MATIC

Polygon’s native token, MATIC, finds itself at a crossroads as it grapples with price volatility amidst an impending network upgrade and challenges surrounding Total Value Locked (TVL). In the past week, MATIC has witnessed a notable downturn in price, slipping by 4.44% according to data from CoinMarketCap. Despite earlier optimism that drove MATIC close to the $2 mark, the token has encountered resistance at the $1 level, with bullish momentum struggling to gain traction amidst prevailing market conditions. MATIC Investors…

ChainGPT and Polygon Labs team up to revolutionize NFT creation with AI technology and scalable blockchain integration. Interest in NFTs is surging again as the crypto market stabilizes and innovative solutions emerge. ChainGPT and Polygon Labs have announced a strategic partnership to streamline and democratize NFT creation by integrating artificial intelligence (AI) technology with a robust blockchain infrastructure.  The integration of its AI NFT Generator with the Polygon blockchain has made on-chain minting and seamless AI-powered NFT creation possible.  This…

[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came to inception after MATIC (now Polygon) entered the crypto scene to make Ethereum more scalable. Since then, a lot of competition spurred up with different…

Crypto industry is witnessing a transformative period as Ethereum (ETH) gears up for a monumental upgrade known as Dencun. This upgrade marks a significant milestone for Ethereum and has far-reaching implications for the entire crypto market.  Let us delve into the details of the Dencun upgrade, explore its potential impact on Ethereum's future, and analyze how it could pave the way for success for projects like Retik Finance (RETIK) and Polygon (MATIC) in the year 2024. The Dencun Upgrade and…

Singapore-based blockchain startup to help businesses of all sizes overcome challenges to build cutting-edge infrastructure for Web3. Bisonai, a Singapore-based company specializing in Web3 infrastructure, has joined forces with Polygon Supernet, a blockchain developer that provides a Layer 2 scaling solution for Ethereum, to revolutionize enterprise blockchain solutions, offering scalable and customizable Web3 infrastructure to businesses worldwide. As companies increasingly look to adopt blockchain technology, they often encounter significant challenges related to scalability and complex infrastructure requirements. Bisonai's partnership with…

This article aims to give you a beginner's guide to Polygon. By the end of this article, you will have a better understanding of the following: What Polygon is? What Polygon offers?  The solutions Polygon offers to common blockchain problems.  You will also understand how to buy Polygon Matic tokens. Polygon In a Nutshell The idea for Polygon originated from the original Matic network, which acted as an effective scaling solution. Polygon (Matic) network is a highly secured Ethereum-based layer…

Even as cryptocurrencies with larger market caps continue to tumble,  MATIC (Polygon) Ethereum's multichain scalability platform has skyrocketed. In a seven-day trailing period, it has grown by nearly 145%. The platform's surge is taking place in the backdrop of a resurgence of the Defi sector. By midnight on Monday, the coin had attained a record high of $2.14. MATIC Gains Over BTC and ETH At the time of going to press, Polygon's token was trading at $2.04. The price represented…

In just over a year since it became popular, IEO (Initial Exchange Offering) managed to replace ICOs (Initial Coin Offerings) as the fundraising system of choice for a majority of blockchain enterprises.  In simple terms, IEOs are a token sale that operates through a partner exchange. It's identical to an ICO in almost every way except that investors who can participate in the sale are typically limited to users on the associated exchange. The IEO process kicks off with an…