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Is the Polygon (MATIC) Bull Market Back on Track?


Polygon provides tools to enhance the speed and reduce transaction costs on blockchain networks. It was formerly known as Matic Network.  As the name suggests, Polygon has many shapes, sides. The aim is to build a simple framework for interconnected networks. At the center of Polygon is Ethereum...

Bitwise Initiates Polygon (MATIC) Fund for Scaling Ethereum


Bitwise Asset Management, the world’s biggest index fund supervisor for cryptocurrencies, has made headlines with the commencement of the Bitwise Polygon (MATIC) fund. The company currently holds over 1.5 billion dollars of assets under Management. Under this strategic initiative, venture...

Downtrend Inevitable Though MATIC Consolidates at Strong Support


Polygon (MATIC) is undoubtedly a promising cryptocurrency with decent scaling plans, but what would any plan do if the sentiment around cryptocurrencies is failing. Polygon has entered a strongly negative trend, and it will be challenging for it to get out of this selling pressure.  Therefore, only...

Polygon Grants $1m in Matic to QuickSwap in an Effort to Boost Adoption


Solving the scalability woes of Ethereum, the Polygon network grew from strength to strength and is one of the biggest success stories of 2021. With the price of its native token $MATIC climbing over 5500% this year alone, Polygon is now home to over 500 dApps, each of which benefits from...

Polygon (MATIC) Trades Flat Despite Higher Volumes!


Matic, since its inception in the year 2017, has undergone a lot of changes. From using the Ethereum network to run their operations to changing their name and launching their own blockchain, Matic has reached a new level of innovation. It uses a combination of the revered Plasma Framework...

As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise


Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...

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