SushiSwap [SUSHI], as of 31 October, made it to the list of the top Polygon projects in terms of galaxy score, only behind AAVE. This was a major update for SUSHI that could play in favor of the blockchain in terms of a possible price surge in the coming days. Furthermore, a higher galaxy score could[Read more…]
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Hedera network flaunted its high transaction speed in a recent post, outperforming other platforms, such as Polygon and Algorand in terms of transactions speed. However, an increase in speed did not translate to Hedera’s market dominance as it witnessed a depreciation alongside its volume. The top dApps on the network suffered as well. The Hedera network recently[Read more…]
MATIC, the native token of Ethereum’s most popular scaling solution Polygon, has registered impressive growth during the month of October. The altcoin surged by more than 23% since the beginning of this month. According to CoinMarketCap, MATIC was trading at $0.9324 at press time. The bullish sentiment around the token has also led to a massive surge[Read more…]
Polygon [MATIC] achieved quite a success in the NFT space after Reddit Collectible Avatar’s trading volume surpassed $2.5 million, +1,113% in a single day. Not only did Polygon reach this milestone, but it also partnered with several platforms that helped increase the network’s capabilities and offerings, the latest being Bitpay’s support for Polygon. BitPay is one of the[Read more…]
Even after increasing its number of collaborations, Polygon has failed to note much growth in terms of its NFT sales. That being said, the Reddit NFT collection, over the past few days, has elicited massive interest from users. Top-selling NFTs on the Reddit collection saw significant growth. In fact, according to RedditFloor.com, the top 3 NFTs all registered growth of more[Read more…]
Polygon, the layer 2 solution that has been in the news for quite some time for its increasing number of collaborations, expanded into the NFT space. Despite partnerships in multiple domains for their NFT’s, the Polygon NFT market didn’t see any noteworthy growth. According to a tweet by Polygon Studios on 21 October, it was stated that an e-sports platform was being[Read more…]
Polygon has recorded a massive rise in the number of dApps on the platform since the start of 2022. It also announced a partnership with a Web3 studio. In the past ten days, the $7.2 billion market cap asset has managed a sharp bounce from the $0.72 support zone. However, a look at its higher timeframe price charts showed bearish[Read more…]
Polygon, Ethereum’s most popular scaling solution, achieved a significant milestone earlier this week. Citing a report from Alchemy, the network stated that more than 53,000 decentralized applications were operating on Polygon as of the end of September. The crypto winter has failed to deter dApps from making their way into Polygon, given that the figure has gone up more than[Read more…]
Polygon managed to achieve robust growth in terms of adoption despite MATIC’s downturn during the bear market. According to Polygon’s latest announcement, the network witnessed a massive growth in 2022 alone. However, how would this development affect the price of MATIC in the short and long-term? According to the announcement, Polygon launched more than 53,000 dapps[Read more…]
Polygon [MATIC], at the time of writing, was trading at a significant premium from its 2022 lows but the alt had struggled to recover back above $1. Demand for the coin above the same price level remained low but a recent Polygon partnership may pave the way for more liquidity. Polygon’s latest announcement revealed a[Read more…]