Category Archives: Polygon news

Binance Welcomes Native USD Coin (USDC) on Polygon Network Binance, one of the leading cryptocurrency exchanges, has exciting news for its users. They have announced their support for the native USD Coin (USDC) on the Polygon network, which is issued by Circle. This development is set to bring greater convenience and accessibility to traders and[Read more…]

Linea Review: Exploring ConsenSys’ zkEVM Scaling Solution Linea, developed by the powerhouse ConsenSys empire, has officially launched its Public Testnet, marking a significant milestone in the world of zkEVM scaling solutions. In this Linea review, we delve into the project’s outstanding features and how you can participate in the testnet to potentially receive a valuable[Read more…]

Polygon’s Price Correction With trends shifting rapidly in the crypto landscape, Polygon (MATIC) is now facing a price correction after a substantial rally. Analysts attribute this dip to profit-taking among investors and increased competition within the crypto space. Despite the correction, Polygon remains a strong investment option due to its innovative solutions to Ethereum’s scalability[Read more…]

Overview Polygon (MATIC) witnessed a significant surge in its price, climbing 5% in the last 24 hours. This surge was triggered by the US Securities and Exchange Commission (SEC) dropping charges against Ripple’s top executives. This development holds substantial implications for MATIC, an Ethereum layer 2 scaling protocol. Background The SEC had previously categorized MATIC[Read more…]

Market Overview With the market turning green for the third day in a row, the altcoins are picking up bullish momentum to rise higher. Reacting to the market-wide action, the MATIC price jumps significantly to create a bullish pattern. Aiming to rise higher by riding the ongoing bullish wave, the Polygon prices challenge the 50-day[Read more…]

Overview Polygon (MATIC) witnessed a significant surge in its price, climbing 5% in the last 24 hours. This surge was triggered by the US Securities and Exchange Commission (SEC) dropping charges against Ripple’s top executives. This development holds substantial implications for MATIC, an Ethereum layer 2 scaling protocol. Background The SEC had previously categorized MATIC[Read more…]

Price Surge and Increased Trading Activity MATIC, the native token of the Polygon blockchain, experienced a remarkable surge in price, rising by 6.58% within 24 hours. Alongside this price surge, trading activity increased by 33.8%, indicating strong market demand for MATIC tokens. As per the latest data from CoinMarketCap, MATIC’s current price stands at $0.5416.[Read more…]

OKX NFT Marketplace Embraces Polygon zkEVM OKX NFT Marketplace, a prominent platform in the NFT ecosystem, has seamlessly integrated Polygon zkEVM, a revolutionary zero-knowledge scaling solution designed for compatibility with the Ethereum Virtual Machine (EVM). This strategic collaboration has opened the doors to endless opportunities, providing users with effortless access to the dynamic world of[Read more…]

Introduction In a significant development for the Polygon network, a new Polygon Improvement Proposal, PIP-29, has been introduced, aiming to establish a robust governance framework. This framework will empower a 13-person Protocol Council to oversee essential upgrades to system smart contracts within existing and forthcoming Polygon protocols. The Influential Protocol Council Members The proposed Protocol[Read more…]

The Rise of the Polygon Protocol Council As the landscape of blockchain technology continues to evolve and mature, the quest for scalability and decentralization becomes increasingly paramount. One of the most prominent players in this field, Polygon, has made significant strides to ensure it stays at the forefront of this revolution. With the inauguration of[Read more…]