Category Archives: Polygon news

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…]

Three crypto stories you might have missed this week

Even in the no man’s land between Christmas and New Year, there’s news to be had in crypto.  Here are three stories you might have missed while tucking into festive leftovers or trying to keep track of the many threads of the FTX saga.  Nexo and Vauld’s season finale Nexo and Vauld looked set to end their courtship this[Read more…]

Polygon (MATIC) Depicts Further Downtrend, This Could Be The Next Support Level

The Polygon (MATIC) price has been on a downward spiral for the last couple of weeks. Over the last 24 hours, MATIC lost 4% of its value. The altcoin has also lost about 6% in the last week. Earlier in November, MATIC touched the $1.20 price mark and plunged significantly. Since the coin plummeted in[Read more…]

Cryptocurrency Price Today: Terra Classic, Dogecoin, Polygon Slips; XRP, Solana Up

Cryptocurrency prices of significant coins like Terra Classic, Dogecoin, and Polygon drops, whereas the price of XRP, and Solana go up. Cryptocurrency Price Today: The market is not showing any major development despite being the last day of the year. Terra Classic sees a drastic dip, Dogecoin, Polygon joins, and some coins are trading in red. Terra[Read more…]

Polygon Set For A Price Rally And Aptos Running A Marathon; But Can They Make An Impact Like Orbeon Protocol?

The crypto market is always active. With more people investing in cryptocurrencies, market volatility has also increased. The competition between the crypto coins and trading platforms is intense. But what does it mean for new tokens in the market? Let’s find out how Orbeon Protocol (ORBN) is racing ahead with 805% presale gains, while Polygon (MATIC) and Aptos[Read more…]

Polygon’s [MATIC] short-term prediction for noise traders, and market timers

Since 28 December, Polygon [MATIC] has experienced several price rejections at $0.7652. In addition, Bitcoin’s [BTC] recent sideways market structure has also prevented the altcoin market from moving higher. MATIC has since fallen and broken through several support levels, as BTC’s trading range has undermined trading volume. At press time, MATIC was trading at $0.7675 and was on the[Read more…]

Crypto whales are paying close attention to HedgeUp (HDUP), Gmx (GMX) and Polygon (MATIC)

Whales move the market, and wherever they put their money means, there is an opportunity. With cryptocurrencies under immense pressure after a yearlong selloff, most whales are turning their attention to projects well poised in 2023. GMX (GMX), HedgeUp (HDUP), and Polygon (MATIC) are some of the projects that appear firm amid the turmoil in[Read more…]