The press releases are on fire today as Polygon has announcements firing out left and right. The platform has announced ‘Avail’ – described as “a robust general-purpose scalable data availability layer”. Additionally, the platform announced the launch of yield aggregator Pickle.Finance. Polygon’s Latest: Avail In a press release to kick off the week, Polygon has…
Safe to say, Polygon has been on a tear lately. On the heels of a DappRadar report noting more than 75,000 active users and nearly $1B in value flows through their layer 2 protocol, the Polygon team has announced a new developer SDK for streamlined app creation. In the past month, our team at NewsBTC…
Polygon (MATIC) has seen an explosion on the daily chart with a 40.4% rally trading at $0,74. In the weekly and monthly chart, MATIC’s numbers are equally impressive with a 118% and 114% bull-run. Most of the profits seem to have been recording over the past three months. MATIC with heavy gains in the daily…
Matic Network, the Layer 2 scaling solution for Ethereum, revealed the results of their Counter Stake testnet stress testing. Over an uninterrupted two month period, the team claims the network achieved speeds of up to 7,200 transactions per second (TPS). What’s more, this occurred under decentralized conditions. “During stress testing, 122 validators were active and…
Mainnet crypto staking on the Matic network went live on June 29, 2020. Delegators need a minimum of one Matic token to participate, and with a current price of just under two cents, the barrier to entry is low.Matic’s co-founder and CEO, Sandeep Nailwal took to Twitter to give an update on how the rollout…
MATIC is trending sideways after bottoming out in mid-March.The underperforming token is, nevertheless, flirting with key resistance area to pursue a breakout.Favorable fundamentals hint a near-term bullish scenario for the cryptocurrency.Matic, a cryptocurrency that underwent a huge pump-and-dump last year, has been unable to revive its bullish momentum in 2020.The low-cap token bottomed at 154…
Bloomberg called Binance Coin the best-performing cryptocurrency of 2019 but it nevertheless remains vulnerable to traders’ intrinsic greed. The native token of one of the world’s largest crypto exchanges, Binance, has surged by more than 146 percent as of this time of writing. The gains are far larger than what the benchmark cryptocurrency Bitcoin has…
Matic, a cryptocurrency known to have an active and supportive community, plunged by more than 50% on the day and over 70% at the day’s lowest point. But, such a drop can occur to any minor crypto asset. According to global markets analyst Alex Krüger, large hands can adjust the selling volume of a cryptocurrency,…
Around $6 billion has been dumped out of crypto markets over the past few hours as the bears return again. Coincidentally it has happened again, right after Bakkt launched more institutional investment products for Bitcoin. Bitcoin Barrels Towards $7k BTC charts were looking positive during late trading yesterday but the Asian session changed all of…
Upon any visit to crypto Twitter or any online cryptocurrency community for that matter, and you’ll be hard pressed to avoid over the top shilling of the recent IEO tokens, notably the Binance Launchpad-born tokens, Harmony One, Celr, Fetch, BitTorrent Token, and the Coinbase Ventures-backed Matic. While the shilling may be relentless, the incessant mentions…