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33,000 earned

Cardano (ADA), Polygon (MATIC) Interoperability Milestone Reached With This Innovation

Cardano and Polygon interoperability is now possible as the cross-chain liquidity aggregator, Blueshift's new cross-chain protocol, goes live.

The new protocol, BluesChain, will allow bridgeless cross-chain swaps between Polygon and Cardano.

Users can also swap tokens on chains Blueshift is currently connected with, including the Layer 2 protocol Milkomeda; Algorand EVM-compatible chain developed by Milkomeda, referred to as Algorand A1; Cardano EVM-compatible chain developed by Milkomeda, referred to as Cardano C1, Kava chain and Polygon.

Blueshift aims to be connected with all Ethereum L2s by the end of summer 2023 as it continues to work to push the limits of cross-chain interoperable decentralized exchanges (DEX) in the decentralized finance (DeFi) arena.

Cardano (ADA), Polygon (MATIC) Interoperability Milestone Reached With This InnovationCardano and Polygon interoperability is now possible as the cross-chain liquidity aggregator, Blueshift's new cross-chain protocol, goes live.

The new protocol, BluesChain, will allow bridgeless cross-chain swaps between Polygon and Cardano.

Users can also swap tokens on chains Blueshift is currently connected with, including the Layer 2 protocol Milkomeda; Algorand EVM-compatible chain developed by Milkomeda, referred to as Algorand A1; Cardano EVM-compatible chain developed by Milkomeda, referred tU....

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As Polygon [MATIC] gains momentum, co-founder steps in with new initiative

Polygon co-founder announced the launch of the Nailwal Fellowship to provide financial assistance to early stage Web3 developers.

• MATIC was one of the biggest losers in the market over the last month.

• The active users on Polygon rose to the highest level in five weeks on 16 May.

After a protracted period of lull, network activity on Polygon [MATIC] started to gain strong momentum. As per DeFiLlama, the active users on the Ethereum [ETH] sidechain spiked to 389,000 on 16 May, reaching its highest level in five weeks.

The jump in the user base showed a proportional effect on the number of transactions processed on the network.

A big chunk of the transaction volume was driven by L2 scaling solution Polygon zkEVM. According to a tweet by Polygon, transaction volume on the zero-knowledge rollup (zk-rollup) reached record-breaking levels over the past few days.

Polygon’s new initiative

Polygon grew into prominence over the last few months. Whether it was the launch of the much-anticipated Polygon zkEVM or the hard fork intended to stabilize gas fees on the network, the ecosystem has taken a proactive step in making blockchain technology more efficient and accessible.

As Polygon [MATIC] gains momentum, co-founder steps in with new initiative

Polygon co-founder announced the launch of the Nailwal Fellowship to provide financial assistance to early stage Web3 developers.

• MATIC was one of the biggest losers in the market over the last month....

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Polygon (MATIC) Price Continues to Struggle, Sotheby’s NFTs to The Rescue?

MATIC price has slid below $0.90 for the first since January 10.

This week, the Polygon (MATIC) network has witnessed a flurry of new joiners.

The crypto market meltdown on May 5 saw Polygon’s (MATIC) price slide below $0.90 for the first time since January. But Sotheby’s recent global NFT product launch appears to be rekindling investor interest across the network. Is this enough to validate a bullish MATIC price prediction?

On May 1, 2023, Sotheybys, one of the world’s largest brokers of fine art and collectibles, announced the decision to launch an NFT marketplace on Polygon (MATIC) network and Ethereum.

The product launch will enable crypto investors to conduct peer-to-peer secondary NFT artwork sales.

Barely a week after Sotheby’s NFT launch, Polygon is already witnessing growing demand and attracting new users. Here’s how this could propel MATIC’s price out of its current bearish trend.

Polygon (MATIC) Price Continues to Struggle, Sotheby’s NFTs to The Rescue?

MATIC price has slid below $0.90 for the first since January 10.

This week, the Polygon (MATIC) network has witnessed a flurry of new joiners.

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Polygon (MATIC) Price Shows Vigor, Are Bulls Up To Something?

May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February.

Despite Polygon’s countless innovative partnerships and bullish news events, its native token remained bearish for most of the 2023 first quarter. And BTC’s impressive price movements in April were still not enough to awaken Polygon bulls, as bears remained adamant and unmoved. However, Polygon (MATIC) bulls remain resilient in their new show of strength in May.

MATIC Price Gets Relief From Bulls

Polygon (MATIC) bulls have shown resilience and pushed back prices after a major retracement that shook most cryptocurrencies due to a change in market sentiments of investors on the first day of May.

The cryptocurrency markets, which experienced a major rally in BTC price and some altcoins in April, were met with bearish sentiments as the “Sell in May” narrative trooped in.

Polygon (MATIC), which closed April bearish at $0.97, was seen to decline further as it traded at a price low of $0.94 on the first day.

Polygon (MATIC) Price Shows Vigor, Are Bulls Up To Something?May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February.

Despite Polygon’s countless innovative partnerships and bullish news events, its native token remained bearish for most of the 2023 first quarter. And BTC’s impressive price movements in April were still not enough to awaken Polygon bulls, as bears remained adamant and unmoved. However, Polygon (MATIC) bullsMAT...

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Polygon (MATIC) Price Struggles Following Investor Confidence Woes

MATIC price has dropped below $1 for the first time in 5 months.

Polygon (MATIC) Social Sentiment has been trending negative since the Ethereum Shappela upgrade.

• Polygon (MATIC) has slipped below $1.0 for the first time since January 2023. With social sentiment surrounding the

• Polygon ecosystem trending negatively since the Ethereum Shappela upgrade, is it boom or bust for MATIC price?

Polygon (MATIC) made its name as a critical component of the Ethereum network. It gained prominence as a scaling solution to high gas fees and low throughput on Ethereum and as an interoperability layer.

However, the Shappela Upgrade marked the complete ETH2.0 Proof of Stake transition, which increased Ethereum throughput and reduced energy demands by 99%.

Fears of practical obsolescence have gradually spread across the Polygon (MATIC) ecosystem. Will the Polygon team be able to rekindle investor confidence and trigger a price rebound?

Polygon (MATIC) Price Struggles Following Investor Confidence Woes

MATIC price has dropped below $1 for the first time in 5 months.

Polygon (MATIC) Social Sentiment has been trending negative since the Ethereum Shappela upgrade.

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Polygon partners with NAODA to build a scalable, secure and sustainable web3 gaming ecosystem – Report

• FLASK noted that it will onboard its in-house and subsidiary company-developed high-end RTS and FPS games on the Polygon-powered NAODA platform in the second half of this year.

• Polygon (MATIC), however, faces immense competition from the recently launched Arbitrum network.

The Polygon (MATIC) network, an Ethereum scaling solution with about $1.04 billion in total value locked (TVL), continues to attract Web3 investors seeking to scale with the largest smart contract ecosystem. Ranging from decentralized lending protocol, NFT marketplaces, and DeFi projects, among others, the Polygon network has registered dozens of new projects in the recent past.

Projects with high volume including AAVE, Quickswap, Balancer V2, Uniswap V3, and Curve Finance, among others have chosen Polgon as the route to a scalable Web3 experience. Moreover, more than 3.59 billion MATIC coins out of the total supply of 10 billion have been staked through the networks PoS program.

Polygon partners with NAODA to build a scalable, secure and sustainable web3 gaming ecosystem – Report• FLASK noted that it will onboard its in-house and subsidiary company-developed high-end RTS and FPS games on the Polygon-powered NAODA platform in the second half of this year.

• Polygon (MATIC), however, faces immense competition from the recently launched Arbitrum network.

The Polygon (MATIC) network, an Ethereum scaling solution with about $1.04 billion in total value locked (TVL), continues to attract Web3 investors seeking to scale with the largest smart contract ecosystem. Ranging3.5...

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Could Polygon (Matic) Surge In 2023? Here’s Why Experts Prefer This Coin With 35x Potential Instead

As the 9th largest cryptocurrency in the world, Polygon (MATIC) is widely considered a strong investment. However, in the past week Polygon (MATIC) has crashed in price by 8.93%, with some analysts believing it could drop below $1.

The project has made headlines after sending an open letter to the EU parliament, though this publicity has only exacerbated its price decline. As a result, experts now prefer a new coin that could potentially surge 35x in the next few months.

What Is Polygon (MATIC)?

Polygon (MATIC) is an Ethereum scaling solution designed to offer faster and cheaper transactions on Ethereum. Individuals can use Polygon (MATIC) smart contracts to deposit Ethereum tokens, use them throughout Polygon (MATIC) and withdraw their ETH tokens with ease. Polygon (MATIC) tokens themselves are used for transaction fees and let users participate in a proof-of-stake consensus.

Polygon (MATIC) experienced a strong start to 2023, hitting its yearly high of $1.51 in February. However, its performance has since been below market, with one Polygon (MATIC) token, at the time of writing, selling for $1.04. In the last 24 hours, Polygon (MATIC) has lost an additional 1.76% of its value, with market analysts fearing it could drop below $1 should current trends continue.

Could Polygon (Matic) Surge In 2023? Here’s Why Experts Prefer This Coin With 35x Potential Instead

As the 9th largest cryptocurrency in the world, Polygon (MATIC) is widely considered a strong investment. However, in the past week Polygon (MATIC) has crashed in price by 8.93%, with some analysts believing it could drop below $1.

The project has made headlines after sending an open letter to the EU parliament, though this publicity has only exacerbated its price decline. As a result, experts now prefer a new coin that could potentially surge 35x in the next few months....

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Polygon (MATIC) Price Flashes Mixed Signals Amid Market Downturn, What’s Next?

Polygon (MATIC) jumped 6% as markets reacted to Ethereum’s successful network upgrade, but on-chain data suggest the jury is still out on MATIC long-term prospects. Will the Polygon bulls stand firm to prevent a major price correction?

Polygon (MATIC) dispelled bearish concerns to deliver a blistering 7% growth in the aftermath of the Shapella upgrade. But the hawkish mood among whales and the inflow of coins on exchanges suggests that MATIC could soon retrace below $1.

Crypto Whales Grow Hawkish After Shapella Upgrade

A critical cohort of crypto whales spent the week that preceded the Ethereum network upgrade accumulating MATIC. But according to Santiment’s on-chain data, they have now taken a neutral stand.

In the build-up to the Ethereum network upgrade, whales holding balances of 100,000 to 100 million MATIC acquired 50 million coins worth $51 million between April 5 and April 12.

The chart below shows how the whales have now grown hawkish, keeping their balances around 523 million coins since April 12.

Polygon (MATIC) Price Flashes Mixed Signals Amid Market Downturn, What’s Next?

Polygon (MATIC) jumped 6% as markets reacted to Ethereum’s successful network upgrade, but on-chain data suggest the jury is still out on MATIC long-term prospects. Will the Polygon bulls stand firm to prevent a major price correction?

Polygon (MATIC) dispelled bearish concerns to deliver a blistering 7% growth in the aftermath of the Shapella upgrade. But the hawkish mood among whales and the inflow of coins on exchanges suggests that MATIC could soon retrace below $1....

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Polygon Sees Surge in Activity

Thanks to a 53% monthly surge in daily active wallet users in the gaming space, in March. Polygon overtook Hive to become the second most popular gaming chain after Wax, DappRadar recently reported.

The analysis shows that Wax still dominates the space in terms of wallet activity. With blockchain gaming accounting for a growing share of all DApp activity, Polygon’s success points to increasing competition in the space.

But what exactly draws blockchain gaming projects to certain platforms?

For starters, the ability to scale easily and without racking up hefty transaction fees is critical. Games developers in search of rich smart contract functionality and ample transaction processing capacity have found a welcome home in ecosystems built on Wax and Polygon and protocols.

Polygon Sees Surge in Activity

Thanks to a 53% monthly surge in daily active wallet users in the gaming space, in March. Polygon overtook Hive to become the second most popular gaming chain after Wax, DappRadar recently reported.

The analysis shows that Wax still dominates the space in terms of wallet activity. With blockchain gaming accounting for a growing share of all DApp activity, Polygon’s success points to increasing competition in the space....

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Trading Polygon (MATIC) Against Bitcoin (BTC): A Cautionary Tale for Traders

Polygon (MATIC) Price Uncertainty Could See it Struggle Against Bitcoin (BTC)

The Polygon (MATIC) price broke out from a short-term resistance line but has failed to initiate a significant rally.

MATIC is the native coin of the Polygon network, a layer-2 scaling solution for the Ethereum blockchain. The weekly time frame shows that the MATIC price has increased inside an ascending parallel channel since June 2022. Ascending parallel channels usually contain corrective patterns.

Moreover, the 2023 high of $1.57 was made very close to the confluence of resistance levels at $1.62, created by the following:

Trading Polygon (MATIC) Against Bitcoin (BTC): A Cautionary Tale for Traders

Polygon (MATIC) Price Uncertainty Could See it Struggle Against Bitcoin (BTC)

The Polygon (MATIC) price broke out from a short-term resistance line but has failed to initiate a significant rally....

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Polygon (MATIC) Beats Shiba Inu Among Top ETH Whales; Here’s Why As per the data provided by the WhaleStats, the biggest 100 Ethereum whales are going after the Polygon (MATIC) over the past day. Polygon (MATIC) is emerging as the most profitable token among the biggest 10 digital assets over the past 30 days. The largest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices have registered a surge of over 2% in the last 30 days, respectively. Meanwhile, Polygon price has spiked by a whopping 12% in the same period. Polygon Flips Shiba Inu As per the data provided by the WhaleStats, the biggest 100 Ethereum whales are going after the Polygon (MATIC) over the past day. MATIC has popped out as the most traded token among the largest whales. Polygon went on to flip Shiba Inu (SHIB) in order to gain the top spot. As we dig in, MATIC has outperformed the SHIB token to land on the tally of the most purchased crypto among the top 100 ETH whales in the last 24 hours. However, Polygon can also be found on the list of the most used smart contracts. Read More Polygon (MATIC) News Here… Data depicts that the biggest of the Ethereum whales went on the MATIC buying spree. They added around 6.82 million of Polygon (approx worth $8.5 million) in multiple transactions. However, the biggest transaction recorded by the tracker has been of adding 3.06 million MATIC (approx worth $3.8 million). It added that a whale named Beorn went on add $5.5 million of 4.1 million Polygon tokens. Read More: https://coingape.com/polygon-matic-beats-shiba-inu-among-eth-whales-heres-why/

Polygon (MATIC) Beats Shiba Inu Among Top ETH Whales; Here’s Why As per the data provided by the WhaleStats, the biggest 100 Ethereum whales are going after the Polygon (MATIC) over the past day. Polygon (MATIC) is emerging as the most profitable token among the biggest 10 digital assets over the past 30 days. The largest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices have registered a surge of over 2% in the last 30 days, respectively. Meanwhile, Polygon price has spiked by a whopping 12% in the same period. Polygon Flips Shiba Inu As per the data provided by the WhaleStats, t...

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MATIC Drops 6% as Polygon Labs Slashes Headcount by 20% As part of a larger consolidation first announced on January 11, Polygon Labs today announced it would be laying off 100 employees. Polygon Labs, the group of companies behind the eponymously-named blockchain network, announced it would be cutting its headcount by 20%, per a blog post. The 100 employees that have been laid off will receive three months of severance pay. "Earlier this year, we consolidated multiple business units under Polygon Labs. As part of this process, we’re sharing the difficult news that we’ve reduced our team by 20% impacting multiple teams and about 100 positions," read the post. Polygon is a proof-of-stake (PoS) crypto network, hosting a variety of decentralized finance (DeFi) and non-fungible token (NFTs) projects. The network's native MATIC token has dropped 6% over the past 24 hours, falling to around $1.40. The token is down over 50% from its all-time high of $2.92, set in December 2021. Polygon Labs vice president of communications and community Kurt Patat told Decrypt that "teams across Polygon Labs were impacted, but operations and marketing were impacted the most," adding that the project still plans "to continue operating at an extremely high level." Read More: https://decrypt.co/121820/polygon-labs-slashes-headcount-20-consolidation-process

MATIC Drops 6% as Polygon Labs Slashes Headcount by 20% As part of a larger consolidation first announced on January 11, Polygon Labs today announced it would be laying off 100 employees. Polygon Labs, the group of companies behind the eponymously-named blockchain network, announced it would be cutting its headcount by 20%, per a blog post. The 100 employees that have been laid off will receive three months of severance pay. "Earlier this year, we consolidated multiple business units under Polygon Labs. As part of this process, we’re sharing the difficult news that we’ve redu...

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MATIC Up 12%, Bloomberg's Senior Strategist Explains Why Polygon Is Superior Bloomberg senior macro strategist Mike McGlone has shared with the public a fresh outlook on the crypto market and its latest trends. In the report, McGlone argued, on the topic of Layer 2 solutions for Ethereum, that no protocol compares to the kind of network efficiency Polygon (MATIC) has brought to the table. The economist cites the fact that Polygon has become something of a beacon for blockchain developers, using cutting-edge zero-knowledge technology to ensure privacy and speed of transaction processing. Ethereum's largest DeFi platforms such as Aave and Uniswap are migrating to Polygon, and the total number of decentralized applications is more than three times that of its nearest L2 competitor and is almost half that of Ethereum itself, McGlone notes. With its development appeal, Polygon has also managed to become a brand of sorts for NFT and Web3, the economist goes on to say. More and more corporations from the outside world are willing to dive into the new digital economy, and if they do, it is more often Polygon that provides the springboard for them to do so. As was reported by U.Today, Coca-Cola, Reddit, Starbucks, Meta, among others, have onboarded on Web3 via Polygon over the past year. Read more on U.Today https://u.today/matic-up-12-bloombergs-senior-strategist-explains-why-polygon-is-superior

MATIC Up 12%, Bloomberg's Senior Strategist Explains Why Polygon Is Superior Bloomberg senior macro strategist Mike McGlone has shared with the public a fresh outlook on the crypto market and its latest trends. In the report, McGlone argued, on the topic of Layer 2 solutions for Ethereum, that no protocol compares to the kind of network efficiency Polygon (MATIC) has brought to the table. The economist cites the fact that Polygon has become something of a beacon for blockchain developers, using cutting-edge zero-knowledge technology to ensure privacy and speed of transaction process...

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MATIC Trader Turns $80K Into $4 Million as Polygon Ends Month Up 50% MATIC has been moving up as a zero-knowledge chain upgrade draws closer. While many cryptocurrencies have had a favorable run this month, Polygon’s native token appears poised to close out January as a notable standout. MATIC is up 19% in the past week to $1.19, according to data from CoinGecko, lifting gains for the token to upwards of 50% in January. This comes as the value of Bitcoin and Ethereum have increased nearly 44% and 38% in the past 30 days, respectively. At the time of writing, MATIC is the tenth-largest cryptocurrency by market capitalization, with a total value of $10.6 billion. Polygon is a sidechain that runs in tandem with Ethereum and seeks to improve on its counterpart by offering faster transactions and lower fees and serving as a platform for interoperable blockchains. Full Article: https://decrypt.co/120187/polygon-matic-whale-trades-4-million

MATIC Trader Turns $80K Into $4 Million as Polygon Ends Month Up 50% MATIC has been moving up as a zero-knowledge chain upgrade draws closer. While many cryptocurrencies have had a favorable run this month, Polygon’s native token appears poised to close out January as a notable standout. MATIC is up 19% in the past week to $1.19, according to data from CoinGecko, lifting gains for the token to upwards of 50% in January. This comes as the value of Bitcoin and Ethereum have increased nearly 44% and 38% in the past 30 days, respectively. At the time of writing, MATIC is the tenth-larg...

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Metaverse Crypto Project Skyrockets Over 100% in a Week As It Migrates to Polygon (MATIC) Network A virtual world crypto project is significantly outperforming the digital asset markets just as it migrates to Ethereum (ETH) layer-2 Polygon (MATIC). OrbCity (ORB) is a decentralized virtual world where users can explore and control their own cities using multiple tokens and NFTs (non-fungible tokens). Districts in major cities like Zurich, Cape Town or Bangkok can be purchased on NFT marketplace Opensea. At time of writing, one OrbCity neighborhood in San Francisco was last sold for 15 ETH, about $24,000. According to OrbCity, the project is partnered with many industry heavyweights, including Animoca Brands, OKX and Huobi. Originally built on the Klaytn (KLAY) blockchain, a public network designed for the metaverse, gaming and the creator economy, OrbCity has now migrated to Polygon. According to the project, holders of ORB, OrbCity’s native token, have already been migrated to the Ethereum scaling solution. Sandeep Nailwal, co-founder of Polygon, gave OrbCity a shout-out on Twitter to his 238,000 followers. Full Article: https://dailyhodl.com/2023/01/22/metaverse-crypto-project-skyrockets-over-100-in-a-week-as-it-migrates-to-polygon-matic-network/

Metaverse Crypto Project Skyrockets Over 100% in a Week As It Migrates to Polygon (MATIC) Network A virtual world crypto project is significantly outperforming the digital asset markets just as it migrates to Ethereum (ETH) layer-2 Polygon (MATIC). OrbCity (ORB) is a decentralized virtual world where users can explore and control their own cities using multiple tokens and NFTs (non-fungible tokens). Districts in major cities like Zurich, Cape Town or Bangkok can be purchased on NFT marketplace Opensea. At time of writing, one OrbCity neighborhood in San Francisco was last sold for 15...

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Polygon (MATIC) Bull Run as Final Testnet for Zero-Knowledge Rollups Approaches Polygon, the Ethereum layer-2 scaling solution, is currently conducting performance evaluations of its zero-knowledge roll-up technology prior to its official integration with the mainnet, as per a recent report. In October 2022, Polygon announced the launch of its zero knowledge-EVM public testnet, a scaling tool designed to facilitate lower-cost transactions on the Ethereum blockchain. The company hopes that the introduction of zero-knowledge (ZK) roll-up technology will make Polygon the leading scalable system for Ethereum. It had previously announced plans to launch the zkEVM public testnet over the summer at ETHCC in Paris, with a mainnet launch planned for early 2023. Full Article: https://www.tronweekly.com/polygon-matic-bull-run-final-testnet-zk-rollups/

Polygon (MATIC) Bull Run as Final Testnet for Zero-Knowledge Rollups Approaches Polygon, the Ethereum layer-2 scaling solution, is currently conducting performance evaluations of its zero-knowledge roll-up technology prior to its official integration with the mainnet, as per a recent report. In October 2022, Polygon announced the launch of its zero knowledge-EVM public testnet, a scaling tool designed to facilitate lower-cost transactions on the Ethereum blockchain. The company hopes that the introduction of zero-knowledge (ZK) roll-up technology will make Polygon the leading scalabl...

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Polygon sets a new record, but what is in store for MATIC? Polygon’s NFT OpenSea volume has achieved a new record in sales, reaching $324 million. MATIC showed signs of recovery and some of its metrics looked positive. This new year brought good news for Polygon [MATIC], which hinted that 2023 has a lot in store for the network. Vendible announced that it was launching the Ible City utility NFT Series IV on Polygon. Ible City is a collection of 16,000 land plots in Vendible’s virtual DAO, of which 7,000 have been sold out. Ible City NFTs are released as Cross-Network Fungible Tokens in six series over six networks. Read More: https://ambcrypto.com/polygon-sets-a-new-record-but-what-is-in-store-for-matic/

Polygon sets a new record, but what is in store for MATIC? Polygon’s NFT OpenSea volume has achieved a new record in sales, reaching $324 million. MATIC showed signs of recovery and some of its metrics looked positive. This new year brought good news for Polygon [MATIC], which hinted that 2023 has a lot in store for the network. Vendible announced that it was launching the Ible City utility NFT Series IV on Polygon. Ible City is a collection of 16,000 land plots in Vendible’s virtual DAO, of which 7,000 have been sold out. Ible City NFTs are released as Cross-Network Fungible Tokens...

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Polygon (MATIC) Launches New Accelerator Program, Orbeon Protocol (ORBN) Set To Further Increase Following 805% Surge Polygon (MATIC), a leading blockchain platform, has launched its new accelerator program. The program aims to support and accelerate the growth of innovative projects and startups within the Web3 Polygon ecosystem. Orbeon Protocol (ORBN), a blockchain-based investment platform, has seen a massive surge of 805% in its presale price. ORBN is currently approaching the halfway point of phase 3 of its presale; the project aims to solve issues faced by early-stage businesses raising capital and retail investors trying to get ahold of these early-stage investment opportunities. Polygon (MATIC) is a blockchain platform that offers a scalable and secure blockchain platform for the growing decentralized finance (DeFi) industry. Polygon employs the proof-of-stake consensus mechanism, which places a strong focus on providing developers with the resources and tools they need to design and execute decentralized programs (dApps). Polygon exists alongside the Ethereum blockchain but as a sidechain scaling solution that encourages fast transactions. MATIC, the network’s native coin, is used for fees, staking, and other uses. Full Article: https://www.analyticsinsight.net/polygon-matic-launches-new-accelerator-program-orbeon-protocol-orbn-set-to-further-increase-following-805-surge/

Polygon (MATIC) Launches New Accelerator Program, Orbeon Protocol (ORBN) Set To Further Increase Following 805% Surge Polygon (MATIC), a leading blockchain platform, has launched its new accelerator program. The program aims to support and accelerate the growth of innovative projects and startups within the Web3 Polygon ecosystem. Orbeon Protocol (ORBN), a blockchain-based investment platform, has seen a massive surge of 805% in its presale price. ORBN is currently approaching the halfway point of phase 3 of its presale; the project aims to solve issues faced by early-stage businesses ra...

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Top SOL NFT Collections Migrate to Polygon (MATIC), Solana Founder Reacts As became known, the two most popular NFT collections on Solana, y00ts and DeGods, will migrate to other blockchains in 2023. Thus, it has been officially announced that the next stop for digital art collections will be Ethereum and its Layer 2 solution, Polygon. An event that was talked about back in November, when Solana's connection with FTX caused the SOL price to drop by more than 60%, has created a lot of controversy. It especially, of course, hurt the large Solana NFT community. While there were no questions about Ethereum, rumors that Polygon had paid projects to migrate to its site emerged almost immediately. The co-founder of Solana Labs, Anatoly Yakovenko, took this event stoically and, commenting on the rumors that Polygon paid for the projects, jokingly suggested creating forks of SOL for grants from Fortune 500 companies, which is a ranking of the 500 largest corporations in the U.S. He also remarked that blockchain cannot do without drama. Read more on U.Today https://u.today/top-sol-nft-collections-migrate-to-polygon-matic-solana-founder-reacts

Top SOL NFT Collections Migrate to Polygon (MATIC), Solana Founder Reacts As became known, the two most popular NFT collections on Solana, y00ts and DeGods, will migrate to other blockchains in 2023. Thus, it has been officially announced that the next stop for digital art collections will be Ethereum and its Layer 2 solution, Polygon. An event that was talked about back in November, when Solana's connection with FTX caused the SOL price to drop by more than 60%, has created a lot of controversy. It especially, of course, hurt the large Solana NFT community. While there were no ques...

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