Category Archives: Polygon news

Following a direction rally from June to August, the Polygon Coin price reverted from the $1-$1.02 barrier. Since then, the altcoin has been in a downward spiral forming new lower highs and lower lows. Connecting this swing, the daily technical chart showcased the formation of a flag pattern. A flag pattern is a bullish continuation pattern that[Read more…]

The craze that surrounded profile picture NFTs (PFPs) in 2021 dwindled significantly as per data from Dune Analytics. According to the blockchain analytics platform, monthly NFT trading volume on OpenSea had declined by 93% from the all-time high of $4.86 billion in January. The last nine months have been full of ups and downs for the crypto[Read more…]

For Web3 developers in Asia, this week was absolutely packed with must-see events. Polygon was there, showing love for the devs in South Korea and Singapore. Here is a rundown of our devrel outreach. Upbit Developers Conference 2022 Some of the best known blockchain developers in Korea and beyond gathered at this year’s Upbit Developer […] The post From UDC 2022 to Token 2049: A Week for the Devs in APAC appeared first on Polygon | Blog.

The Polygon [MATIC] zero-knowledge Ethereum Virtual Machine (zkEVM) is set to launch on its mainnet in 2023. The zkEVM project was contained in the third quarter report prepared by The Tie IO (data analysis firm). zkEVM is a scaling solution created by Polygon to increase dApps’ scalability. So what does zkEVM have to do with MATIC and its growth? Let’s[Read more…]

Polygon has announced its move to integrate the Push protocol, formerly known as Ethereum Push Notification Service (EPNS), to enable enhanced Web3 communication. What About Push Protocol  The EPNS was built initially to enable Push notifications on Ethereum. Since the platform launched at the beginning of this year, the protocol has powered 60k subscribers, 100[Read more…]

Polygon [MATIC] showed promising price movements and managed to maintain some hope for better days ahead. MATIC registered a 3% growth in the last 24 hours and was trading at $0.7709, during press time. Not only did MATIC witness a positive price movement, but the token’s popularity also witnessed a surge. MATIC was among the top[Read more…]

The crypto market is going through one of its worst periods in history, showing across all its sectors. Blockchain-based, play-to-earn (P2E) NFT games do not make an exception. Many such projects have dropped in value significantly in less than a year. Moreover, some have struggled to maintain their user bases and drowned in a sea[Read more…]

Spain’s largest telecommunications firm, Telefónica, announced that it now accepts Bitcoin and other cryptocurrencies for purchases on its technology marketplace. As cryptocurrency adoption continues to grow at a slow, but steady pace, organizations from across the globe have begun expanding payment options to include cryptocurrencies. The latest organisation to have embraced digital assets is Telefónica, the[Read more…]

Polygon (MATIC) seems to be heading for some intriguing times, particularly in light of the most recent events, such as the recently confirmed partnership between the Ethereum L2 token and the Robinhood trading platform. Notably, Polygon had earlier announced a collaboration with Robinhood, which had an effect on the price action of MATIC. The most recent announcement highlights the[Read more…]