Category Archives: Polygon news

Cryptocurrency Price Today 3 Jan: Check Solana, Dogecoin, Terra Classic, XRP Live Price Today

Cryptocurrency prices of significant coins like Polygon, Dogecoin, and XRP rises, whereas the price of Dai, and Toncoin go down. Cryptocurrency Price Today: The crypto market starts the year off on a positive note. Polygon shows a rise after a long time, Dogecoin joins and some coins are trading in the red. Polygon is up by 3.60% in[Read more…]

Arbitrum outperforms Optimism in this key area; can OP stay true to its name?

According to a tweet on 1 January, it was observed that Arbitrum managed to out-compete other L2s, such as Polygon and Optimism in terms of TVL. However, Optimism still managed to dominate the L2 space in other areas. Moreover, according to DeFi Llama, Optimism’s TVL declined from $540 million to $500 million in the last 30 days. This decline in TVL[Read more…]

Forint Finance starts collaboration with Polygon

Forint Finance is excited to start working with the Polygon team, a synergy that will lead to a seamless integration of all the advantages of Polygon’s Blockchain and the Crosschain Platform SWAPPY . Swappy is the Trading Platform developed by Forint Finance Ltd, an evolution of the Cross-chain swap and Dex concept. It is a digital platform born from[Read more…]

Optimism Edges Other L2s In Gas Efficiency, Despite Loss In TVL, Revenue

Optimism (OP) has opened the year on an optimistic note as it enjoys a bull run. On the flip side, it has suffered sluggishness in terms of total value locked (TVL). Here’s a quick snapshot of Optimism: Arbitrum is seen to have blazed past the other leading Layer 2 blockchains including Optimism and Polygon when it comes to TVL.[Read more…]

Polygon Rises 3% In Last 24 Hours As Whales Buy MATIC

Polygon has surged 3% in the last 24 hours as data shows Ethereum whales have been shopping up MATIC this New Year. 500 Biggest Ethereum Whales Have MATIC In Their Top 10 Purchased List 2022 was an abysmal year for Polygon investors as the cryptocurrency finished the year with losses amounting to more than 70%,[Read more…]

The Block Research’s Analysts: 2023 Predictions

Consensus predictions Larry Cermak General-purpose zk-rollups will finally launch in 2023 and actually become as usable as Ethereum. Arbitrum, Starknet, zkSync and Scroll all release native tokens in 2023, and there will be a recurring discussion about the value accrual of L2 tokens against ETH itself as rollups manage to suck up most of the[Read more…]

Why Cardano (ADA) Could Be A Rewarding Altcoin To Hold In 2023?

The Cardano (ADA) blockchain displayed huge developer activity with high Github repository activity in the year 2022 amid macro uncertainty. Cardano Price News: Amid an unfavorable macroeconomic environment, certain altcoins continued to make progress in terms of development in 2022. Cryptocurrencies like Cardano (ADA), Ethereum (ETH) and Polygon (MATIC) displayed high developer activity and institutional partnerships[Read more…]

Lido now has the highest DeFi TVL as LDO increases 17%

CryptoSlate data shows that Lido’s native token is up by over 17% in the last 24 hours to $1.16 as of press time. Ethereum (ETH) staking protocol Lido (LDO) is now the dominant DeFi protocol based on the total value of assets locked (TVL) in its ecosystem, according to DeFillama data. Lido’s TVL overtook that of[Read more…]

A recap of Polygon on-chain milestones related to its prediction markets

2022 was a great year for Polygon and MATIC as far as partnerships and developments are concerned. The only letdown was the bearish market conditions. But can 2023 turn out more favorable on multiple fronts? The good thing is that Polygon can continue building on the achievements that it made last year. One particular development that may[Read more…]