Author Archives: BSCN NEWS REPORTS

Key Metrics Surge in December 2023 Key metrics of Polygon zkEVM experienced a remarkable surge in December 2023. Network Activity Spike and Daily Gas Usage The increase in Polygon’s network activity led to a significant spike in zkEVM’s daily gas usage. Comparison with zkSync Era The last month of 2023 was a period of substantial[Read more…]

The Price Recovery of Polygon (MATIC) The price of Polygon (MATIC) has successfully recovered from its previous downturn, showing signs of a bullish trend. Long-term Polygon Price Prediction Today’s upward correction reached a high of $1.09 before retracing below the previous high. As of the latest update, Polygon is currently trading at $0.97. Despite the[Read more…]

The Rise of Retik Finance: A Formidable Challenger to Polygon Retik Finance has rapidly emerged as a formidable rival to Polygon, renowned for its innovation in Ethereum scaling and infrastructure development. While Polygon has made significant strides in improving blockchain efficiency and interoperability, Retik Finance is carving out its niche by revolutionizing the DeFi space[Read more…]

Chainlink (LINK) Price Analysis Both Chainlink and Polygon display bullish signs, suggesting a robust upward trend, marked by a clear breakout on the technical chart. The cryptocurrency market kicked off 2024 with a positive start, witnessing a robust performance as Bitcoin surged over 7% on the inaugural day. Altcoins, including Chainlink (LINK) and Polygon (MATIC),[Read more…]

The Bullish Crypto Market: MATIC, BNB, and Pullix (PLX) The crypto market continues its bullish trend, witnessing substantial gains across various cryptocurrencies. Notably, Polygon (MATIC), Binance (BNB), and Pullix (PLX) have shown remarkable performances in recent times. Polygon (MATIC) Maintains Bullish Momentum Above $1 Seven months after revisiting the $1 mark, Polygon (MATIC) is trading[Read more…]

Ali Martinez’s Insights on Ethereum (ETH) Ali Martinez, a prominent analyst in the cryptocurrency world, recently shared valuable insights on Ethereum (ETH) in his latest post. Evaluating the price movements of ETH, Martinez suggested that the altcoin is poised for further upward momentum. The analyst is optimistic about the path ahead for ETH, noting the[Read more…]

Overview of MATIC Price Action Starting 2024 with a 2.04% jump on New Year’s Eve, the MATIC price is situated on a bullish platform, ready to bounce higher. With the Polygon price action marking a minor pullback to give a successful retest, the buyers are speculating on the possibility of a refreshed bull run. Further,[Read more…]

Introduction Recent metrics indicate that MATIC may have been overvalued, but a potential retracement could pave the way for another rally. This article explores the current state of MATIC and whether it presents a buying opportunity. MATIC’s Bullish Bias MATIC has shown a strong bullish bias, with a retest of $0.95 potentially triggering a renewed[Read more…]

Short-Term Pullback and Psychological Mark After experiencing a remarkable 35% bullish trend in just seven days, the MATIC price undergoes a short-term pullback, falling back under $1. This loss of a crucial psychological mark impacts sentiments around Polygon, causing a small dent in the overall uptrend. With a higher price rejection observed around $1.05, Polygon[Read more…]

Polygon Dips Below $1 Again, as Cardano and BinanceCoin Face Uncertainty: What Lies Ahead?