Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Polygon
XRP and Polygon MATIC Show No Price Movement, But BlastUP (BLP) Attracts Huge Gains Ahead More Investors
The post XRP and Polygon MATIC Show No Price Movement, But BlastUP (BLP) Attracts Huge Gains Ahead More Investors appeared first on Coinpedia Fintech News XRP and Polygon’s MATIC have been quiet in terms of price change, yet BlastUP stands out by adopting a bold strategy that has sparked a surge of interest and holds the potential for significant returns. As the bull run of 2024 continues, this situation captures the attention of investors looking for opportunities in a market…
1 year ago
Can This Newcomer Really Overtake Polygon (MATIC) in the Top 20 Cryptocurrencies by Marketcap?
New projects are constantly emerging, each vying for a spot among the top players in the market. One such newcomer that has been generating buzz in the crypto community is Retik Finance (RETIK). With its innovative features and ambitious goals, RETIK has sparked speculation among investors about its potential to challenge established players like Polygon (MATIC) and secure a spot in the top 20 cryptocurrencies by market capitalization. Retik Finance (RETIK) Retik Finance is a decentralized finance (DeFi) platform that…
1 year ago
Polygon DeFi Welcomes Bridged EURC (EURC.e) on zkEVM for Seamless Euro Transactions
EURC (EURC.e) goes live on the Polygon zkEVM, integrating a trusted Euro-backed stablecoin into the ecosystem. Circle’s EURC was previously available on Avalanche and a few other networks. Polygon has officially announced that EURC (EURC.e) is now live on its zero-knowledge Ethereum Virtual Machine (zkEVM), expanding the list of tokens available to users. Bridged EURC (EURC.e) is now live on Polygon zkEVM The expansion brings a trusted, euro-backed stablecoin from @circle to the Polygon zkEVM ecosystem, enabling faster, seamless and…
1 year ago
MATIC Price Prediction: Can Polygon Rip Higher To $1.15
MATIC price is up over 5% and it tested the $0.950 resistance. Polygon bulls are in full control, and they might aim for more upsides above $1.00. MATIC price started a fresh increase above the $0.920 resistance against the US dollar. The price is trading above $0.925 and the 100 simple moving average (4 hours). 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 (data source from…
1 year ago
Polygon Teams Up with Škoda Auto India for Digital Customer Engagement
Škoda Auto India launches the Škoda Gearheads community, offering exclusive benefits to car enthusiasts nationwide. The program integrates Polygon PoS for seamless transactions and NFTs for dynamic memberships on the Škodaverse India platform Škoda Auto India has again showcased its commitment to innovation and customer engagement by introducing the Škoda Gearheads community. This unique membership program, unveiled alongside other digital initiatives, aims to unite automobile enthusiasts nationwide under one roof. The Škoda Gearheads community is more than just a membership…
1 year ago
Polygon (MATIC) In Buy Zone That Earlier Led To 112% & 87% Surges
On-chain data shows Polygon (MATIC) is currently inside the same buy zone that earlier led to rallies of around 112% and 87% for the asset. Polygon 30-Day MVRV Ratio Is Significantly Negative Currently As pointed out by analyst Ali in a post on X, MATIC is showing a historically bullish pattern in its 30-day MVRV ratio. The “Market Value to Realized Value (MVRV) ratio” here refers to an on-chain indicator that keeps track of the ratio between the Polygon market…
1 year ago
Ethereum and Polygon Attract Majority of New Users: Flipside Report
Ethereum and its Layer 2 scaling solution, Polygon, attracted the most new users by far in the first quarter of 2024. The latest report by Flipside revealed that these two blockchain platforms have garnered the most cumulative new users among observed EVM chains since the beginning of the year. Polygon boasted 12.3 million new users, and Ethereum had 13.4 million – roughly 70% of new users this year across all observed chains as of March 27. Next up was Arbitrum,…
1 year ago
Polygon Price Analysis: MATIC on the Cusp of Major Uproar Ahead
The post Polygon Price Analysis: MATIC on the Cusp of Major Uproar Ahead appeared first on Coinpedia Fintech News Polygon (MATIC), a top-tier layer two scaling solution built on the Ethereum (ETH) network, is preparing for an inevitable liftoff amid the mainstream adoption of web3 protocols and smart contracts. The mid-cap altcoin, with a fully diluted valuation (FDV) of about $8.6 billion,” and a daily average trading volume of around $280 million, is in the early stages of the macro…
1 year ago
Polygon Observes Buy Signal: Analyst Suggests MATIC Rebound To This Level
An analyst has explained how a buy signal forming in the price of Polygon (MATIC) could lead to the asset rebounding towards these price targets. Polygon Is Showing A TD Sequential Buy Signal Right Now In a new post on X, analyst Ali has discussed about the a Tom Demark (TD) Sequential signal forming in the MATIC price chart. The TD Sequential here refers to an indicator in technical analysis that’s generally used for pinpointing probable locations of reversal in…
1 year ago