Polygon: Can the upcoming SAGA airdrop benefit MATIC
Polygon's MATIC grapples with price woes but finds hope in the SAGA airdrop, while the broader network displays resilience.
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Polygon's MATIC grapples with price woes but finds hope in the SAGA airdrop, while the broader network displays resilience.
Suspicious address activity on the Polygon (MATIC) network sparks speculation of metric manipulation.
Ethereum-based layer-2 scaling solution, Polygon (MATIC) is currently in the limelight following the impressive network milestone reached today. According to an update shared by Today In Polygon as echoed by its co-founder Sandeep Nailwal, the network's Daily Active Addresses soared back to their October high averaging 500,000 users per day.
Polygon Labs whips up MATIC excitement as it teases greater institutional adoption.
Polygon Labs disputes Sei's claim of becoming the first parallelized EVM chain.
Key metrics of Polygon zkEVM surged by triple digits in December 2023.
The price of Polygon (MATIC) recovers from its previous downturn.
The Polygon (MATIC) price finally reached a close above a long-term descending resistance trend line that had been in place since the all-time high.
Polygon is witnessing a notable bullish trend as its native token, MATIC, shows promising growth at the onset of 2024. Following an impressive end to the previous year, MATIC's performance continues to capture the attention of investors and analysts alike, hinting at a potential for further price increases.
The crypto market began 2024 on a solid note with the Bitcoin price rallying over 7% on the very first day. Altcoins too have joined the party with the likes of Chainlink (LINK) and Polygon (MATIC) giving a strong breakout on the charts.
Analysts tip MATIC to show significant strength after a lackluster showing in 2023.
Polygon NFT sales spike in December 2023, signaling increased traction.
Polygon has been one of the strongest cryptos in the markets, thriving on well-built fundamentals. The MATIC price underwent a monstrous rally during the 2021 bull run and marked new highs above $3. Unfortunately, the bear market dragged the price to its lows at $0.317.
Over the last seven days, DEX volumes have averaged 1.84 million.
Trader and analyst Ali Martinez says the technicals for two altcoins are looking bullish as the total crypto market cap reaches a 19-month high.
The crypto markets are trembling at the moment as the star crypto, Bitcoin, continues to chop around $42,500. Meanwhile, the cryptos that had recorded huge gains in the recent past are struggling hard to sustain their gains.
Polygon's MATIC token has broken out to reach highs above $1 driven by surging network usage and growth, with analysts forecasting further parabolic upside reminiscent of its epic 9,400% gains seen in 2021.
The global cryptocurrency market value has retraced to over $1.72 trillion, suggesting that the cryptocurrency industry has lost some of its momentum in the last day. Furthermore, MATIC has not seen any tiny losses, in contrast to the majority of prominent digital assets, such as Bitcoin.
In the ever-fluctuating realm of cryptocurrencies, Polygon (MATIC) emerges as a standout performer, capturing the attention of investors and enthusiasts alike. Breaking through the crucial $1 threshold, MATIC is signaling a promising upward momentum, defying broader market trends and hinting at a potential bullish run.
In a significant move stirring the crypto world, the Securities and Exchange Commission (SEC) is deep in conversation about Bitcoin Exchange-Traded Funds (ETFs). This development is a big deal for the cryptocurrency community, signalling potential changes in how digital assets are traded and perceived.
A closely followed crypto trader says that one layer-2 scaling solution still has more upside potential after a big rally. Pseudonymous trader The Flow Horse tells his 194,500 followers on the social media platform X that Polygon (MATIC) competitor Optimism (OP) is likely heading higher after a retest at the $3.45 level.
Layer 2 digital coins Polygon (MATIC) and Optimism (OP) dominate the trends as their base platform, Ethereum (ETH), witnesses heightened consideration from market participants as they await it to outshine the bellwether Bitcoin, OP and MATIC in the limelight as attention switches to Ether Polygon and Optimism are among the layer 2 blockchains benefiting as
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Despite a rising TVL, Polygon zkEVM's network activity has dwindled in recent weeks.