, has experienced a notable disparity compared to the broader cryptocurrency market. Unlike the top cryptocurrencies that have posted double-digit gains year-to-date, MATIC has failed to post positive performance across all time frames since the 2021 bull run.

Pioneering Ethereum Layer 2 scaling protocol Polygon has taken a crucial step into increasing community ownership and governance with the introduction of the Polygon Governance Hub. Polygon to Enhance Community Governance Aragon Project, the popular developer of Decentralized Autonomous Organizations (DAOs) built the governance hub for the Polygon Community.

Polygon (MATIC) has reached an epic milestone in its journey toward community ownership with the kickoff of the Polygon Governance Hub, which will serve as a full-stack governance solution and user interface for the community.

Aragon Project's solutions are helping to implement governance ideas discussed last year by the Polygon community.

Polygon (MATIC) developers and community members consider an intermediate step to becoming a zkEVM validium.

A spin-off from which a new company detached from Polygon is born in search of important collaborations.

Privado ID, previously known as Polygon ID, has announced its spin-off from Polygon Labs on June 13, 2024. The move aims to meet the global demand for digital identity and reputation solutions that work with both onchain and online data. Privado ID's technology leverages decentralization and private interaction to reduce cost, complexity, and counterparty risk.

Polygon is funding this movement to help migrate Terra projects to its network. Terra collapsed, and many projects and developers could not continue their functions.

The merger will see the involvement of decentralized prover protocol Succinct Labs which will serve as a support for the use of the SP1 zkVM.

Polygon's (MATIC) price has rejected Ichimoku Cloud, indicating a bearish sentiment, with $0.616 acting as key support.