The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Read More
The announcement marks the first time an esports organisation invests significantly into a cryptocurrency ecosystem Read More
Pseudonymous Shiba Inu (SHIB) founder Ryoshi has walked away from the community after deleting all of their Tweets and blog posts this week. Read More
The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months. Read More
Endless Battlefield team announces a new milestone. Read More
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Polygon (MATIC) Is Poised to Outperform Bitcoin, Says Crypto Analyst – Here’s the Timeline
A widely followed analyst says that the Ethereum (ETH) layer-2 scaling solution Polygon (MATIC) is setting the stage to outperform king crypto Bitcoin (BTC). Pseudonymous crypto analyst Pentoshi tells his 675,500 Twitter followers that a key upgrade to the Polygon blockchain project will send its price soaring. Polygon Labs announced that on March 27th it will […] The post Polygon (MATIC) Is Poise
Daily Hodl -
4 months ago MATIC
Assessing reasons behind MATIC’s unprecedented spike in its value
MATIC whale supply distribution has risen to 11% in February. 30-day MVRV reflects profits as active addresses decline. Recently, there has been a rise in the price of Polygon [MATIC], and this increase appears to have been caused by the activity of some whale addresses. What are some of the likely reasons behind the actions […]
AMBCrypto -
4 months ago MATIC
A widely followed crypto trader says Bitcoin (BTC) and two more altcoins have much more room to run in their respective rallies. Pseudonymous strategist Pentoshi tells his 675,200 Twitter followers that the king crypto can shoot up by another 30%. He says the strength of the daily candle for Bitcoin is leading him to predict […] The post Crypto Trader Says He’s in ‘Complete Awe’ of Bitcoin, Predic
Daily Hodl -
4 months ago MATIC
Fortune 500 Giant Siemens Uses Polygon (MATIC) To Launch New Blockchain-Based Bond
Global technology powerhouse Siemens has issued its first digital bond on the Polygon (MATIC) blockchain following the enforcement of Germany’s Electronic Securities Act (eWpG) in June 2021. Germany previously required securities to be represented by a physical certificate, but the eWpG introduced a legal framework that now allows the issuance of bonds using technologies such […] The post Fortune
Daily Hodl -
4 months ago MATIC
Polygon Growth Plans Will Take The Following Path
Polygon MATIC is soaring today, with a price gain of 11.31% in 24 hours. Its market cap and trading volume have also spiked by 11.46% and 18.39%, respectively, showing increased utility and activity with the token. The gains are not surprising, given that Polygon has been focused on developing its ecosystem. Tom Dunleavy, a senior […]
Bitcoinist -
4 months ago MATIC
Polygon: Here’s where MATIC stands after zkEVM Mainnet announcement
Polygon set the date for its Mainnet Beta launch. Network growth fell, but MATIC holders seem to be excited about the announcement. On 14 February, Polygon [MATIC] finally announced the date for its zkEVM Mainnet. Dubbed as the “future of Ethereum scaling,” the Layer-two (L2) protocol pointed out that the disclosure would serve as a […]
AMBCrypto -
4 months ago MATIC
Polygon [MATIC]: Bulls successful at recovery – is a retest of $1.30 likely?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MATIC broke below its ascending channel pattern but was held in check. A retest of $1.30 could be likely if BTC reclaimed the $22.25k level. Polygon [MATIC] successfully recovered but faced a hurdle at […]
AMBCrypto -
4 months ago MATIC
Crypto whales are abruptly shifting hundreds of millions of dollars of prominent crypto assets including Bitcoin (BTC), Polygon (MATIC), and XRP. New data from whale-watching platform Whale Alert reveals that deep-pocketed crypto investors are moving troves of the king crypto to and from various wallets and crypto exchange platforms. One high-net-worth investor moved 5,502 BTC […] The post Whales
Daily Hodl -
4 months ago MATIC
Interest in digital assets unabated with multiple weeks of consecutive inflows: Report
Digital asset investment products logged the fourth week of consecutive inflows last week. There has been a significant increase in investments in short-bitcoin, indicating that a substantial number of investors remain uncertain about the future trajectory of the market. Inflows into digital asset investment products totaled $76 million last week, bringing the fourth consecutive week […]
AMBCrypto -
4 months ago MATIC
Bloomberg’s lead commodity strategist says that scaling solutions on Ethereum (ETH) may be threatening the rise of the alternative layer-1s like Solana (SOL) and Avalanche (AVAX). In a new report on crypto assets, Mike McGlone says that Ethereum layer-2s are gaining rapid adoption, and are stopping the flow of new users from Ethereum into alternative […] The post Bloomberg Analyst Warns Rise of So
Daily Hodl -
4 months ago MATIC
Digital assets manager CoinShares says large institutional investors are pouring money into Bitcoin (BTC) and other digital assets for the fourth consecutive week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investor sentiment has shifted to decidedly positive, a notable change in the new year. “Digital asset investment products saw inflows totaling […
Daily Hodl -
4 months ago MATIC
Coin Bureau host Guy Turner is optimistic that Polkadot (DOT) and Cosmos (ATOM) during boom during the next crypto bull run. Citing a report by Electric Capital, Turner tells his 2.21 million YouTube subscribers that the two layer-one blockchains are able to attract and retain developers despite getting significantly less funding than the likes of […] The post Two Altcoins Will Significantly Outpe
Daily Hodl -
4 months ago MATIC
Polygon network keeps booming, but can zkEVM save MATIC from loss
Polygon zkEVM registered growth during the last seven days. New partnerships for Polygon, but price action remained negative. Polygon [MATIC] published Polygon zkEVM’s latest statistics on 31 January. As per the data, zkEVM’s growth over the last week looked promising for the Polygon network. Source code available? CheckPublic testnet? CheckLive prover? Check Zero Knowledge doesn't […]
AMBCrypto -
4 months ago MATIC
This Unknown $20 Million Transfer In MATIC Caused A Price Drop?
According to on-chain analysis data released today by Blockchain service Lookonchain, a Polygon whale moved considerable funds in this network’s native token MATIC. The funds were sent to trading venues, thus making the price of the token drop by nearly 6%. The unknown whale wallet transferred $10.43 million in MATIC to another unknown wallet in […]
Bitcoinist -
4 months ago MATIC
Institutions Pour Capital Into Bitcoin (BTC) at Highest Rate Since July of Last Year: CoinShares
Digital assets manager CoinShares says large institutional investors are pouring money into Bitcoin (BTC) at rates not seen in the last six months. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors are pouring money into the digital asset markets after a long dry spell. “Digital asset investment products saw […] The post Institutions Pour Capital I
Daily Hodl -
4 months ago MATIC
An analyst who called the end of Bitcoin’s (BTC) bull market last year is predicting surges for blockchain scaling solution Polygon (MATIC) and smart contract protocol Avalanche (AVAX). Pseudonymous analyst Pentoshi tells his 671,300 Twitter followers that MATIC looks bullish and could be gearing up for a rally toward a major resistance area. “This one […] The post Crypto Strategist Predicts Ralli
Daily Hodl -
4 months ago MATIC
New data from crypto analytics platform Santiment reveals that whale transactions are spiking for Litecoin (LTC), Polygon (MATIC) and two Ethereum (ETH)-based altcoins. According to the market intelligence firm, Bitcoin (BTC) alternative Litecoin is experiencing a resurgence of whale activity that could result in another price explosion of more than 30%, which is what happened […] The post Whales
Daily Hodl -
4 months ago MATIC
Deep-pocketed crypto investors are suddenly moving hundreds of million worth of crypto assets, including the top two leading digital assets by market cap, Bitcoin (BTC) and Ethereum (ETH). New data from the whale-watching platform Whale Alert finds that crypto whales have moved $317 million worth of BTC, ETH, Polygon (MATIC), and XRP during the last […] The post Crypto Whales Move Over $317,000,00
Daily Hodl -
4 months ago MATIC
These Altcoins Could Be Ones To Watch For, Santiment Suggests
Data from Santiment shows these altcoins have seen elevated whale activity recently, which may make them ones to watch for in the coming days. Polygon (MATIC), Aave (AAVE), And Dydx (DYDX) See Increased Whale Transactions According to data from the on-chain analytics firm Santiment, Polygon, Aave, and Dydx have all rallied along with high whale […]
Bitcoinist -
4 months ago MATIC
Polygon overtakes Solana by market cap- MATIC’s journey to moon guaranteed?
Polygon became the 10th largest crypto in terms of market cap. Metrics remained bullish over the last week. Polygon [MATIC] reclaimed its position as the 10th largest cryptocurrency in the world in terms of market capitalization by flipping Solana [SOL]. Thanks to MATIC’s recent price action, which helped the network once again enter the top […]
AMBCrypto -
4 months ago MATIC
Parameter | Value | Tier | Status |
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Project Maturity | 4 years | Tier 2 | Mature Project |
Transaction Volume Level | $508,516,806 - Last 24H transacted | Tier 1 | High Volume |
Cryptocurrencies Sites Listings | Tier 1 | Normal Exposure | |
Exchanges Listings |
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Tier 1 | High Exposure |
Holders Tier | 891,334 - 7D avg | Tier 3 | Big Community |
Social Channels | 1,928,554 users is Social Channels | Tier 1 | Mainstream |
Transparency Level |
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Tier 5 | Not Evaluated |
Smart Contract Analysis | -- | -- | Review Incoming |
Project Description | Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance. |
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Polygon Contracts |
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Circulating Supply | 9,080,469,069.285 | ||||||||||
Total Supply | 10,000,000,000 | ||||||||||
Holders Count | 891,334 | ||||||||||
Polygon Categories | |||||||||||
Current Polygon Price | $1.076 |