PolygonGrowth
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POLYGON ECOSYSTEM LEADS CRYPTO GROWTH WITH 1,000% SURGE
In the last 30 days, the crypto space has seen significant growth, with Polygon leading the way. The Polygon ecosystem saw a 1,019% surge in new addresses, driven by its scalability and low fees, making it a hub for dApps and token swaps.
Wrapped Ether (WETH) on Polygon grew by 263%, while LayerZero saw gains on Optimism (254%) and Arbitrum (219%). Stablecoins like USDC grew by 171% on Polygon and 125% on Arbitrum, with USDT rising 119%. DeFi tokens like PancakeSwap's CAKE (+150%) and FRAX (+129%) on Polygon also showed strong performance.
#MarketSentimentToday #Write2earn #Polygon #PolygonGrowth #LayerZero $POL $ZRO $ARB
In the last 30 days, the crypto space has seen significant growth, with Polygon leading the way. The Polygon ecosystem saw a 1,019% surge in new addresses, driven by its scalability and low fees, making it a hub for dApps and token swaps.
Wrapped Ether (WETH) on Polygon grew by 263%, while LayerZero saw gains on Optimism (254%) and Arbitrum (219%). Stablecoins like USDC grew by 171% on Polygon and 125% on Arbitrum, with USDT rising 119%. DeFi tokens like PancakeSwap's CAKE (+150%) and FRAX (+129%) on Polygon also showed strong performance.
#MarketSentimentToday #Write2earn #Polygon #PolygonGrowth #LayerZero $POL $ZRO $ARB
Web3 Insight: An expert calls DeeStream (DST) a blend of YouTube and crypto, captivating Solana ( $SOL ) & Polygon ( $MATIC ) holders. Its fusion of streaming and blockchain tech is why it's a hit among investors.
đđ„
#DeeStream #Web3 #Solana #PolygonGrowth #Write2Earn
đđ„
#DeeStream #Web3 #Solana #PolygonGrowth #Write2Earn
Immutable and Polygon Labs have partnered with VC firm King River Capital to launch the $100 million Inevitable Games Fund, a blockchain gaming investment fund.
#HotTrends #immutable #PolygonGrowth #gaming #polygon
#HotTrends #immutable #PolygonGrowth #gaming #polygon
$MANTA #TradeNTell
In the first 2 weeks of 2024, #đŁđŒđčđđŽđŒđ» NFT marketplaces averaged over $4.8M in daily volume.
#PolygonGrowth
In the first 2 weeks of 2024, #đŁđŒđčđđŽđŒđ» NFT marketplaces averaged over $4.8M in daily volume.
#PolygonGrowth
Polygon Labs has laid off 19% of its staff to enhance performance. Meanwhile, all spot Bitcoin (BTC) exchange-traded funds (ETFs) combined, except Grayscale Bitcoin Trust (GBTC), added 142,294 Bitcoin in total in January 2024, while Celsius, now from Chapter 11 bankruptcy in the United States, is set to start distributing $3 billion worth of crypto and fiat to creditors.Â
CEO Marc Boiron said the firm would let go of 60 people for enhanced performance. He described the layoffs as difficult, but necessary,â noting there were no financial motivations for the decision. As such, the CEO said each remaining employee would get a 15% pay hike. #Write2Earn #TrendingTopic #PolygonGrowth #MATICAnalysis
CEO Marc Boiron said the firm would let go of 60 people for enhanced performance. He described the layoffs as difficult, but necessary,â noting there were no financial motivations for the decision. As such, the CEO said each remaining employee would get a 15% pay hike. #Write2Earn #TrendingTopic #PolygonGrowth #MATICAnalysis
$MATIC CEX outflow $3.88M
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đšđą 5,000,000 #MATIC ($3.88M) transferred from #Binance to unknown
#PolygonGrowth
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đšđą 5,000,000 #MATIC ($3.88M) transferred from #Binance to unknown
#PolygonGrowth
đš NEW: Indiaâs Largest E-Commerce Platform, Flipkart, Embraces Web3 with Polygonâs Layer 2.
#cryptocurreny #BTC #PolygonFuture #PolygonGrowth
#cryptocurreny #BTC #PolygonFuture #PolygonGrowth
#PolygonGrowth polygon mathic best and biggest airdrop get free 3 polygon mathic daily instant withdrawal just join and connect wallet and complete missions easy #TwitterX #Discord #Telegram mission join now link first comment hip hip hurry đ„°đ„°
#Write2Earn $BTC $SOL $XRP chake first comment and follow for more
#Write2Earn $BTC $SOL $XRP chake first comment and follow for more
$674M is recovered by crypto protocols, Jupiter DEX memecoin frenzy: The future is now
Trading volumes on the Solana-based DEX Jupiter reached an impressive $480 million within a 24-hour period, surpassing Uniswap's leading position amid a surge in interest fueled by a new memecoin airdrop and increased stablecoin swaps. This week in the crypto space also witnessed significant developments:
1. Stolen Crypto Recovery:
- Blockchain security firm PeckShield reported that out of the $2.61 billion lost to hacks and scams in 2023, $674 million was successfully recovered from more than 600 large-scale hacks. This recovery amounted to 25% of the total crypto stolen, marking a 27.78% decrease compared to 2022.
2. Solana DEX Jupiter Dominance:
- Jupiter, a Solana-based DEX, outperformed Uniswap with a daily trading volume of $480 million, surpassing Ethereum-based Uniswap's combined trading volume of $470 million from both v2 and v3 protocols. This surge in trading activity was driven by a memecoin airdrop and heightened stablecoin swaps.
3. Polygon Labs' Regulatory Framework:
- Polygon Labs proposed a regulatory framework suggesting that neutral DeFi protocols be classified as "critical infrastructure" and subject to oversight by federal cybersecurity agencies in the United States. The framework, titled "A Conceptual Framework for Combating Illicit Finance Activity in Decentralized Finance," aims to establish regulatory guidelines.
4. SFC Warning on Floki Staking Programs:
- The Hong Kong Securities and Futures Commission (SFC) issued a warning about "Floki Staking Program" and "TokenFi Staking Program," affiliated with the Floki ecosystem. The SFC cautioned the public about the unauthorized staking services offering annualized returns ranging from 30% to over 100%.
5. DeFi Market Overview:
- Data from Cointelegraph Markets Pro and TradingView indicated a bullish week for DeFi's top 100 tokens by market capitalization. Most tokens traded positively on the weekly charts, reflecting the overall positive sentiment in the decentralized finance space.
These developments underscore the dynamic nature of the crypto and DeFi space, with both opportunities and risks prevailing. Stay tuned for more updates and insights into the evolving decentralized finance landscape.
$SOL $MATIC $JUP #Solana-SOL #PolygonGrowth #Jupiter(JUP)
Guys we need your support ! Just $1 tip for a galaxy of ideas. Your pocket change, our research game changer. Let's tip the scales together!đđ
1. Stolen Crypto Recovery:
- Blockchain security firm PeckShield reported that out of the $2.61 billion lost to hacks and scams in 2023, $674 million was successfully recovered from more than 600 large-scale hacks. This recovery amounted to 25% of the total crypto stolen, marking a 27.78% decrease compared to 2022.
2. Solana DEX Jupiter Dominance:
- Jupiter, a Solana-based DEX, outperformed Uniswap with a daily trading volume of $480 million, surpassing Ethereum-based Uniswap's combined trading volume of $470 million from both v2 and v3 protocols. This surge in trading activity was driven by a memecoin airdrop and heightened stablecoin swaps.
3. Polygon Labs' Regulatory Framework:
- Polygon Labs proposed a regulatory framework suggesting that neutral DeFi protocols be classified as "critical infrastructure" and subject to oversight by federal cybersecurity agencies in the United States. The framework, titled "A Conceptual Framework for Combating Illicit Finance Activity in Decentralized Finance," aims to establish regulatory guidelines.
4. SFC Warning on Floki Staking Programs:
- The Hong Kong Securities and Futures Commission (SFC) issued a warning about "Floki Staking Program" and "TokenFi Staking Program," affiliated with the Floki ecosystem. The SFC cautioned the public about the unauthorized staking services offering annualized returns ranging from 30% to over 100%.
5. DeFi Market Overview:
- Data from Cointelegraph Markets Pro and TradingView indicated a bullish week for DeFi's top 100 tokens by market capitalization. Most tokens traded positively on the weekly charts, reflecting the overall positive sentiment in the decentralized finance space.
These developments underscore the dynamic nature of the crypto and DeFi space, with both opportunities and risks prevailing. Stay tuned for more updates and insights into the evolving decentralized finance landscape.
$SOL $MATIC $JUP #Solana-SOL #PolygonGrowth #Jupiter(JUP)
Guys we need your support ! Just $1 tip for a galaxy of ideas. Your pocket change, our research game changer. Let's tip the scales together!đđ
Openfort, a gaming wallet, has integrated with Polygon's zkEVM and Polygon CDK, enhancing its smart wallet technology for a more intuitive blockchain user experience.
#openfort #PolygonGrowth #Polygon #TrendingTopic
#openfort #PolygonGrowth #Polygon #TrendingTopic
This Polygon-Based Crypto Project Is Redefining Astronomy With Blockchain #PolygonGrowth
We all had a curious fascination about the sky, stars and astronomy in general before we even knew what astronomy was. Even though ten or twenty years back the resources to get a better understanding about them were limited, itâs not the same case now.
From textbooks and newspapers, astronomy has moved into the realm of blockchain. StarChain is one such project that is achieving this with its latest features and platform.
The platform has numerous solutions and features, which we will shortly get to understand in this piece.
StarChain in a nutshell #starcoin
In simple terms, StarChain is a crypto platform that is entirely dedicated to doing extensive research of astronomy.
The mission of the project is to provide easy access to scientific data for everyone without any difficulties. To ensure that this happens, StarChain has leveraged blockchain and AI for the creation of a decentralized data repository.
Dubbed the StarChain DataStore, the repository is validated and interpreted by StarChain AI. This helps to eliminate the need to do time consuming data analysis.
Data uploaders are also offered with their native STRC token for the contributions that they offer to the project.
How does StarChain address the gaps in astronomy?
StarChain has its own set of solutions that helps to offset the current gaps in astronomy. These three solutions are crucial for the StarChain ecosystem as a whole.
$BTC
DataStore â StarChain DataStore is the decentralized data repository by the project. This is where the data from numerous sources are sourced and stored for easy access.
$ETH
StarChain DataStore has over a billion data points. The data has been aggregated from 11 major repositories.Whatâs even more interesting is that this data is 100% free for everyone.
$BNB
Moreover, StarChain DataStore is ERC20 compatible and easy to use. Also, the team has stored the data as well documented JSON APIs.
We all had a curious fascination about the sky, stars and astronomy in general before we even knew what astronomy was. Even though ten or twenty years back the resources to get a better understanding about them were limited, itâs not the same case now.
From textbooks and newspapers, astronomy has moved into the realm of blockchain. StarChain is one such project that is achieving this with its latest features and platform.
The platform has numerous solutions and features, which we will shortly get to understand in this piece.
StarChain in a nutshell #starcoin
In simple terms, StarChain is a crypto platform that is entirely dedicated to doing extensive research of astronomy.
The mission of the project is to provide easy access to scientific data for everyone without any difficulties. To ensure that this happens, StarChain has leveraged blockchain and AI for the creation of a decentralized data repository.
Dubbed the StarChain DataStore, the repository is validated and interpreted by StarChain AI. This helps to eliminate the need to do time consuming data analysis.
Data uploaders are also offered with their native STRC token for the contributions that they offer to the project.
How does StarChain address the gaps in astronomy?
StarChain has its own set of solutions that helps to offset the current gaps in astronomy. These three solutions are crucial for the StarChain ecosystem as a whole.
$BTC
DataStore â StarChain DataStore is the decentralized data repository by the project. This is where the data from numerous sources are sourced and stored for easy access.
$ETH
StarChain DataStore has over a billion data points. The data has been aggregated from 11 major repositories.Whatâs even more interesting is that this data is 100% free for everyone.
$BNB
Moreover, StarChain DataStore is ERC20 compatible and easy to use. Also, the team has stored the data as well documented JSON APIs.
During the initial fortnight of 2024, the daily volume of transactions on #Polygon NFT marketplaces exceeded an average of $4.8 million.
#BTC #PolygonGrowth #PolygonEvolution
#BTC #PolygonGrowth #PolygonEvolution
Technical analysis about the Polygon project
#HOTProtocol #PolygonGrowth #PolygonEvolution #hottrendingtopics
$MATIC
50-Day (MA):Â The 50-day moving average for MATIC is around $0.65, indicating a short-term bullish trend as the price is above this level. This suggests positive market sentiment and potential for further price increases.
200-Day (MA):Â The 200-day moving average is approximately $0.58, showing a longer-term upward trend. Maintaining above this level supports a bullish outlook for MATIC.
RSI (Relative Strength Index):Â The RSI for MATIC is around 60, approaching the overbought territory. This suggests room for further gains, but caution is needed as an RSI above 70 could indicate a potential price correction.
MACD (Moving Average Convergence Divergence):Â The MACD line is above the signal line, indicating a bullish trend and strong upward momentum.
Bollinger Bands:Â The price of MATIC is near the upper Bollinger Band, which could indicate a short-term overbought condition. A move above this band may signal increased volatility and continuation of the bullish trend, especially if supported by rising volumes.
$MATIC
50-Day (MA):Â The 50-day moving average for MATIC is around $0.65, indicating a short-term bullish trend as the price is above this level. This suggests positive market sentiment and potential for further price increases.
200-Day (MA):Â The 200-day moving average is approximately $0.58, showing a longer-term upward trend. Maintaining above this level supports a bullish outlook for MATIC.
RSI (Relative Strength Index):Â The RSI for MATIC is around 60, approaching the overbought territory. This suggests room for further gains, but caution is needed as an RSI above 70 could indicate a potential price correction.
MACD (Moving Average Convergence Divergence):Â The MACD line is above the signal line, indicating a bullish trend and strong upward momentum.
Bollinger Bands:Â The price of MATIC is near the upper Bollinger Band, which could indicate a short-term overbought condition. A move above this band may signal increased volatility and continuation of the bullish trend, especially if supported by rising volumes.
Polygon Struggles with Key Resistance Levels
In the past two months, Polygonâs price has consistently remained below the 100-day Exponential Moving Average (EMA), as illustrated by the blue line. This pattern underscores a bearish trend. The most recent significant effort to surpass the 100-day EMA took place on April 9th, but intense selling pressure thwarted this attempt, reinforcing the current bearish outlook.The Ichimoku Baseline, denoted by the red line, serves as a crucial support level. Although the price has approached this baseline multiple times, it has managed to stay above it, signifying solid buying interest at these levels.
Trading within the Ichimoku Cloud indicates heightened volatility for Polygon. The lower boundary of the cloud acts as a robust support level. A breakout within the cloud is anticipated to further amplify this volatility, and the 0.618 Fibonacci retracement level within the cloud stands as a pivotal resistance point.A smart contract, a self-executing contract with terms written directly into code, operates on blockchain networks such as Ethereum and Polygon.
#PolygonMATIC #PolygonEvolution #PolygonGrowth #PolygonEv #altcoins
In the past two months, Polygonâs price has consistently remained below the 100-day Exponential Moving Average (EMA), as illustrated by the blue line. This pattern underscores a bearish trend. The most recent significant effort to surpass the 100-day EMA took place on April 9th, but intense selling pressure thwarted this attempt, reinforcing the current bearish outlook.The Ichimoku Baseline, denoted by the red line, serves as a crucial support level. Although the price has approached this baseline multiple times, it has managed to stay above it, signifying solid buying interest at these levels.
Trading within the Ichimoku Cloud indicates heightened volatility for Polygon. The lower boundary of the cloud acts as a robust support level. A breakout within the cloud is anticipated to further amplify this volatility, and the 0.618 Fibonacci retracement level within the cloud stands as a pivotal resistance point.A smart contract, a self-executing contract with terms written directly into code, operates on blockchain networks such as Ethereum and Polygon.
#PolygonMATIC #PolygonEvolution #PolygonGrowth #PolygonEv #altcoins
đ The Potential Polygon (MATIC) Killer Expected to Surge 30x in 2024
The dynamic world of cryptocurrencies is witnessing an exciting shift, with innovative projects constantly challenging the status quo. Polygon (MATIC) has been a significant player, but the spotlight is now on Retik Finance (RETIK), projected to outperform MATIC with a staggering 30x surge in 2024.
Understanding Polygon (MATIC):
Often hailed as "Ethereumâs internet of blockchains," Polygon, initially launched as Matic Network in 2017, has been pivotal in connecting and scaling blockchain networks. It acts as a bridge on the Ethereum blockchain, enhancing flexibility, scalability, and sovereignty while maintaining Ethereum's security and structural benefits.
MATIC, the native token, functions as an ERC-20 token, ensuring compatibility with other Ethereum-based digital currencies. It governs and secures the Polygon network, facilitating transaction fee payments.
Current State of MATIC:
The MATIC token has traversed a nuanced trajectory, experiencing fluctuations since its all-time high in December 2021. Despite a dip in mid-2022, recent breakouts showcase resilience. As of now, MATIC is valued at $0.8537.
Retik Finance (RETIK): The Game-Changer:
Retik Finance emerges as a potential Polygon killer, positioning itself to surpass MATIC in 2024. Operating as a decentralized finance (DeFi) token, RETIK acts as a bridge between the crypto and fiat realms, revolutionizing transactions by seamlessly connecting traditional financial systems with the emerging crypto world.
Capabilities of Retik Finance:
Open and Scalable Consensus Protocols: Empowering global payments with decentralized smart contracts.Lightning Network Technology: Enabling real-time transactions.Extensive Cryptocurrency Payment Support: Adaptable across various scenarios.
đ For real-time insights into crypto trends and emerging projects, follow The Blockopedia. The future of finance is evolvingâbe part of the journey! đ
#PolygonGrowth #MATICđ„đ„ #crypto #cryptocurrency #crypto2023
The dynamic world of cryptocurrencies is witnessing an exciting shift, with innovative projects constantly challenging the status quo. Polygon (MATIC) has been a significant player, but the spotlight is now on Retik Finance (RETIK), projected to outperform MATIC with a staggering 30x surge in 2024.
Understanding Polygon (MATIC):
Often hailed as "Ethereumâs internet of blockchains," Polygon, initially launched as Matic Network in 2017, has been pivotal in connecting and scaling blockchain networks. It acts as a bridge on the Ethereum blockchain, enhancing flexibility, scalability, and sovereignty while maintaining Ethereum's security and structural benefits.
MATIC, the native token, functions as an ERC-20 token, ensuring compatibility with other Ethereum-based digital currencies. It governs and secures the Polygon network, facilitating transaction fee payments.
Current State of MATIC:
The MATIC token has traversed a nuanced trajectory, experiencing fluctuations since its all-time high in December 2021. Despite a dip in mid-2022, recent breakouts showcase resilience. As of now, MATIC is valued at $0.8537.
Retik Finance (RETIK): The Game-Changer:
Retik Finance emerges as a potential Polygon killer, positioning itself to surpass MATIC in 2024. Operating as a decentralized finance (DeFi) token, RETIK acts as a bridge between the crypto and fiat realms, revolutionizing transactions by seamlessly connecting traditional financial systems with the emerging crypto world.
Capabilities of Retik Finance:
Open and Scalable Consensus Protocols: Empowering global payments with decentralized smart contracts.Lightning Network Technology: Enabling real-time transactions.Extensive Cryptocurrency Payment Support: Adaptable across various scenarios.
đ For real-time insights into crypto trends and emerging projects, follow The Blockopedia. The future of finance is evolvingâbe part of the journey! đ
#PolygonGrowth #MATICđ„đ„ #crypto #cryptocurrency #crypto2023
Consider acquiring $MATIC before potential price increases. đ The current market conditions indicate a favorable opportunity. Act now to seize potential gains.
#CryptoPredictions2024 #Polygon #Matic #PolygonGrowth #MATIC/USDT $BNB $BTC
@BreakOut_Expert
#CryptoPredictions2024 #Polygon #Matic #PolygonGrowth #MATIC/USDT $BNB $BTC
@BreakOut_Expert
Azuro To Accelerate Development of On-Chain Prediction Apps Through New Initiative on Polygon PoS
This initiative brings Azuro and the Polygon community closer together to refine and enhance the value proposition for entrepreneurs leveraging their combined infrastructure solutions.
As an initial step, Azuro has agreed to launch a grants program aimed at supporting and fostering the creation of new applications leveraging Azuro on Polygon PoS.
This effort to provide financial and technical support to developers is designed to encourage innovation and expand the ecosystem of applications, driving the next wave of growth in on-chain prediction markets.
#BinanceTournament #ETHETFsApproved #AirdropGuide #PolygonGrowth
This initiative brings Azuro and the Polygon community closer together to refine and enhance the value proposition for entrepreneurs leveraging their combined infrastructure solutions.
As an initial step, Azuro has agreed to launch a grants program aimed at supporting and fostering the creation of new applications leveraging Azuro on Polygon PoS.
This effort to provide financial and technical support to developers is designed to encourage innovation and expand the ecosystem of applications, driving the next wave of growth in on-chain prediction markets.
#BinanceTournament #ETHETFsApproved #AirdropGuide #PolygonGrowth
$MATIC Updates
It is fundamentally strong COIN
Buy matic and hold
8-10$ is minimum targetđ§Č
patience is a key đ„
Some information about matic are given below:
MATIC is the native token of Polygon, a layer 2 scaling solution designed to build upon the Ethereum blockchain Âč ÂČ. It aims to create the blockchain infrastructure necessary to deploy and use Ethereum-based decentralized applications (DApps) at scale Âč. MATIC tokens can be traded on centralized crypto exchanges like Binance, BitVenus and Azbit
#MaticUSDC #MATICPricePrediction #PolygonGrowth
It is fundamentally strong COIN
Buy matic and hold
8-10$ is minimum targetđ§Č
patience is a key đ„
Some information about matic are given below:
MATIC is the native token of Polygon, a layer 2 scaling solution designed to build upon the Ethereum blockchain Âč ÂČ. It aims to create the blockchain infrastructure necessary to deploy and use Ethereum-based decentralized applications (DApps) at scale Âč. MATIC tokens can be traded on centralized crypto exchanges like Binance, BitVenus and Azbit
#MaticUSDC #MATICPricePrediction #PolygonGrowth
