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Polygon (MATIC) has just registered a significant new milestone, especially in relation to Bitcoin (BTC) and Ethereum (ETH). According to a simple performance stat shared on X by Polygon cofounder Mihailo Bjelic, the total number of active addresses on the layer-2 network is more than that of Bitcoin and Ethereum combined.
Polygon (MATIC) price is in the same dark ditch as most of the other altcoins in the market, still feeling the effects of the recent drawdown.
Polygon (MATIC), a once high-flying Ethereum scaling solution, struggles with a declining price despite launching new initiatives.
As the crypto market evolves, investors continuously seek opportunities that promise significant returns. Two tokens currently catching the eye of savvy investors are Mpeppe (MPEPE) and Polygon (MATIC). This article delves into why these two tokens complement each other perfectly and why holding them could be a wise investment strategy.
Polygon's native token, MATIC, is experiencing a harsh downturn, with its value hitting new lows and investors facing significant losses. As the cryptocurrency market undergoes another wave of corrections, MATIC's price has plummeted to $0.43 as of July 5.
Grayscale announced modifications to GDLC, DEFG, and GSCPxE Fund. Market developments, indices, and other variables are considered while rebalancing.
Crypto asset manager Grayscale Investments announced updated component weightings of crypto assets in its key funds based on the second quarter 2024 reviews. The key funds are Grayscale Digital Large Cap Fund (GDLC), Grayscale DeFi Fund (DEFG), and Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund).
Let's go through the charts and analyze the price situation for the respective coins TIA, MATIC, and RSR.
The price of MATIC, the token that powers the leading Layer 2 (L2) platform Polygon, has declined significantly since it climbed to its year-to-date high of $1.22 on March 14.
Polygon Ecosystem Token (POL) price has been trading between $0.52 and below the moving average lines since June 18. Cryptocurrency price analysis brought by Coinidol.com.
Polygon (MATIC) is currently navigating through rough waters, with its price facing significant downward pressure due to declining investor confidence. This development has sparked widespread concern among market participants, prompting a closer look at the factors driving this bearish trend and what the future may hold for this prominent altcoin.
Matter Labs draws backlash for comparisons made to its multichain architecture.
Polygon (MATIC), a significant player in the cryptocurrency market, may have finally found its market bottom after months of decline, sparking optimism among investors for a potential bull rally.
Toncoin price continues to inch towards its all-time high amid robust ecosystem growth and user demand. TON rose to $8.10 on Tuesday, a few points below the all-time high of $8.30.
Polygon's (MATIC) price is taking the bearish way forward as the altcoin seems to be losing the support of its investors.
Composability Labs introduces Spark, an innovative central limit order book (CLOB) utilizing Polygon (MATIC) Miden's state-minimization features to enhance DeFi efficiency.
Polygon's ecosystem recently witnessed a significant milestone with Polymarket, a prominent prediction market dApp, achieving over $100 million in trading volume. This achievement not only highlights the growing popularity of decentralized applications (dApps) but also raises intriguing questions about its implications for MATIC, Polygon's native cryptocurrency.
Polymarket, a prediction market dApp on Polygon, experiences surging activity, as trading volumes cross $100 million.
The price of Polygon's Ecosystem Token (POL) is holding above $0.55 after a price drop on June 18.
Polygon (MATIC), a prominent player in the altcoin market, is showing signs of potential recovery after experiencing a significant downturn to its lowest point since November 2023. As investors closely monitor these developments, indicators such as the Moving Average Convergence Divergence (MACD) and Market Value to Realized Value (MVRV) ratio suggest that MATIC may be poised for a bullish turnaround.
Polygon's interoperability solution gets closer to its final form with Nodekit support.
Polygon (MATIC) price is closing in on initiating a recovery after the altcoin fell to the lowest point since November 2023.
The cryptocurrency market is no stranger to volatility, and Polygon (MATIC) is currently feeling the pressure. Despite being a favorite among many investors, MATIC's price has recently faced a downturn, causing concern and speculation about its future.
The MVRV ratio was deeply negative, showing that short-term buyers were at a loss. Any price bounces will likely be sold for these traders to break even.
