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TL;DR Polygon Labs has introduced a Type 1 prover, a significant development that allows existing Ethereum Virtual Machine (EVM) chains and optimistic rollups to integrate with the prover. The Type 1 prover enables any network compatible with Ethereum's EVM standard to evolve into a layer-2 network, powered by zero-knowledge proofs.
Explore the trends and sentiment within Polygon's market, uncovering the factors influencing Polygon (MATIC) price prediction.
A newly developed zkEVM prover is set to allow EVM chains to become zero-knowledge proof-powered layers-2s in the Ethereum ecosystem.
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon's newly released Aggregation layer, providing access to "all of the liquidity and value on Ethereum itself,” Polygon said.
Polygon Labs, the infrastructure team behind the Polygon ecosystem, has revealed its latest innovation — a Polygon zero-knowledge Ethereum Virtual Machine (zkEVM) Type 1 prover.
A blockchain tracker Whale Alert revealed that Polygon whales, major holders on the network, have accumulated a substantial 32 million MATIC tokens. This happened right after Polygon got listed on the Gemini exchange, sparking speculation within the crypto community about the likelihood of a price surge for MATIC, to hit the $1 mark.
Gemini announced intentions to list a perpetual contract for MATIC. Concurrently, MATIC whales have been actively accumulating, amassing a total of 31.99 million MATIC tokens.
In a significant gust of developments, Gemini, a renowned cryptocurrency exchange, recently announced plans to list the MATIC/GUSD perpetual contract on its non-U.S. crypto derivatives platform, nabbing significant attention globally. With this, the exchange advances further with its venture cryptographic venture, facilitating seamless crypto derivatives trading to users globally, except in the U.S., U.K., and
Friendzone is poised to challenge traditional social media models with its blockchain-powered SocialFi application on the Polygon network.
TL;DR Friendzone joins Polygon PoS, driving the evolution of social applications on Web3. The partnership with Polygon promises scalability and equitable monetization for users. The integration with Polygon marks the beginning of a new era in the online social economy.
Friendzone aims to foster influencer communities using real-time adaptive pricing and reward distribution, allowing developers to create new apps for their audience.
Friendzone, a promising social marketplace developed by a team composed of members from Band Protocol, Synthetix, and Koinly, is getting ready to start operations on the Polygon PoS blockchain on February 26th. This move marks a significant step forward for the platform, which aims to revolutionize the social applications space.
Friendzone, a social Web3 marketplace, has announced its upcoming launch on the Polygon blockchain. A press release shared with Invezz states that the decentralized social marketplace will bring its social app to the Polygon PoS ecosystem later this month.
Friendzone, a decentralized social marketplace, has announced its entry into the Polygon PoS ecosystem, marking a significant milestone in the evolution of Web3 social applications. Spearheaded by veterans from Band Protocol, Synthetix, and Koinly, Friendzone aims to revolutionize the social media landscape through decentralized technologies.
Friendzone was built by early team members from Band Protocol, Synthetix and Koinly and targets the social application space.
The Polygon (MATIC) price trades above a long-term horizontal support area. The area has acted as both support and resistance for nearly three years.
The price of Polygon (MATIC) is in a sideways trend, trapped between two moving average lines.
Polygon, the Ethereum-based layer-2 scaling protocol, is making an impressive move to expand its developer ecosystem to bring the needed competition to the dominant leader in this niche - Cardano.
Polygon ranked first on the list of blockchains by total new NFTs in January, but the trend did not last.
The Polygon (MATIC) attempts to break out from a long-term descending resistance trend line that has been in place for more than 770 days.
Polygon (MATIC), one of the leading layer-2 scaling solutions for Ethereum, has emerged as a resilient force, with its on-chain metrics hinting at a potential mega rally ahead. Despite price fluctuations in the fourth quarter of 2023, Polygon managed to attract 15.2 million new users in January, setting the stage for what could be a promising journey in 2024.
TL;DR Polygon's Stablecoin Surge: Polygon's stablecoin market cap has seen a significant surge, reaching around $1.4 billion. TVL and Trading Volume Remain Unchanged: Despite the rise in the stablecoin market cap, other key metrics like Total Value Locked (TVL) and trading volume have not shown a notable impact.
The Polygon ecosystem has been seeing more inflows in recent weeks.
Polygon (MATIC) is a platform that enhances Ethereum's capabilities by providing scalable and interconnected solutions. Over the past year, the value of Polygon's native token, MATIC, has experienced fluctuations, despite its position as one of the cryptocurrencies with the largest Market Cap.
