Category Archives: Polygon news

Table Of Contents Scroll Announces Mainnet Launch Blockchain protocol Scroll quietly launched its zkEVM-based Mainnet, achieving a significant milestone in scaling Ethereum’s capabilities. On October 17, Scroll officially announced the Mainnet launch, although the smart contract had been running since October 8 in stealth mode. This announcement led to a substantial influx of deposits, with[Read more…]

Market Analysis: MATIC Price and Uptober Prospects As the market-wide recovery boosts most of the altcoins, MATIC price ranks in the top tier in the gainers list. With an overnight bullish spark, the possibility of a prolonged uptrend increases for Polygon this Uptober. Moreover, with a bullish pattern in play, the potential breakout rally in[Read more…]

Quick Take Layer 2 blockchain Manta Pacific, part of the modular Manta Network, is transitioning from using a modified version of Optimism’s OP Stack by Caldera to become a zkEVM validium using Polygon’s Chain Development Kit. Manta Pacific, a Layer 2 blockchain for zero-knowledge-enabled apps within the modular Manta Network, is transitioning from using a[Read more…]

Current Price Decline and Market Overview Polygon’s MATIC token has experienced a significant decrease in price, falling by over 8.5% in the past week. This decline places MATIC among the top 20 cryptocurrencies globally. Despite efforts to regain positive momentum, the token remains stagnant around the crucial $0.50 level. Investors are growing increasingly frustrated with[Read more…]

Polygon Price Prediction 2023-2032 How much is MATIC worth? Today, the price of Polygon (MATIC) stands at $0.517, experiencing a 24-hour trading volume of $237 million. The cryptocurrency has a market capitalization of $5.2 billion and accounts for 0.41% of the market dominance. Over the past 24 hours, MATIC’s price has declined by 0.1%. Currently,[Read more…]

Apecoin and Polygon: Facing Challenges in the Crypto Market Apecoin ($APE) and Polygon ($MATIC) have attracted significant attention in the crypto industry, but recent declines in their values have led to hesitation among traders and investors. Despite this market sentiment, NuggetRush ($NUGX) and Render Token ($RNDR) continue to thrive. NuggetRush ($NUGX): Enhancing Gaming Experience with[Read more…]

Polygon’s Positive Price Trend Amidst Cryptocurrency Market Downturn In stark contrast to the broader cryptocurrency market, which is currently in a downturn, Polygon (MATIC) has witnessed a price surge. What’s even more remarkable is that this positive momentum has been maintained in the past week. As of October 3, MATIC was trading at $0.5748, reflecting[Read more…]

Coinbase’s Bold Strategic Shift In a recent development that has captured the attention of the cryptocurrency community, Coinbase, a global leader in cryptocurrency trading, has made a significant change to its operations on the Polygon network. As of October 12, 2023, the platform has discontinued support for withdrawals of pUSDC, the wrapped version of USDC[Read more…]

Retail Investors’ Guide to Top Cryptocurrencies in 2023 Retail investors are constantly on the lookout for cryptocurrencies that are not only easy to grasp but also promise tangible use cases and potential astronomical gains. In 2023, three promising options have surfaced: Polygon (MATIC), VC Spectra (SPCT), and Filecoin (FIL). But which of these crypto assets[Read more…]

Introduction Polygon Labs co-founder Sandeep Nailwal recently introduced an innovative initiative on the ApeCoin (APE) DAO forum. The proposal aims to foster a collaborative effort between the ApeCoin community and Polygon Labs to create a private Layer-2 (L2) chain based on zero-knowledge (zk) technology, referred to as ApeChain. Details of the Proposal The primary objective[Read more…]