Polygon (MATIC) Falls 32% in 2 Months, Critical Support at $0.85
Polygon prices are under pressure despite the growing popularity of the platform. MATIC is currently down 32% from March 2023 highs.
Polygon News (Latest Publications)
Polygon is a blockchain that aims to enable the development of Smart Contracts and Decentralized Applications (DApps), with fees much lower than those charged by Ethereum.
Polygon’s network works from a network of decentralized nodes that create a parallel network (sidechain) to Ethereum. This allows it to have a higher transaction processing speed, sensibly reducing the necessary gas fees.
In addition, Polygon uses the Proof-of-Staking (PoS) consensus system, whereby participating nodes can block MATIC tokens to earn rewards and help the operation of the network.
In this section, you will find the latest Polygon News, so as not to miss any detail of this interesting project.
Polygon Selloff Rapid, MATIC May Extend losses below $1
Polygon prices are oscillating around $1 but the selloff has been unexpectedly rapid. MATIC is down 35% from Q1 2023 peaks.
Polygon Labs and Ledger Openly Call on EU Lawmakers to Amend Data Act
Polygon Labs, a software development company that created the Ethereum layer-2 scaling solution Polygon and other blockchain infrastructure solutions, has urged the European Union (EU) lawmakers to revise
Polygon Launches the ZkEVM Mainnet Beta TODAY!
Polygon, Ethereum’s largest scaling solution, is set to launch the highly anticipated ZkEVM in the next few hours. The fundamental aim of the launch is to
Polygon Labs Partners with Immutable on Web3 Gaming Development
Polygon Labs and Immutable have teamed up to develop a gaming solution called “Immutable zkEVM,” supported by Polygon technology using zk-rollups to accelerate Web3 game development
Binance announces Polygon support in its NFT Marketplace
Binance NFT, the branch of Binance dealing with non-fungible tokens trading, announced the inclusion of the Polygon network into its marketplace. The marketplace now supports the
Polygon launches web3 identification service based on zero-knowledge proofs
Polygon has just tweeted about a new web3 identification service based on ZK-knowledge proofs that promise to revolutionize many concepts we take for granted online.
Polygon announces zkEVM Mainnet Beta
Polygon, an Ethereum scaling project, has scheduled the launch of its zero-knowledge Ethereum Virtual Machine (zkEVM) beta main network for March 27.
Polygon (MATIC) Surpasses Ethereum (ETH) in Daily Active Addresses
Daily active users (DAU) on Polygon have outperformed Ethereum increasing more than 20,000 addresses. Meanwhile, Polygon (MATIC) has claimed the top tenth position in the crypto
FTT, Solana, MATIC Nosedive amid Crypto Collapse; FTT Falls Over 75%
In one of the biggest pullbacks in the cryptocurrency market, FTX Token (FTT), Solana (SOL) and Polygon (MATIC) prices witnessed a massive downturn. Although all major
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