PolygonMATIC
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Polygon is set to migrate from $MATIC to $POL in a 1:1 swap on Sept 4.
Token utility will be expanded as part of its #Polygon 2.0 roadmap.
#MATIC.USDT #PolygonMATIC #MATICUPDATE #MATIC✅ #MATIC✅.
Token utility will be expanded as part of its #Polygon 2.0 roadmap.
#MATIC.USDT #PolygonMATIC #MATICUPDATE #MATIC✅ #MATIC✅.
Polygon plans to migrate MATIC to POL token on Sept. 4.
#MATIC✅. #PolygonMATIC #indiaceyptotax #ETH_ETF_Approval_23July #BinanceTurns7
#MATIC✅. #PolygonMATIC #indiaceyptotax #ETH_ETF_Approval_23July #BinanceTurns7
⚠️Crypto hack in India..Details and Impact
#shiba⚡ #ETH🔥🔥🔥🔥 #PolygonMATIC
(SHIB): 5.4 trillion tokens (approximately $100 million)
Ether (ETH): $52 million
Polygon (MATIC): $11 million
Floki (FLOKI): $4.7 million
Fantom (FTM): $3.2 million
Chainlink (LINK): $2.8 million
Fetch.ai (FET): $2.3 million
The hack has contributed to volatility in the cryptocurrency market, as it highlights the risks associated with cryptocurrency trading.
Financial losses:
Over $230 million in digital assets were stolen from WazirX, including a significant amount of Shiba Inu tokens (around $100 million worth). This represents a substantial loss for the exchange and its users.
Reputational damage:
The hack has damaged WazirX's reputation and raised concerns about the security of its platform. This could lead users to move their business to other exchanges.
Increased scrutiny:
The hack comes at a time when the Indian government is already scrutinizing the cryptocurrency industry. This event is likely to intensify calls for stricter regulations.
$SHIB
$ETH
$MATIC
#shiba⚡ #ETH🔥🔥🔥🔥 #PolygonMATIC
(SHIB): 5.4 trillion tokens (approximately $100 million)
Ether (ETH): $52 million
Polygon (MATIC): $11 million
Floki (FLOKI): $4.7 million
Fantom (FTM): $3.2 million
Chainlink (LINK): $2.8 million
Fetch.ai (FET): $2.3 million
The hack has contributed to volatility in the cryptocurrency market, as it highlights the risks associated with cryptocurrency trading.
Financial losses:
Over $230 million in digital assets were stolen from WazirX, including a significant amount of Shiba Inu tokens (around $100 million worth). This represents a substantial loss for the exchange and its users.
Reputational damage:
The hack has damaged WazirX's reputation and raised concerns about the security of its platform. This could lead users to move their business to other exchanges.
Increased scrutiny:
The hack comes at a time when the Indian government is already scrutinizing the cryptocurrency industry. This event is likely to intensify calls for stricter regulations.
$SHIB
$ETH
$MATIC
🚨 JUST IN: #ton_blockchain team has announced the launch of their new layer-2 network: TON Applications Chain (TAC), utilizing #PolygonMATIC technology.
$MATIC
$MATIC
🌐 Google Cloud Joins Polygon as Validator for Proof-of-Stake Sidechain Polygon (MATIC) has announced that Google Cloud has officially become a validator for Polygon's proof-of-stake sidechain. Google Cloud currently has approximately $5,300 worth of MATIC staked, according to Polygon's official staking dashboard. This development coincides with Polygon's shift toward a Validium-based system that supports zero-knowledge proofs (zk), and Google Cloud's involvement in Validium may influence Polygon's transition to this technology. As of CoinMarketCap data, MATIC is presently trading at $0.5232, reflecting a 0.51% increase. 🌐💼 #PolygonMATIC #GoogleCloudValidator
JUST IN 🔥
I Mapped the Top Layer 2 Solutions on Ethereum! While some layers 2 solutions have gained significant traction and are poised for further growth, others face challenges and uncertainties that need to be addressed!
🌟 Stars: Matic (Polygon) & Optimism are leading the charge with scalable solutions, reducing costs & congestion
❓ Question marks: Arbitrum shows promise but faces competition & early adoption challenges
💰 Cash cows: StarkNet, powered by StarkWare, promises innovative tech & strong backing, poised for market dominance
🐕 Dogs: Immutable X (IMX) struggles in the NFT ecosystem, facing hurdles to gain traction
Would you have placed them differently? 🤔 $OP $STRK $MATIC
#Layer2 #Optimisim #PolygonMATIC #StarknetUpdate #ImmutableX
I Mapped the Top Layer 2 Solutions on Ethereum! While some layers 2 solutions have gained significant traction and are poised for further growth, others face challenges and uncertainties that need to be addressed!
🌟 Stars: Matic (Polygon) & Optimism are leading the charge with scalable solutions, reducing costs & congestion
❓ Question marks: Arbitrum shows promise but faces competition & early adoption challenges
💰 Cash cows: StarkNet, powered by StarkWare, promises innovative tech & strong backing, poised for market dominance
🐕 Dogs: Immutable X (IMX) struggles in the NFT ecosystem, facing hurdles to gain traction
Would you have placed them differently? 🤔 $OP $STRK $MATIC
#Layer2 #Optimisim #PolygonMATIC #StarknetUpdate #ImmutableX
⚡️Coin of the day by social activity - @0xPolygon $MATIC
5 November 2023
#PolygonMATIC $MATIC is a scaling solution for public blockchain networks. Polygon PoS chain supports all the existing #Ethereum tooling along with faster and cheaper transactions.
#MATIC/USDT #IluPredictor #BinanceSquareTalks #dyor
5 November 2023
#PolygonMATIC $MATIC is a scaling solution for public blockchain networks. Polygon PoS chain supports all the existing #Ethereum tooling along with faster and cheaper transactions.
#MATIC/USDT #IluPredictor #BinanceSquareTalks #dyor
📉📈 Analyse de Prix pour Polygon (MATIC) : Perspectives Contrastées 🔄🚀
Polygon (MATIC) a récemment subi une baisse de 5,73 % par rapport au dollar américain, sous-performant le marché global des cryptomonnaies enregistrant une baisse de 3,48 % de la capitalisation boursière totale. Malgré cette tendance négative, les prévisions de prix pour Polygon suggèrent une augmentation de 18,11 % au cours des cinq prochains jours, visant un prix de 1,03 $ d'ici le 18 janvier 2024.
📆 Prévision à Court Terme : 18,11 % d'Augmentation d'Ici 5 Jours 🚀
La projection optimiste pour Polygon prévoit une remontée de 18,11 % dans les cinq prochains jours, atteignant 1,03 $. Cependant, il est essentiel de rester vigilant, car le marché des cryptomonnaies peut être volatil et imprévisible.
📅 Perspectives à Long Terme : -3,96 % au Cours de l'Année Écoulée 📉
Malgré les gains anticipés à court terme, la performance de Polygon au cours de l'année écoulée a enregistré une variation de prix négative de -3,96 %. Ceci suggère une tendance baissière à plus long terme.
📊 Sentiment du Marché : Haussier avec un Indice Fear & Greed à 64 (Creed) 🤔
Le sentiment actuel du marché pour Polygon est haussier, avec un indice Fear & Greed à 64 (Creed), indiquant l'optimisme des investisseurs en crypto-monnaie.
📈 Niveaux Clés de Support et de Résistance :
- Niveaux de Support : 0,825056 $, 0,784827 $, 0,725549 $
- Niveaux de Résistance : 0,924563 $, 0,983841 $, 1,02 $
Compte tenu de la nature imprévisible du marché des cryptomonnaies, il est essentiel de surveiller de près le sentiment du marché, les niveaux de support et de résistance, ainsi que d'autres indicateurs avant de prendre des décisions d'investissement. Restez informé pour des choix éclairés ! 🌐💡 #PolygonMATIC #CryptoAnalysis #MarketInsights
Polygon (MATIC) a récemment subi une baisse de 5,73 % par rapport au dollar américain, sous-performant le marché global des cryptomonnaies enregistrant une baisse de 3,48 % de la capitalisation boursière totale. Malgré cette tendance négative, les prévisions de prix pour Polygon suggèrent une augmentation de 18,11 % au cours des cinq prochains jours, visant un prix de 1,03 $ d'ici le 18 janvier 2024.
📆 Prévision à Court Terme : 18,11 % d'Augmentation d'Ici 5 Jours 🚀
La projection optimiste pour Polygon prévoit une remontée de 18,11 % dans les cinq prochains jours, atteignant 1,03 $. Cependant, il est essentiel de rester vigilant, car le marché des cryptomonnaies peut être volatil et imprévisible.
📅 Perspectives à Long Terme : -3,96 % au Cours de l'Année Écoulée 📉
Malgré les gains anticipés à court terme, la performance de Polygon au cours de l'année écoulée a enregistré une variation de prix négative de -3,96 %. Ceci suggère une tendance baissière à plus long terme.
📊 Sentiment du Marché : Haussier avec un Indice Fear & Greed à 64 (Creed) 🤔
Le sentiment actuel du marché pour Polygon est haussier, avec un indice Fear & Greed à 64 (Creed), indiquant l'optimisme des investisseurs en crypto-monnaie.
📈 Niveaux Clés de Support et de Résistance :
- Niveaux de Support : 0,825056 $, 0,784827 $, 0,725549 $
- Niveaux de Résistance : 0,924563 $, 0,983841 $, 1,02 $
Compte tenu de la nature imprévisible du marché des cryptomonnaies, il est essentiel de surveiller de près le sentiment du marché, les niveaux de support et de résistance, ainsi que d'autres indicateurs avant de prendre des décisions d'investissement. Restez informé pour des choix éclairés ! 🌐💡 #PolygonMATIC #CryptoAnalysis #MarketInsights
🔥"Polygon vs. Arbitrum: Who's Winning the Ethereum Speed Race?
What's up, Binance Square? Linkan here, and we're diving into the latest on Polygon ($MATIC ) and Arbitrum ($ARB ) – the two hotshots making Ethereum run like the wind. 🌪️ Let's break down their latest moves and see who's inching ahead in this epic showdown.
Polygon (MATIC): The Speedster's New Gear 🛠️
Polygon's been busy upgrading Ethereum's engine. Their latest tool, zkEVM, is like a turbocharger for Ethereum's speed and cost. This tech is getting thumbs up from the crypto world, pushing MATIC's price to $0.663. That's an 18% jump in just a month – talk about a speed boost!
Arbitrum (ARB): The Dark Horse Picking Up Pace 🐎
Arbitrum's not just keeping pace; it's a dark horse that's been quietly picking up speed. With its Orbit project, it's giving developers a whole new playground to build faster and smarter apps. ARB's price hike of 14% this month, reaching $0.996, shows that it's got the crypto crowd's attention.
The Head-to-Head Race 🏁
Both Polygon and Arbitrum are neck and neck, pushing the limits of Ethereum's speed. They're both gaining fans and their prices are climbing, thanks to their solid tech upgrades. But the big question is, which one will be Ethereum's ultimate speed king?
#PolygonMATIC #ArbitrumARB #Layer2 #CryptoSpeed #BinanceBuzz
Remember, this isn't financial advice. It's just me, Linkan, keeping you in the loop with the crypto race.
👍 Got a favorite in this race? Hit like, share your thoughts in the comments, or tip to join the Binance Square debate! Let's get everyone talking about crypto's next big leap! 🚀
What's up, Binance Square? Linkan here, and we're diving into the latest on Polygon ($MATIC ) and Arbitrum ($ARB ) – the two hotshots making Ethereum run like the wind. 🌪️ Let's break down their latest moves and see who's inching ahead in this epic showdown.
Polygon (MATIC): The Speedster's New Gear 🛠️
Polygon's been busy upgrading Ethereum's engine. Their latest tool, zkEVM, is like a turbocharger for Ethereum's speed and cost. This tech is getting thumbs up from the crypto world, pushing MATIC's price to $0.663. That's an 18% jump in just a month – talk about a speed boost!
Arbitrum (ARB): The Dark Horse Picking Up Pace 🐎
Arbitrum's not just keeping pace; it's a dark horse that's been quietly picking up speed. With its Orbit project, it's giving developers a whole new playground to build faster and smarter apps. ARB's price hike of 14% this month, reaching $0.996, shows that it's got the crypto crowd's attention.
The Head-to-Head Race 🏁
Both Polygon and Arbitrum are neck and neck, pushing the limits of Ethereum's speed. They're both gaining fans and their prices are climbing, thanks to their solid tech upgrades. But the big question is, which one will be Ethereum's ultimate speed king?
#PolygonMATIC #ArbitrumARB #Layer2 #CryptoSpeed #BinanceBuzz
Remember, this isn't financial advice. It's just me, Linkan, keeping you in the loop with the crypto race.
👍 Got a favorite in this race? Hit like, share your thoughts in the comments, or tip to join the Binance Square debate! Let's get everyone talking about crypto's next big leap! 🚀
Polygon
$MATIC
🚀🔥 I would like to introduce my favorite crypto from my portfolio. 💰
Why did I buy it?
So the answer is very simple. Polygon is carbon neutral, climate positive and Ethereum scalability while maintaining security with the first ZK-rollup. In the past couple of years, Polygon emerged as the leading Ethereum layer 2 solution, facilitating various payment, non-fungible token (NFT), and DeFi-focused services.
And why do I believe in it?
You can see it a trading charts it is a rising period. This shows that investors over time have bought the currency at higher prices and indicates good development for the currency.
And what are pros saying?
I'm just sharing, what I read in Coincodex.
"Polygon is currently 13th on the list of largest cryptos in terms of market cap, and it could easily climb even higher on the list if it continues to innovate. While some worry that L2s solutions might become obsolete as Ethereum’s scalability increases, Vitalik Buterin himself recently said that L2s are a crucial part of the Ethereum ecosystem and are here to stay."
Come on Polygon, let's rock.
THIS IS NOT FINANCIAL ADVICE, I just share my journey in crypto world
#PolygonGrowth #PolygonEvolution #PolygonMATIC #PolygonVentures #trading
🚀🔥 I would like to introduce my favorite crypto from my portfolio. 💰
Why did I buy it?
So the answer is very simple. Polygon is carbon neutral, climate positive and Ethereum scalability while maintaining security with the first ZK-rollup. In the past couple of years, Polygon emerged as the leading Ethereum layer 2 solution, facilitating various payment, non-fungible token (NFT), and DeFi-focused services.
And why do I believe in it?
You can see it a trading charts it is a rising period. This shows that investors over time have bought the currency at higher prices and indicates good development for the currency.
And what are pros saying?
I'm just sharing, what I read in Coincodex.
"Polygon is currently 13th on the list of largest cryptos in terms of market cap, and it could easily climb even higher on the list if it continues to innovate. While some worry that L2s solutions might become obsolete as Ethereum’s scalability increases, Vitalik Buterin himself recently said that L2s are a crucial part of the Ethereum ecosystem and are here to stay."
Come on Polygon, let's rock.
THIS IS NOT FINANCIAL ADVICE, I just share my journey in crypto world
#PolygonGrowth #PolygonEvolution #PolygonMATIC #PolygonVentures #trading
#MATİC I made a post earlier about #MATIC/USDT⚡
Why MATIC doesn't pump?
Look at this chart of MATIC/ETH, it has lost 20% of value in last few months provided that MATIC has lower market cap
There is a growing trend of Institutional investor leaving #PolygonMATIC and moving to #Arbitrum: & #Optimisim
Why MATIC doesn't pump?
Look at this chart of MATIC/ETH, it has lost 20% of value in last few months provided that MATIC has lower market cap
There is a growing trend of Institutional investor leaving #PolygonMATIC and moving to #Arbitrum: & #Optimisim
Is Now Polygon's (MATIC) Golden Hour? Unpacking the Accumulation Phase
Polygon (MATIC) price faced a significant decline over the past 48 hours, bringing its two-week-long drawdown to a potential halt.
From here, the likely outcome will be an uptrend, making MATIC a rather profitable addition to portfolios.
Polygon Investors Bullish?
MATIC price under $0.900 is the first such instance since mid-February. The cryptocurrency marked a high of $1.26 in mid-March and since then has been engaged in a decline. This has resulted in the altcoin losing its value to the point where it seems like a rather good option to accumulate.
The Market Value evinces this to the Realized Value (MVRV) ratio as well. The MVRV ratio tracks investor gains/losses. Polygon’s 30-day MVRV, now at -14.75%, indicates losses, possibly prompting accumulation. Historically, MATIC within -5% to -15% MVRV often precedes rallies, terming this area as an opportunity zone.
Given that the price is declining right now, 42% of investors will refrain from selling their holdings at a lower price than Polygon. This will give accumulators an opportunity to witness some upside, consequently pushing Polygon’s price upwards.
MATIC Price Prediction: Recovery Awaits:-
If Polygon investors make their next move bullish instead of bearish, the likely outcome will be a rise in MATIC price. Trading above the $0.88 support level, in confluence with the 100-day EMA, the altcoin will potentially bounce off from here to reclaim the $0.92 resistance.
This price level has been tested as support multiple times in the past and would serve as a boost to the Polygon token to breach the $1.0 price point.
However, if the $0.88 support is lost, the altcoin could slip to $0.81, and falling through this level would invalidate the bullish thesis, leaving MATIC vulnerable to losing $0.80.
#PolygonMATIC #MATIC✅ #MATICUPDATE #Memecoins #BinanceLaunchpool
Polygon (MATIC) price faced a significant decline over the past 48 hours, bringing its two-week-long drawdown to a potential halt.
From here, the likely outcome will be an uptrend, making MATIC a rather profitable addition to portfolios.
Polygon Investors Bullish?
MATIC price under $0.900 is the first such instance since mid-February. The cryptocurrency marked a high of $1.26 in mid-March and since then has been engaged in a decline. This has resulted in the altcoin losing its value to the point where it seems like a rather good option to accumulate.
The Market Value evinces this to the Realized Value (MVRV) ratio as well. The MVRV ratio tracks investor gains/losses. Polygon’s 30-day MVRV, now at -14.75%, indicates losses, possibly prompting accumulation. Historically, MATIC within -5% to -15% MVRV often precedes rallies, terming this area as an opportunity zone.
Given that the price is declining right now, 42% of investors will refrain from selling their holdings at a lower price than Polygon. This will give accumulators an opportunity to witness some upside, consequently pushing Polygon’s price upwards.
MATIC Price Prediction: Recovery Awaits:-
If Polygon investors make their next move bullish instead of bearish, the likely outcome will be a rise in MATIC price. Trading above the $0.88 support level, in confluence with the 100-day EMA, the altcoin will potentially bounce off from here to reclaim the $0.92 resistance.
This price level has been tested as support multiple times in the past and would serve as a boost to the Polygon token to breach the $1.0 price point.
However, if the $0.88 support is lost, the altcoin could slip to $0.81, and falling through this level would invalidate the bullish thesis, leaving MATIC vulnerable to losing $0.80.
#PolygonMATIC #MATIC✅ #MATICUPDATE #Memecoins #BinanceLaunchpool
$MATIC
currently the price of matic is 1.015
we can see that matic is on the
support zone. we can Enter in matic
at this level. if matic broke this support
then we can do second Entry at
the next support of 0.96
#MATICAnalysis #MATIC🔥🔥 #Maticusdt #PolygonMATIC #DYOR🟢 @MU_Traders
currently the price of matic is 1.015
we can see that matic is on the
support zone. we can Enter in matic
at this level. if matic broke this support
then we can do second Entry at
the next support of 0.96
#MATICAnalysis #MATIC🔥🔥 #Maticusdt #PolygonMATIC #DYOR🟢 @MU_Traders
Why Solana (SOL), Polygon (MATIC) and Fantom (FTM) Will Surpass Ethereum and Skyrocket in Price
📈Ethereum has long been the dominant platform for decentralized applications (dApps) and smart contracts. However, rising gas fees and scalability issues have opened the door for other blockchain projects to step in. Among these, Solana ( $SOL ), Polygon ( $MATIC ), and Fantom ( $FTM ) are emerging as strong contenders. Here’s why these three cryptos are the most likely to replace Ethereum and are set to surge in value📈
🌞Solana (SOL): The High-Performance Contender
Solana has been making headlines for its high throughput and low transaction costs, positioning it as a formidable competitor to Ethereum.
Superior Scalability and Speed: Solana's blockchain can handle up to 65,000 transactions per second (TPS) with block times of around 400 milliseconds. This incredible speed is achieved through its unique Proof of History (PoH) consensus mechanism, which optimizes the process of transaction validation and ensures minimal delays.Lower Transaction Costs: One of the biggest pain points for Ethereum users is high gas fees. Solana addresses this with transaction fees that are typically less than a cent, making it highly attractive for developers and users alike.Strong Ecosystem Growth: Solana’s ecosystem is rapidly expanding with a growing number of dApps, decentralized finance (DeFi) projects, and NFTs. Notable projects include Serum (a decentralized exchange) and Audius (a decentralized music streaming service). This vibrant ecosystem increases the utility and demand for SOL.Backing from Major Investors: Solana has received substantial backing from influential investors and firms like Alameda Research and Andreessen Horowitz. This support not only provides financial stability but also fosters confidence among developers and users.
🎆Polygon (MATIC): Ethereum's Layer 2 Savior
Polygon, formerly known as Matic Network, is a Layer 2 scaling solution for Ethereum that enhances the network's scalability and usability.
Seamless Ethereum Integration: Polygon operates alongside Ethereum, providing Layer 2 scaling solutions that improve transaction speed and reduce costs without compromising security. This compatibility makes it easier for existing Ethereum dApps to integrate with Polygon, enhancing their performance.Growing Adoption: Polygon has seen widespread adoption with numerous projects migrating to its platform to escape high Ethereum gas fees. Major DeFi platforms like Aave and Sushiswap have integrated with Polygon, driving significant user traffic and liquidity to the network.Developer-Friendly Environment: Polygon offers a comprehensive framework for building and connecting Ethereum-compatible blockchain networks. This developer-friendly approach has attracted a large number of projects and developers, further boosting its ecosystem.Strategic Partnerships: Polygon has formed strategic partnerships with various blockchain projects and companies, including Chainlink, Decentraland, and Google Cloud. These alliances help enhance its functionality and broaden its reach, making MATIC more valuable.
💠Fantom (FTM): The Fast and Affordable Smart Contract Platform
Fantom is gaining attention for its high performance, low-cost transactions, and compatibility with Ethereum's Virtual Machine (EVM).
High Speed and Low Fees: Fantom’s Lachesis consensus algorithm enables the network to process thousands of transactions per second with near-instant finality and minimal fees. This makes it highly efficient and user-friendly, especially for DeFi applications.EVM Compatibility: Fantom is fully compatible with Ethereum, allowing developers to deploy their Ethereum dApps on Fantom with minimal adjustments. This interoperability provides a seamless experience for developers looking to leverage Fantom’s advantages while retaining Ethereum’s robust ecosystem.Robust DeFi Ecosystem: Fantom has built a strong DeFi ecosystem with projects like SpookySwap, SpiritSwap, and Scream. These platforms contribute to high on-chain activity and liquidity, driving up demand for FTM.Government and Institutional Partnerships: Fantom has secured partnerships with several governments and institutions for blockchain-based solutions in supply chain management, healthcare, and more. These collaborations not only validate Fantom’s technology but also open up new avenues for adoption and growth.
💡Conclusion
✅Solana (SOL), Polygon (MATIC), and Fantom (FTM) are well-positioned to challenge Ethereum’s dominance in the blockchain space. Their superior scalability, lower transaction costs, robust ecosystems, and strategic partnerships make them strong candidates for future growth. As these networks continue to develop and attract more projects, the demand for SOL, MATIC, and FTM is likely to increase, driving their prices higher. Investors looking for promising alternatives to Ethereum should closely monitor these three cryptocurrencies, as they have the potential to deliver substantial returns in the coming years📈
#SolanaStrong #PolygonMATIC #FTM #Altcoinseason2024 #altcoins 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
🌞Solana (SOL): The High-Performance Contender
Solana has been making headlines for its high throughput and low transaction costs, positioning it as a formidable competitor to Ethereum.
Superior Scalability and Speed: Solana's blockchain can handle up to 65,000 transactions per second (TPS) with block times of around 400 milliseconds. This incredible speed is achieved through its unique Proof of History (PoH) consensus mechanism, which optimizes the process of transaction validation and ensures minimal delays.Lower Transaction Costs: One of the biggest pain points for Ethereum users is high gas fees. Solana addresses this with transaction fees that are typically less than a cent, making it highly attractive for developers and users alike.Strong Ecosystem Growth: Solana’s ecosystem is rapidly expanding with a growing number of dApps, decentralized finance (DeFi) projects, and NFTs. Notable projects include Serum (a decentralized exchange) and Audius (a decentralized music streaming service). This vibrant ecosystem increases the utility and demand for SOL.Backing from Major Investors: Solana has received substantial backing from influential investors and firms like Alameda Research and Andreessen Horowitz. This support not only provides financial stability but also fosters confidence among developers and users.
🎆Polygon (MATIC): Ethereum's Layer 2 Savior
Polygon, formerly known as Matic Network, is a Layer 2 scaling solution for Ethereum that enhances the network's scalability and usability.
Seamless Ethereum Integration: Polygon operates alongside Ethereum, providing Layer 2 scaling solutions that improve transaction speed and reduce costs without compromising security. This compatibility makes it easier for existing Ethereum dApps to integrate with Polygon, enhancing their performance.Growing Adoption: Polygon has seen widespread adoption with numerous projects migrating to its platform to escape high Ethereum gas fees. Major DeFi platforms like Aave and Sushiswap have integrated with Polygon, driving significant user traffic and liquidity to the network.Developer-Friendly Environment: Polygon offers a comprehensive framework for building and connecting Ethereum-compatible blockchain networks. This developer-friendly approach has attracted a large number of projects and developers, further boosting its ecosystem.Strategic Partnerships: Polygon has formed strategic partnerships with various blockchain projects and companies, including Chainlink, Decentraland, and Google Cloud. These alliances help enhance its functionality and broaden its reach, making MATIC more valuable.
💠Fantom (FTM): The Fast and Affordable Smart Contract Platform
Fantom is gaining attention for its high performance, low-cost transactions, and compatibility with Ethereum's Virtual Machine (EVM).
High Speed and Low Fees: Fantom’s Lachesis consensus algorithm enables the network to process thousands of transactions per second with near-instant finality and minimal fees. This makes it highly efficient and user-friendly, especially for DeFi applications.EVM Compatibility: Fantom is fully compatible with Ethereum, allowing developers to deploy their Ethereum dApps on Fantom with minimal adjustments. This interoperability provides a seamless experience for developers looking to leverage Fantom’s advantages while retaining Ethereum’s robust ecosystem.Robust DeFi Ecosystem: Fantom has built a strong DeFi ecosystem with projects like SpookySwap, SpiritSwap, and Scream. These platforms contribute to high on-chain activity and liquidity, driving up demand for FTM.Government and Institutional Partnerships: Fantom has secured partnerships with several governments and institutions for blockchain-based solutions in supply chain management, healthcare, and more. These collaborations not only validate Fantom’s technology but also open up new avenues for adoption and growth.
💡Conclusion
✅Solana (SOL), Polygon (MATIC), and Fantom (FTM) are well-positioned to challenge Ethereum’s dominance in the blockchain space. Their superior scalability, lower transaction costs, robust ecosystems, and strategic partnerships make them strong candidates for future growth. As these networks continue to develop and attract more projects, the demand for SOL, MATIC, and FTM is likely to increase, driving their prices higher. Investors looking for promising alternatives to Ethereum should closely monitor these three cryptocurrencies, as they have the potential to deliver substantial returns in the coming years📈
#SolanaStrong #PolygonMATIC #FTM #Altcoinseason2024 #altcoins 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
🚀 𝗣𝗼𝗹𝘆𝗴𝗼𝗻 (𝗠𝗔𝗧𝗜𝗖) 𝗣𝗿𝗶𝗰𝗲 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗥𝗲𝗺𝗮𝗶𝗻𝗱𝗲𝗿 𝗼𝗳 𝟮𝟬𝟮𝟯! 🚀
Polygon (MATIC) has been on a remarkable journey in November, witnessing a steady and significant increase in its price. It surged from $0.62 to break through the $0.70 barrier, currently resting at $0.77. 📈🔥
While predictions of MATIC crossing the $1 mark in 2023 may be somewhat optimistic, the cryptocurrency has shown a remarkable recovery after a somewhat challenging October. 🌟💪
What's In Store For MATIC?
Last week, MATIC began showing positive signs, trading above $0.60 and the 100 simple moving average (4 hours), eventually reaching $0.74. It briefly touched $0.77, a level not seen since July 2023, fueling considerable optimism. 🎉📊
As the year ends, analysts hint at MATIC's potential to reach the coveted $1 mark in 2023. 🚀🌕
Polygon (MATIC) Price Analysis: A Stellar Recovery?
Following a double bottom reversal, MATIC's upward trajectory looks set to continue. It's now trading around $0.76 with nearly 3% intra-day growth, indicating strong bullish momentum. The possibility of a golden crossover (short-term moving average crossing over a long-term moving average to the upside) further supports this upward trend. 📈💫
Moreover, the potential launch of a layer-2 blockchain on Polygon by Kraken has added to the bullish sentiment. 🌐🚀
So, can MATIC sustain its current levels and remain above $0.75? With increased trading volume and bullish indicators, MATIC's uptrend seems likely to continue. If it surpasses $0.85, the $1 mark could be within reach. However, a reversal below $0.75 may see it drop to $0.55 if buyers lose dominance at $0.60. 📈🔮
Disclaimer: This article is provided for informational purposes only and should not be considered as financial advice. 💼💡
$MATIC #PolygonMATIC #MATIC #BullRun
Polygon (MATIC) has been on a remarkable journey in November, witnessing a steady and significant increase in its price. It surged from $0.62 to break through the $0.70 barrier, currently resting at $0.77. 📈🔥
While predictions of MATIC crossing the $1 mark in 2023 may be somewhat optimistic, the cryptocurrency has shown a remarkable recovery after a somewhat challenging October. 🌟💪
What's In Store For MATIC?
Last week, MATIC began showing positive signs, trading above $0.60 and the 100 simple moving average (4 hours), eventually reaching $0.74. It briefly touched $0.77, a level not seen since July 2023, fueling considerable optimism. 🎉📊
As the year ends, analysts hint at MATIC's potential to reach the coveted $1 mark in 2023. 🚀🌕
Polygon (MATIC) Price Analysis: A Stellar Recovery?
Following a double bottom reversal, MATIC's upward trajectory looks set to continue. It's now trading around $0.76 with nearly 3% intra-day growth, indicating strong bullish momentum. The possibility of a golden crossover (short-term moving average crossing over a long-term moving average to the upside) further supports this upward trend. 📈💫
Moreover, the potential launch of a layer-2 blockchain on Polygon by Kraken has added to the bullish sentiment. 🌐🚀
So, can MATIC sustain its current levels and remain above $0.75? With increased trading volume and bullish indicators, MATIC's uptrend seems likely to continue. If it surpasses $0.85, the $1 mark could be within reach. However, a reversal below $0.75 may see it drop to $0.55 if buyers lose dominance at $0.60. 📈🔮
Disclaimer: This article is provided for informational purposes only and should not be considered as financial advice. 💼💡
$MATIC #PolygonMATIC #MATIC #BullRun
4Coin of the day by friendly movement - Polygon
$MATIC
5 November 2023
$MATIC is a scaling answer for
public blockchain networks. Polygon PoS chain
upholds all the current #Ethereum tooling along
with quicker and less expensive exchanges.
#MATIC/USDT #BullRun #PolygonMATIC #BinanceSquareTalks
$MATIC
5 November 2023
$MATIC is a scaling answer for
public blockchain networks. Polygon PoS chain
upholds all the current #Ethereum tooling along
with quicker and less expensive exchanges.
#MATIC/USDT #BullRun #PolygonMATIC #BinanceSquareTalks
💥 According to NewsBTC: $MATIC Price Prediction
After forming a base above the $0.8620 level, Polygon’s price started a fresh increase. MATIC cleared many hurdles near $0.880 and $0.8950 to move into a positive zone, like Bitcoin and Ethereum.
There was also a move above the $0.90 resistance and the 100 simple moving average (4 hours). The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low.
Besides, there was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC/USD pair. MATIC is trading above $0.9250 and the 100 simple moving average (4 hours).
Immediate resistance is near the $0.960 zone. The first major resistance is near the $0.9720 level or the 50% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low. If there is an upside break above the $0.9720 resistance level, the price could continue to rise.
The next major resistance is near $1.00. A clear move above the $1.00 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $1.100 level or $1.150.
If MATIC’s price fails to rise above the $0.9720 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.915 level and the same trend line.
The main support is near the $0.880 level. A downside break below the $0.880 level could open the doors for a fresh decline toward $0.8620. The next major support is near the $0.8250 level.
#PolygonMATIC
After forming a base above the $0.8620 level, Polygon’s price started a fresh increase. MATIC cleared many hurdles near $0.880 and $0.8950 to move into a positive zone, like Bitcoin and Ethereum.
There was also a move above the $0.90 resistance and the 100 simple moving average (4 hours). The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low.
Besides, there was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC/USD pair. MATIC is trading above $0.9250 and the 100 simple moving average (4 hours).
Immediate resistance is near the $0.960 zone. The first major resistance is near the $0.9720 level or the 50% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low. If there is an upside break above the $0.9720 resistance level, the price could continue to rise.
The next major resistance is near $1.00. A clear move above the $1.00 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $1.100 level or $1.150.
If MATIC’s price fails to rise above the $0.9720 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.915 level and the same trend line.
The main support is near the $0.880 level. A downside break below the $0.880 level could open the doors for a fresh decline toward $0.8620. The next major support is near the $0.8250 level.
#PolygonMATIC
