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Polygon (MATIC) inches close to 2024 low after 7% drop.

On-chain metric looks good for Binance and Polygon, but their prices have been trending in opposite directions.

One of the most listened podcasts in the Web3 space, QuickSwap's "All Roads Lead to Polygon" (ARLTP) recently reached new heights and garnered praise from the Web3 community across the globe. On its insightful April 12th episode, discussions delved into Polygon's innovative Community Treasury Governance Model and its forthcoming high-volume grants for community builders.

Polygon (MATIC), the high-speed scaling solution for Ethereum, has been on a rollercoaster ride this month. After a brutal price correction that saw MATIC tumble over 20%, a recent 24-hour surge has injected a dose of optimism into the market.

Polygon's partnership with Robinhood Wallet for cross-chain swaps, leading position in NFT transactions, and adoption by EY for contract management underscore the platform's growing influence in the blockchain industry, despite challenges faced by its native token, MATIC.

Polygon (MATIC) has recently joined forces with Robinhood Wallet, introducing a new feature that allows users to swap tokens across different blockchain networks seamlessly.

Despite its price hike, selling pressure on Polygon remains high, indicating a possible end to its bull rally.

Polygon (MATIC) has marked a significant advancement in its Q2 2024 strategy through a new collaboration with Robinhood Wallet. Robinhood Wallet now supports cross-chain swaps using Polygon‘s proof-of-stake network (PoS).

Despite the pale performance of the MATIC price, early Q2, 2024, was very fruitful for Polygon (MATIC) in terms of on-chain records and integrations.

Franklin Templeton has chosen to tokenize a US government money fund worth $380 million on Polygon.

Polygon (MATIC) price will likely struggle to find a direction given the mixed cues it receives from the market and investors.

TL;DR Franklin Templeton tokenizes his $380 million fund on the Polygon and Stellar blockchains for peer-to-peer transfers. Franklin OnChain FOBXX investors can transfer the BENJI token directly to each other without intermediaries. Franklin Templeton competes with BlackRock's BUIDL fund in the tokenized asset niche, maintaining a 32% market share.

Polygon's (MATIC) decline has persisted above the $0.63 support while remaining below the moving average lines. Price analysis by Coinidol.com.

Franklin Templeton maintains a leading position in the tokenized US Treasuries sector with its 32% market share.

The altcoin industry has established a solid bottom for the recent correction triggered after Bitcoin's (BTC) price reached a local top of around $74,000. Since the Bitcoin halving event last weekend, the altcoin market has been gaining against the flagship coin, as observed in the dominance.

In a significant move, Franklin Templeton has announced the tokenization of its US Government Fund on the Polygon and Stellar blockchains.

Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains.

Payments giant Stripe has announced its return to the cryptocurrency space.

Several leading Layer 2 chains commit to integrating the DA solution ahead of its mainnet launch.

Franklin Templeton has tokenized a $380 million treasuries fund on the Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries. The company has launched the Franklin OnChain United States Government Money Fund (FOBXX), offering shares as BENJI tokens.

Stripe will support USDC stablecoin payments on Solana, Ethereum, and Polygon, marking a strategic return to the crypto payment arena. The post Fintech leader Stripe integrates USDC payments across Solana, Ethereum, and Polygon blockchains appeared first on Crypto Briefing.

Top investment management firm Franklin Templeton has announced the availability of shares of the Franklin OnChain United States Government Money Fund (FOBXX) on the blockchain. Franklin Templeton Ties Shares To BENJI Token As it announced, peer-to-peer transfers for tokenized shares in the FOBXX fund on the public blockchain have been enabled.

Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and efficiency. Comparing the usage and efficiency of EVM-compatible L1 and L2 blockchains and side chains helps us better understand the market values and where most of the DeFi activity comes from.

Following Avail's upcoming mainnet launch, the integrations aim to help developers build more scalable, cost-efficient and composable chains.