Polygon (MATIC) Achieves 2.3 Million Daily Transactions in Q3, Report Highlights According to Messari’s recent “State of Polygon Q3 2023” report, Ethereum scaling Polygon achieved a significant milestone, averaging 2.3 million daily successful transactions and 82,000 daily unsuccessful transactions in the previous quarter. Moreover, the average transaction fee experienced a notable decrease by 60% in[Read more…]
Author Archives: BSCN NEWS REPORTS
OpenSea Pro Enhances NFT Trading Experience with Polygon Network Integration OpenSea Pro, a leading NFT marketplace, has recently announced its integration with the Polygon network, a move aimed at simplifying cross-chain asset trades and promoting interoperability within the Web3 ecosystem. This strategic decision comes in response to Binance NFT’s withdrawal from Polygon, positioning OpenSea Pro[Read more…]
Exploring MATIC Price Trends Following a breakout from the channel pattern, the MATIC price experiences a boost in momentum through a double bottom reversal. Surpassing the dynamic 50-day EMA, the Polygon price trend witnesses a significant 30% increase in the past two weeks. Driven by a robust reversal rally, the MATIC price trend sets its[Read more…]
Polygon’s Remarkable Growth in Q3 2023 Polygon (MATIC), a Layer 2 (L2) blockchain network, experienced significant growth in the third quarter of 2023. According to a report by Messari, the platform witnessed a substantial increase in non-fungible token (NFT) sales, successful network upgrades, and the activation of a new token. Polygon NFT Sales Skyrocket During[Read more…]
Crypto Analysts Bullish on Shiba Inu (SHIB) Crypto analyst Ali Martinez recently identified bullish signals for Shiba Inu (SHIB) and predicts significant growth, indicating a higher return on investment (ROI) for investors. Polygon (MATIC) Shows Positive Indicators Polygon (MATIC) is also showing promising signs and could experience a rally in the coming days. Market data[Read more…]
Key Points: Renowned analyst Tom Wan recently revealed groundbreaking developments in the cryptocurrency world, shedding light on a massive migration of over 65.5 million MATIC tokens, constituting 0.655% of the total MATIC tokens on Ethereum. These tokens have found a new home on the Polygon (POL) platform, marking a significant move within the cryptocurrency ecosystem.[Read more…]
MATIC: Uncovering the Potential of This Hidden Gem MATIC stands out as an undervalued project in the crypto realm. Despite its subdued rally, it presents strong investment potential. Two-digit price predictions within the next 1-2 years seem plausible. In the vast universe of cryptocurrencies, spotting the next ‘big thing’ can be a challenging endeavor. Among[Read more…]
Long-term Price Forecast According to analysts at Coinidol.com, Polygon (MATIC) is currently trading above the moving average lines, indicating positive momentum in the market. The long-term forecast for Polygon’s price is bullish. The bulls managed to break the previous resistance range of $0.50 to $0.60. On October 27, Polygon experienced a minor dip and retested[Read more…]
Market Analysis: Polygon’s MATIC Token The cryptocurrency market has recently seen a mix of sentiments, with established coins maintaining stability while midcap altcoins, particularly Polygon’s MATIC token, experience substantial momentum. October concluded on a positive note, witnessing Bitcoin’s price surge by over 28%. Understanding the Surge in Polygon Price Several factors have contributed to the[Read more…]
Investment Opportunities in Cryptocurrencies: Polygon (MATIC), Chainlink (LINK), and Everlodge (ELDG) As technology evolves, investors and traders are exploring new ways to gather data about specific cryptocurrencies. AI-based technology has become a popular choice for making investment decisions. Google Bard, a renowned AI-driven chatbot, has identified potential growth in Polygon (MATIC), Chainlink (LINK), and Everlodge[Read more…]