Messari: Polygon’s daily active addresses increased 47.6% quarter-on-quarter in the second quarter
Messari has released its Q2 report on Polygon. The daily active addresses on Polygon have reached 1.2 million, an increase of 47.6% compared to the previous quarter, with an average of 4.1 million transactions per day, an increase of 3.9% compared to the previous quarter. The average transaction fee for Polygon PoS has dropped to $0.01, a decrease of 41.1% compared to the previous quarter. The revenue for Q2 on Polygon (from network transaction fees) has decreased to $4 million, a decrease of 40.6%. Games continue to lead in Q2 2024, with an average of 382,000 daily active game addresses, an increase of 85% compared to the previous quarter. The total locked value (TVL) of Polygon PoS DeFi is $1 billion, a decrease of 22.9% compared to the previous quarter. However, the TVL measured in MATIC has increased by 38.1% to $1.8 billion, indicating that the decrease in USD is due to the decline in MATIC prices rather than net capital outflow. The market value of stablecoins on Polygon PoS continues to grow, reaching $1.8 billion, an increase of 17.5% compared to the previous quarter.
Polygon Co-founder: The value of RWA on Polygon PoS is second only to the Ethereum mainnet
Sandeep, co-founder of Polygon, stated in a post that it is very encouraging to see so many RWA assets naturally launched on Polygon. In terms of the value created by RWA, Polygon PoS is second only to the Ethereum mainnet. It is worth mentioning that a major Italian bank participated in the European Central Bank's trial of issuing 25 million euros of digital bonds on Polygon, and CDP has issued 25 million euros of digital bonds on Polygon, which will mature in four months.
In April, Polygon’s on-chain NFT sales exceeded US$50 million, setting the second highest record of the year
According to Cryptoslam data, the NFT sales on Polygon chain in April exceeded 50 million US dollars, reaching 51,539,690.69 US dollars, setting the second highest monthly sales record in 2024, second only to January's sales of 112 million US dollars this year. In addition, the NFT trading volume on Polygon chain in April increased significantly to 1.5 million transactions, with nearly 90,000 independent sellers and over 33,000 independent buyers.
Polygon's on-chain NFT sales exceeded $33 million in March
According to Cryptoslam data, NFT sales on the Polygon network in March reached $33,644,836.3, with a total of 1,417,024 on-chain transactions, including 222,959 unique buyers and 101,560 unique sellers.
Polygon zkEVM down due to issues with blockchain sequencer
The crypto community has been pondering on social media about the ongoing downtime, while Polygon assures its users that it is actively working to resolve the issue.
The Polygon zkEVM mainnet beta version has a sequencer problem due to L1 reorganization, and the team is solving it
On March 24th, Polygon tweeted that there was a sequencing issue with the Polygon zkEVM mainnet Beta version due to L1 restructuring. The team is currently working to resolve this issue and will provide a detailed post-analysis report. This incident only affects Polygon zkEVM (rollup) and does not affect Polygon PoS, Polygon CDK, or any chain deployed using Polygon CDK. Additionally, the team plans to release the second generation of zkEVM in the coming weeks.
Polygon zkEVM launches custom endpoint to fix high predicted gas issue
Polygon zkEVM announced the launch of a custom endpoint to address the issue of estimated gas fees being much higher than actual paid gas fees. This update is not mandatory, but recommended to use.
About 13.1 million MATIC were transferred from unknown wallets to Binance
Whale Alert monitoring shows that 13,094,113 MATIC tokens (worth $13,691,692) were transferred from an unknown wallet to Binance at 17:18 Beijing time.
Polygon PoS daily active addresses reach 1 million for the first time
Data released by Sandeep AggLayer, the founder of Polygon, on the X platform shows that the daily active addresses of Polygon PoS have reached 1 million for the first time in history.
Hermez Network associated address deposited 3 million MATIC to Kraken
On February 17th, Spot On Chain monitoring showed that the associated address 0xa31 of Hermez Network (which has been acquired by Polygon) deposited 3 million MATIC (worth 2.85 million USD) into Kraken in the past 2 hours.<br>23 days ago, this address received 19.8 million MATIC from Hermez Network and now has 16.8 million MATIC remaining (worth 16.1 million USD).
The address starting with 0x57f deposits 9 million MATIC to Binance
According to Spot On Chain monitoring, a wallet starting with 0x57f (linked to the Polygon Foundation) deposited 9 million MATIC tokens (worth 7.75 million USD) into Binance 11 hours ago. Overall, in the past 5 days, two wallets associated with the Polygon Foundation have deposited a total of 15.5 million MATIC tokens (worth 13.2 million USD) into Binance at a price of approximately 0.85 USD per token. After each deposit, the price of MATIC has slightly decreased.
Polygon Staking transfers 20 million MATIC
According to on-chain data tracking service Whale Alert, at around 15:33 on February 8th Beijing time, Polygon Staking transferred 20 million MATIC tokens via the Ethereum blockchain to an address starting with "0x3583", worth approximately $16,668,92.
Polygon provides US$3.6 million for ApeChain operating privileges
Huang Licheng (Machi Big Brother) stated on social media that Polygon offered $3.6 million as operational privileges for ApeChain, and the current value of 20 million OP is $60 million.
Coinbase: Investigating issues with send and receive delays on Polygon
Cryptocurrency exchange Coinbase is investigating issues with delayed sending and receiving on Polygon.
NFT sales on the Polygon chain exceeded US$112 million in January
According to CryptoSlam data, the sales of NFTs on the Polygon network exceeded $112 million in January, with approximately 1.679 million transactions on the Polygon network. Among them, there were 222,743 independent buyers and 159,105 independent sellers.
Polygon PoS integration with Mirror.xyz
Polygon has announced that the Web3 content publishing platform Mirror.xyz has integrated with Polygon PoS, allowing creators on Mirror to mint their content as NFTs on the Polygon PoS. Additionally, Polygon Labs has launched an official Mirror account.
GMEE Token: It is planned to open token claiming on the Ethereum chain to GMEE holders on the Polygon chain in February
GMEE Token has released an update on the hacking incident, stating that the impact is currently limited to the Polygon network. Efforts are currently being made to identify and freeze the hacker's funds, and trading is still suspended. However, transactions on the Ethereum blockchain are not affected. Regarding the repair plan, it is planned to open Ethereum-based token claims for GMEE Token holders on the Polygon chain in February. To protect the community, legitimate holders' tokens are currently being transferred back to Ethereum, which maximizes the reduction of the impact and prioritizes community protection. During this migration phase, users will be urged to avoid trading or transferring GMEE Tokens, which is crucial for the accuracy of the Ethereum claims snapshot. Liquidity providers on DEX are also advised to withdraw their liquidity.
In the past seven days, NFT sales on the Polygon chain have increased by over 142%, and NFT sales on the Avalanche chain have increased by over 97%.
According to Cryptoslam data, the Bitcoin blockchain NFT sales volume has increased by 10.47% in the past 7 days, reaching $144,581,502 and ranking first. The Ethereum blockchain NFT sales volume decreased by 3.12% in the past 7 days, reaching $69,083,366 and ranking second. The Solana blockchain NFT sales volume decreased by 33.62% in the past 7 days, reaching $49,950,821 and ranking third. The Polygon blockchain NFT sales volume increased by 142.06% in the past 7 days, reaching $19,381,654 and ranking fourth. The Avalanche blockchain NFT sales volume increased by 97.80% in the past 7 days, reaching $7,877,699 and ranking fifth.
Cyvers: A suspicious transfer involving a stakingProxy contract on Polygon was discovered, and $613,000 was deposited into Tornado Cash
Cyvers' artificial intelligence system has detected a suspicious transfer involving a non-active stakingProxy contract on Polygon. The value of the transfer is $613,000 and has been bridged to ETH and deposited into Tornado Cash.
Starbucks Korea will issue limited edition NFT on Polygon blockchain in January next year
Sandeep Nailwal, co-founder of Polygon, revealed that Starbucks Korea will begin issuing NFTs on the Polygon blockchain in January 2024. The related NFTs are developed in collaboration with Korean art platform Print Bakery and renowned NFT artist DADAZ, and will only be available to customers who incentivize the use of reusable cups. It is reported that customers can accumulate "ecological stamps" by purchasing eligible drinks, and then use these stamps to exchange for limited edition NFTs.
