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Polygon’s NFT market in the past 24 hours had 10 collections with over 180,000 holders and four collections with above 500,000. For juxtaposition, Ethereum’s NFT market in the past 24 hours had four collections with over 100,000 holders and one collection above 500,000. Solana’s NFT market didn't have a single
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A sharp rebound in the Polygon (MATIC) market in the last four months has increased its price by 200% when measured from its June 2022 bottom of $0.31. And now, the token is showing signs of undergoing another major market rally.MATIC exchange balance hits nine-month lowNotably, the MATIC supply held
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Polygon’s VP of Global Business Development for gaming Urvit Goel believes games that integrate nonfungible tokens (NFTs) have a natural edge on traditional games that don’t allow users to sell their in-game items.Goel spoke candidly with Cryptox in Seoul last week about Polygon’s (MATIC) push toward helping NFT games proliferate
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The Polygon (MATIC) has had an impressive bull run seen in the last couple of days. The coin is treading above the EMA red lines as seen on the daily price chart. On the other hand, MATIC’s trading volume has plunged by as much as 42% or $1.1 billion overnight. MATIC
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After a devastating 50% correction between Dec. 25 and Jan. 25, Polygon (MATIC) has been struggling to sustain the $1.40 support. While some argue this top-15 coin has merely adjusted after a 16,200% gain in 2021, others point to competing scaling solutions growth.MATIC token/USD at FTX. Source: TradingViewEither way, MATIC
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As cryptocurrencies continued to recover Tuesday from last weekend’s massive sell-off, Ethereum scaling solution Polygon was among the biggest gainers.MATIC, the native token of the Polygon blockchain, surged from $1.79 on Monday morning to $2.50 over the ensuing 24 hours, a nearly 40% gain. At the time of publication, the
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Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible token (NFT) sector also led to a surge
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“Layer 2″ blockchain project Polygon’s MATIC token is up 16% in the last 24 hours after crypto exchange-traded product (ETP) issuer 21Shares announced it’s listing a product linked to the cryptocurrency’s performance on Euronext exchanges in Paris and Amsterdam.Layer 2 products work on top of primary blockchains to speed up
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Bitcoin has regained upside momentum following Thursday’s 2.5% drop, which saw the market nearly re-test the former resistance-turned-support near $53,000. The cryptocurrency was trading near $55,500, representing a 3% gain on the day, having printed a five-month high above $56,000 during the European hours. Source
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