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2023 marked a significant shift in blockchain user preferences and adoption patterns. Polygon, a rising star in the blockchain world, showcased remarkable growth in user acquisition.
Blockchain analytics firm Flipside reported that Polygon, a Layer-2 scaling network for Ethereum, nearly matched Ethereum in terms of user acquisition in 2023.
Base struggles to gain traction, Polygon see explosive 15M+ user growth in 2023.
The two blockchains boasted more than 15 million “acquired” users each, while Bitcoin came in third with 10.65 million, according to blockchain analytics firm Flipside.
Decentralized data startup PowerLoom is launching a node mint on Polygon's proof-of-stake network.
Powerloom is opening up its node project to the masses, and will hold a node mint event on February 7th, and set up 10,000 independent nodes.
This initiative leverages a variety of payment methods. This includes credit/debit cards, bank transfers, Apple Pay, OpenBanking, and more.
Polygon Labs and Warner Music Group announced two recipients of their inaugural Web3 Music Accelerator program to further the evolution of the music industry.
Polygon Labs, a renowned developer of Ethereum-scaling solutions, has announced the launch of its innovative AggLayer protocol. This protocol is set to revolutionize the blockchain landscape by bridging the gap between various blockchains, making multiple blockchains feel like a single chain.
Flipside Analytics on-chain report has cited Polygon's fundamental growth signals that could impact MATIC price action positively in 2024
Polygon Labs, a developer of Ethereum-scaling solutions, is set to launch its groundbreaking AggLayer protocol next month. This innovative protocol aims to bridge the gap between various blockchains, providing users with an experience that “feels like a single chain.
Polygon Labs is set to launch AggLayer, a protocol designed to unite multiple blockchains into a seamless network, offering users an internet-like experience. The protocol aims to improve blockchain interoperability and user experience.
Next month, Polygon Labs will launch a protocol to make all blockchains feel like a single network for the end-user.
Polygon Labs unveils the timeline for its Polygon 2.0 interoperability layer launch.
Polygon plans to launch AggLayer protocol, a novel solution to address Web3 fragmentation and scalability issues.
The new "AggLayer," set for launch next month, relies on zero-knowledge proofs, a type of cryptography that Polygon Labs is betting on as a core underpinning of future blockchain architecture.
Polygon will release an aggregation layer that will connect Layer 2 blockchains with the help of ZK proofs.
The play-and-own mobile gaming platform GAMEE suffered an exploit of its GMEE token contracts on Polygon that led to the theft of 600 million GMEE tokens and left the crypto community pondering questions. Related Reading: Solana-Based Aurory Suffers Devastating Exploit: 80% Of Liquidity Gone GAMEE Confirms $15M Exploit On Polygon On January 22, GAMEE Token's official X (formerly Twitter) account advised its users to refrain from engaging with the digital asset while their team investigated the GMEE token-related security comprise it had just suffered.
The price of Polygon (MATIC) falls below the moving average lines, but is approaching the current support level of $0.73. Price analysis by Coinidol.com.
The GMEE token has lost nearly half of its value following a $15 million exploit on its Polygon contracts.
The recent Bitcoin (BTC) pullback below $40,000 has dragged almost the entire altcoin industry in the past 24 hours leading to Tuesday. The sudden drop in the crypto price has resulted in the liquidation of more than $247 million from leveraged traders.
A series of unauthorized transactions on the Polygon network have been identified, leading to a loss of approximately $7 million. The affected token, $GMEE, suffered a significant compromise, with initial investigations pointing to a lapse in access control.
The price of Polygon Matic is dropping continuously at an unprecedented rate as of January third week, 2024. It is currently trading at $0.757 and has dropped by nearly 2% in the last 24 hours, as of January 23, 2024.
This unexpected uptick reflects a growing trend of interest and engagement with digital collectibles. Enthusiasts and investors alike flock to the Polygon network for the latest in the world of non-fungible tokens (NFTs).
