Category Archives: Polygon news

Polygon (MATIC): Soaring with Dragon Fruit Upgrade Polygon (MATIC), a popular Layer 2 scaling solution for Ethereum, experienced a surge in demand after its Dragon Fruit upgrade. The Polygon price surged from $0.52 to $0.54 post-upgrade, significantly enhancing the network’s user experience and scalability. This upgrade solidified Polygon’s position as a reliable platform for decentralized[Read more…]

Overview of MATIC Price Action After a long-term correction in 2023, MATIC’s price action regains bullish momentum, coinciding with the overall market recovery. Positive sentiment surrounds Polygon due to the Google Cloud staking of 10,000 MATIC, fueling investor confidence. Bullish Turnaround and Uptober Rally The recent bullish turnaround in MATIC’s price triggers a breakout rally[Read more…]

Overview of Polygon zkEVM Growth Polygon zkEVM has recently surpassed $130 million in deposits, showcasing a substantial increase in adoption within the crypto community. While MATIC’s price experienced a sideways movement, zkEVM exhibited notable growth across various aspects. Increased Adoption and Usage Recently, Today In Polygon, a popular social media handle dedicated to Polygon updates,[Read more…]

Polygon Labs and Google Cloud Partnership Polygon Labs has made a groundbreaking move in the world of blockchain technology by partnering with Google Cloud. This partnership has not only brought innovation but also transparency to the Polygon Proof of Stake (PoS) network. Now, the performance of validators in the Polygon PoS network can be publicly[Read more…]

The Rise and Fall of MATIC: A Brief Overview Polygon’s native token, MATIC, once soared high in the cryptocurrency market. Functioning as an Ethereum scaling solution, MATIC facilitated rapid and economical transactions on the Ethereum network. This propelled its value to an all-time peak of $2.92 in May 2021. However, during the intense crypto bear[Read more…]

The Crypto Market Overview The crypto industry has recently regained momentum, with the market trading positively for the third consecutive day this week. Bitcoin and several altcoins are on the rise, showing continuous growth. However, Polygon’s price is facing challenges in stabilizing its value. Current MATIC Price Trends The bulls have struggled to maintain the[Read more…]

Polygon’s Latest Announcement: Google Cloud Joins Decentralized Validator Set Polygon, a prominent player in the cryptocurrency market, recently made a significant announcement involving Google Cloud’s integration into its decentralized validator set for the network. This move marked a pivotal moment for the Polygon community, shaping the future of the network’s ecosystem. Despite the positive news,[Read more…]

Polygon’s USDC Integration: A Game-Changer for the Ecosystem Polygon, a leading blockchain platform, is gearing up for a significant milestone as it integrates USD Coin (USDC) into its Proof of Stake (PoS) chain. This integration comes with a plethora of advantages, including support from Circle Account and its APIs. Key Details About the Integration According[Read more…]

Google Cloud Strengthens Polygon Network Security Google Cloud, the renowned cloud computing service provided by Google, has become a validator on the Polygon (MATIC) network, making a significant move to enhance the network’s security. This collaboration aims to bolster the security of the Polygon Proof-of-Stake (PoS) network, with Google Cloud employing its infrastructure, which powers[Read more…]

Table Of Content Polygon (MATIC) Fails To Break Above $0.550 In early September, the Polygon token dropped below the critical $0.5500 support. Since then, the MATIC price has failed to recover this level despite multiple trials. This happens despite several positive advancements for the project. While many investors projected increases in the price of MATIC[Read more…]