Category Archives: Polygon news

POL Token Deployment on Goerli Testnet Ethereum layer-2 Polygon achieved a significant milestone this week with the deployment of its native token POL on the Goerli testnet. Co-founder Mihailo Bjelic referred to this achievement as a crucial step in the planned modular architecture shift. Polygon Improvement Proposals (PIPs) Five public Polygon Improvement Proposals (PIPs) have[Read more…]

Polygon (MATIC) zkEVM Upgrade and Bullish Performance Polygon (MATIC) recently underwent a significant upgrade, known as Dragon Fruit, bringing PUSH0 to Ethereum Layer-2 solutions. Polygon developers updated nodes, prover, and bridge services, resulting in increased usage. On the charts, MATIC traded between $0.501824 and $0.525662 last week, showing a 2.8% increase. According to Polygon price[Read more…]

Polygon Co-Founder’s Transition Polygon co-founder Jaynti Kanani took to Twitter to announce his decision to step down from handling day-to-day responsibilities. He mentioned focusing on new adventures but was somewhat vague on the specifics. Kanani’s Announcement on Twitter On Twitter, Kanani stated, “After kickstarting Polygon in 2017, around 6 months back, I decided to step[Read more…]

Rising Polygon Prices and Its Key Drivers In the dynamic world of cryptocurrency, exciting developments are constantly unfolding. Polygon (MATIC) has been making waves in the crypto space, addressing the long-standing issues of slow transactions and high fees on the Ethereum network. Its innovative “layer two” scaling solution built on the Ethereum blockchain optimizes transaction[Read more…]

Bitcoin’s Recent Performance and Market Analysis Fueled by renewed optimism, Bitcoin briefly rallied back above $28,000 on Monday for the first time since August. However, the largest cryptocurrency has since pared those gains, dipping to $27,758 as of writing, down 0.85% so far today. While Bitcoin briefly traded above $28,000, technical analysis suggests a potential[Read more…]

Resilience Amid Challenges Just like a Phoenix, Polker is rising from the ashes. The past eighteen months have been challenging across the blockchain industry, but Polker has displayed resilience during these dark times. Poly Network was hacked in July, and their bridge lost control of over 50 tokens – PKR included. Despite having no contact[Read more…]

Polygon (MATIC): Soaring with Dragon Fruit Upgrade Polygon (MATIC), a popular Layer 2 scaling solution for Ethereum, experienced a surge in demand after its Dragon Fruit upgrade. The Polygon price surged from $0.52 to $0.54 post-upgrade, significantly enhancing the network’s user experience and scalability. This upgrade solidified Polygon’s position as a reliable platform for decentralized[Read more…]

Overview of MATIC Price Action After a long-term correction in 2023, MATIC’s price action regains bullish momentum, coinciding with the overall market recovery. Positive sentiment surrounds Polygon due to the Google Cloud staking of 10,000 MATIC, fueling investor confidence. Bullish Turnaround and Uptober Rally The recent bullish turnaround in MATIC’s price triggers a breakout rally[Read more…]

Overview of Polygon zkEVM Growth Polygon zkEVM has recently surpassed $130 million in deposits, showcasing a substantial increase in adoption within the crypto community. While MATIC’s price experienced a sideways movement, zkEVM exhibited notable growth across various aspects. Increased Adoption and Usage Recently, Today In Polygon, a popular social media handle dedicated to Polygon updates,[Read more…]

Polygon Labs and Google Cloud Partnership Polygon Labs has made a groundbreaking move in the world of blockchain technology by partnering with Google Cloud. This partnership has not only brought innovation but also transparency to the Polygon Proof of Stake (PoS) network. Now, the performance of validators in the Polygon PoS network can be publicly[Read more…]