Author Archives: ambcrypto.com

Polygon has been celebrating different wins lately but its latest one slaps different. With the network leaning heavily towards metaverse offerings, Polygon has become the first blockchain network to host an airport metaverse courtesy of BLR Airport. Here’s why this is important. BLR Airport’s new metaverse on Polygon highlights the potential use cases, especially for commercial[Read more…]

Vitalik Buterin recently praised Polygon [MATIC] in reply to a tweet about its newly launched zk-EVM, calling it “truly amazing.” Well, Polygon’s ZK-EVM is a layer 2 construction on top of Ethereum that focuses on improving its scalability through mass transfer processing rolled into a single transaction. Apart from this, Polygon also witnessed a growth in its[Read more…]

SushiSwap [SUSHI] made it to the news again as it was in the list of top Polygon projects in terms of Altranking, which investors can consider a major bullish signal. Polygon (MATIC) continued its high-profile partnerships in November. Following deals with Reddit, Robinhood, Uniswap, Starbucks, Meta, and JP Morgan, Bebop is the latest. Polygon’s speed and[Read more…]

Over the last few months we have seen Polygon’s rapid growth beyond the scope of an Etthereum layer 2. Polygon has been focused on becoming a key player in the Web3 space and its latest update reveals just how big of a role it might play in the future. According to the update, Polygon is already playing[Read more…]

Polygon [MATIC] was last week’s top performer among the top 20 cryptos in terms of market capitalization, as its value surged by over 30%. At press time, MATIC was trading at $1.20 with a market capitalization of $10.4 billion, according to CoinMarketCap. CoinGecko’s data revealed that MATIC was also quite popular, at press time as it was[Read more…]

Data analytics platform, Santiment posted a update on Polygon [MATIC] as of on 5 November. According to the tweet Polygon’s prices have grown tremendously since the beginning of November. Furthermore, it also witnessed significant network growth in the same time frame.  All okay MATIC? One reason stated for the same was Polygon’s growth in the social sector. As can[Read more…]

Santiment data indicated that whales appeared to have become more interested in Polygon [MATIC]  recently. Whale transactions of more than $100,000 were observed to be on the rise and surpassed 300 transaction counts recently. However, what could these transactions reveal to us? Are we witnessing a sell-off or an accumulation? Impact on inflow and outflow Looking at[Read more…]

As more people move away from speculative asset classes, leading NFTs marketplace OpenSea continues to suffer a decline in its share by market volume and number of users. Furthering its 10-month decline streak, recent data from Dune Analytics showed that OpenSea Ethereum closed October with a severe drop in all of its key metrics.  Are the glory days behind?[Read more…]

The month of October was quite exciting for the Polygon [MATIC] ecosystem as several developments and integrations took place. Beginning with the launch of Polygon’s new zk-EVM public testnet, which is a layer 2 construction on top of Ethereum that solves its scalability through mass transfer processing rolled into a single transaction, to several integrations, such as[Read more…]

Social media giant Meta has taken another step towards web3 adoption as it announced a new digital collectibles feature for creators on Instagram. NFTs on Instagram Meta announced this new feature during its Creator Week 2022 and revealed that it had tapped Polygon to enable NFT minting and selling on Instagram.  The social media platform will provide creators with[Read more…]