Cryptocurrency markets hosted significant developments on September 4, 2024. From Polygon to THORChain, Immutable to The Sandbox, many projects continued to shape the ecosystem with updates, listings, and voting processes. This dynamic day showcased the steps taken by projects in mainnet upgrades, new token listings, integrations with the gaming world, and community management. Here are the most notable altcoin developments of the day and details about the general market situation:
Today's Top Altcoin Developments
It was an eventful day in the blockchain ecosystem. On September 4, 2024, many projects experienced significant developments and various updates, voting processes, and listings took place. Here are some of the highlights of the day:
Polygon (MATIC): The long-awaited “MATIC → POL” token migration took place today. With this update, the Polygon network will use the POL token instead of MATIC. This community-approved migration expands the usability of the POL token and opens the doors to Polygon 2.0. No need to worry for MATIC holders, as staked MATIC tokens will automatically convert to POL.
EOS: The stable versions of Spring 1.0 and Savanna consensus algorithm upgrades were released today. These upgrades are expected to improve the performance and security of the EOS ecosystem.
THORChain will perform a forced upgrade at block number 17561740 at 4 PM UTC.
XDC Network (XDC): Listed on the BingX exchange with the XDC/USDT pair.
Flow (FLOW): Took a significant step toward connecting to the web3 ecosystem with the Crescendo Network upgrade at 5 AM PT.
Immutable (IMX): Cross has released the trailer for The Ages: The Rift.
The Sandbox (SAND): Launched a voting process to allocate funding for the ambassador program on the platform.
MEXC Global: Listed projects The Professor (LAB) and Moth (MOTH).
Other Listings: Bitget, Clearpool; HashKey, Book of Meme, dogwifhat, Bonk; MEXC, Apollo Name Service, Vite listed their projects.
Events: Events such as Supra’s Demo Day and Korea Blockchain Week were also held today.
Voting Processes: Lido DAO and Optimism have ongoing voting processes. Also noteworthy are the voting processes regarding token supply in Aleph Zero and Stafi (FIS).
Long-term Activities: Long-term projects such as Core DAO’s dApp discovery program and Casper Network’s wallet migration are also ongoing.
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