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Shared sequencer solution Espresso will partner with Ethereum layer-2 scaling solution Polygon Labs to develop AggLayer (aggregation layer) in order to solve rollup interoperability.
LINK's exchange reserve chart signals accumulation while MATIC investors seem to be selling.
MATIC whales fail to move the needle as the altcoin's value continues to decline.
Introduction: Polygon (MATIC) finds itself entangled in a web of consolidation, prompting investors to dissect the factors influencing its stagnant price movement. In this in-depth analysis, we unravel the mysteries surrounding MATIC's prolonged consolidation phase and speculate on its future trajectory.
Polygon (MATIC) finds itself at a critical juncture, characterized by notable accumulation and price fluctuations. Recent data from Into The Block reveals that approximately 31,000 addresses have acquired a total of 216.94 million MATIC tokens at an average price of $0.73.
Miden goes live on testnet; what does it bring to the Polygon ecosystem?
Following the release of the Miden Alpha Testnet, Polygon said users can locally generate proofs for their state transitions.
Polygon, an Ethereum layer-2 scaling solution, has recently launched its Miden Alpha Testnet, a zero-knowledge rollup solution designed for private, high-throughput applications.
TL;DR Polygon announces the launch of Miden, its latest ZK-rollup solution, in an effort to improve Ethereum scalability. Miden utilizes zero-knowledge technology to verify data without revealing its content, enhancing network privacy and efficiency. Despite the updates, Polygon's native token, MATIC, experienced a 4.75% decrease.
Polygon's MATIC token stands at a critical juncture, poised to navigate through the choppy waters of market uncertainty. As traders and investors brace for potential price movements, a myriad of factors come into play, from address behavior and correlation dynamics to on-chain metrics and market sentiment.
Polygon (MATIC), the leading Ethereum scaling solution, unveiled on Monday the introduction of its zero-knowledge (zk) based “Miden”, a scaler designed to enhance the capabilities of the Ethereum chain. A zero-knowledge rollup is a Layer 2 scaling solution that moves computation and network state off-chain.
Our column on the analysis of news and prices in the crypto world is back, today featuring Polygon (MATIC), Pepe (PEPE), and Jupiter (JUP).
Polygon (MATIC) has been moving sideways for days and is awaiting a trigger to help the altcoin escape its consolidation.
Despite a bullish wave in the crypto industry, the Polygon (MATIC) token continues its struggle to break out of its important resistance level at $0.7425, indicating a strong liquidation point for the MATIC price at that level. On the other hand, the Polygon price has recorded a correction of 6.
The Ethereum layer-2 scaling solutions provider is going up against StartWare's tech stack Starknet.
If Polygon's 31k addresses fail to pull the sell trigger, then MATIC could journey towards $0.83 as well.
Ethereum-based layer-2 scaling solution Polygon has released the Miden Alpha Testnet as it doubles down on its evolutionary journey. Polygon described the Miden Alpha Testnet as a zk self-sovereign platform with special considerations for pioneering developers.
QuickSwap, a decentralized exchange (DEX), has officially launched on the X Layer Mainnet. It marks a pivotal moment for decentralized finance (DeFi) within the Polygon CDK network.
Polygon zkEVM completed more than 11 million transactions, but there's more to the number than what meets the eye.
Polygon (MATIC) price awaits strong bullish cues that could propel the altcoin out of the consolidation it is currently stuck in.
Solana surpassed both Polygon and Tron in terms of transaction volume, but
Polygon's daily active addresses reached an all-time high while MATIC's price gained bullish momentum
Optimism led in the latest development ranking, but Arbitrum maintained the highest TVL above, with Polygon coming second.
The price of Polygon (MATIC) has held its current support level of $0.63 while consolidating above it.
