Author Archives: ambcrypto.com

Polygon [MATIC] displaced Solana [SOL] off the 10th position on the market capitalization standings according to information from CoinMarketCap. The ousting happened despite SOL recording more than two times MATIC’s gains in the last seven days. While MATIC’s value rose 20.47%, SOL increased by 45.49%. At the time of writing, Polygon’s market cap was over $9 billion, beating Solana’s[Read more…]

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Polygon, the Ethereum scaling solution behind MATIC, has made some exciting developments in the first two weeks of 2023. After tying up with popular names like Disney and Reddit, Polygon announced a partnership with[Read more…]

Polygon’s [MATIC] zkEVM has remained a topic of discussion for quite a few months now. This was because its public testnet went live in 2022. Polygon ZK recently revealed that the first public testnet for Polygon zkEVM had “deprecated.” In the first testnet, 86,142 transactions were verified, and over 20,000 wallet addresses were registered.   In the[Read more…]

Polygon [MATIC] recently reached a new milestone in terms of decentralized exchange (DEX) volume. It crossed $50 billion in DEX volume over the last 12 months, according to a tweet on 11 January. However, despite reaching this watershed number, DEX volume on Polygon declined over the last few months, according to data from Dune Analytics. This[Read more…]

According to a 9 January research released by blockchain maximalist, “100y”, Polygon [MATIC] has a critical part to play in mass modular blockchain adoption. The article, released via Medium, referred to Polygon’s plasma chain which introduced a series of modular blockchain products. All hail the “all in one” For the research specialist, who works at Korean blockchain group,[Read more…]

Polygon [MATIC] continued to stand in the limelight as its popularity among the big players soared. According to WhaleStats, it became one of the most used smart contracts among the top Ethereum [ETH] whales in the last 24 hours.  The heightened traction among the whales coincided with a sharp jump in price and trading volume. At the time[Read more…]

With its recent alliances and moves in the industry, Polygon has made many appearances in the NFT and Web3 debates. In a recent release, Mastercard disclosed a collaboration with Polygon. The most recent Mastercard announcement further positioned the Polygon at the center of Web3 debate and development.  Polygon X Mastercard At the Consumer Electronics Show in Las Vegas,[Read more…]

Polygon [MATIC] was observed to be showing immense growth in the DeFi space over the last few days, despite the bear market. Besides collaborating with web 2 companies, the layer 2 solution partnered with DEXes such as Uniswap [UNI]. This alliance impacted both protocols in a positive manner. With this partnership, Polygon helped Uniswap with getting more[Read more…]

Polygon [MATIC] appeared to have an intriguing 2022, as it collaborated with several well-known companies, including Meta, Reddit, and Starbucks. Although this was a significant development, its native token, MATIC, did not appear to be affected in any way.  Polygon boasts of stable TVL In a post on 3 January, Polygon highlighted the strength and stability of its Total Value[Read more…]

According to new data posted by Polygon, the layer 2 solution was observed to be improving its presence in the DeFi space. This was indicated by the number of liquid staking derivates on the Polygon network which grew significantly over the last year. The DeFi angle As per the data provided by pledge, the number of liquid[Read more…]