1inch June Transaction Data Report Shows Ether Ranked #1 with $276.9 Billion in Total Transaction Volume
July 3 (Cointime) -According to 1inch report, that Shows Ether Ranked #1 with $276.9 Billion in Total Transaction Volume. Here is the key stats list:
Revolut to Delist Cardano, Polygon and Solana in the US Amid Regulatory Developments
June 30 (Cointime) - Revolut, a cryptocurrency-friendly neobank, will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) from its platform in the United States in September due to changing laws and regulations around cryptocurrency in the country. Revolut notified its U.S. customers about the change on June 29, stating that buying these tokens is immediately closed for all customers.
Polygon's Fees and Revenue Plummet as Network Stats Stagnate, but Gaming Ecosystem Thrives
June 28 (Cointime) - Polygon's network statistics have stagnated over the past few months, with daily active addresses and transactions plateauing and a decline in usage and adoption. The network's value and fees have also declined sharply, leading to a plummet in revenue.
Polygon Makes Strategic Investment in Delysium
June 27 (Cointime) - Delysium announced on its official Twitter account that Polygon has made a strategic investment in the company. This investment is not just strategic, but also a shared belief and support for the future convergence of AI and blockchain.
SEC Lawsuits Against Binance and Coinbase Cause $5 Billion Loss for Solana, Polygon, Cardano, and Other Tokens
June 27 (Cointime) - According to a Decrypt analysis of CoinGecko data, Solana, Polygon, Cardano, and other tokens involved in the SEC court battles have lost $5 billion, or 15%, of their collective market capitalizations. The SEC filed lawsuits against Binance and Coinbase on June 5 and 6, accusing them of selling unregistered securities. The lawsuits named several cryptocurrencies, including Solana, Cardano, and Polygon, which have suffered losses since the lawsuits were filed. Despite the drops in token prices, the crypto market has been on a bullish rally over the past week, with Bitcoin reaching over $31,000 for the first time in months.
VAIOT's AI-Blockchain Integration with Polygon Revolutionizes Business Operations
June 23 (Cointime) - The integration of Artificial Intelligence (AI) into various industries is gaining momentum due to its potential to enhance efficiency, accuracy, and productivity, leading to cost savings and increased revenue. VAIOT is a leader in exploring the potential of AI-Blockchain integration, with their latest integration with Polygon providing a secure and seamless platform for conducting transactions.
Polygon's zkEVM Adoption Skyrockets While MATIC's Price Sinks
June 23 (Cointime) - The adoption rate of Polygon's zkEVM has increased significantly, with daily active users growing by over 225% compared to the previous month. This surge in adoption could be attributed to the declining gas fees on the network, which has also led to a rise in the total number of unique addresses and the roll-up's TVL.
Polygon's Daily Active Addresses Decline, MATIC Price Up by Over 6% Amidst New Announcements and Launches
June 23 (Cointime) - Polygon's daily active addresses have decreased, leading to a decline in daily transactions. However, the blockchain has recently made several new announcements and launches that could benefit its situation. MATIC's price has increased by over 6% in the past 24 hours, and its investors are enjoying the benefits of the bullish market.
Polygon's MATIC Price Attempts Recovery, Could Rise Further Towards Resistance Levels
June 22 (Cointime) - Polygon's MATIC price is attempting to recover after a major decline from above $0.80. The price is currently trading above $0.64 and the 100 simple moving average (4 hours), with a potential rise towards the $0.725 and $0.750 resistance levels.
Polygon Introduces AI Interface To Aid Developers Building Decentralized Apps on Its Network
June 21 (Cointime) - Polygon, a scaling solution for Ethereum, has launched an artificial intelligence interface called Polygon Copilot, powered by OpenAI's ChatGPT.
Polygon ($MATIC) Price Breaks Down from Long-Term Structure: What's Next After 50% Drop in 10 Days?
June 20 (Cointime) - Polygon's (MATIC) price has broken down from a long-term ascending parallel channel, indicating the end of the previous upward movement. The weekly time frame technical analysis for MATIC is bearish, with the Relative Strength Index (RSI) below 50 and falling.
Interest in Polygon's zkEVM, StarkNet, and zkSync Era Surges While MATIC Fluctuates: Concerns Raised Over Declining Network Growth and Trading Volume
June 20 (Cointime) - Interest in the zkEVM sector, including Polygon's zkEVM, StarkNet, and zkSync Era, has increased, with daily active addresses and Total Value Locked (TVL) on the rise. This growth can be partly attributed to the anticipation of token AirDrops, but activity on the Polygon zkEVM has not been driven solely by this.
Rocket Pool's rETH Integration on Polygon Opens New Opportunities for Growth in DeFi Sector
June 18 (Cointime) - Rocket Pool's integration of rETH on Polygon presents new growth opportunities in the competitive DeFi sector, with the performance of Polygon's DEXes and MATIC token's market sentiment influencing its trajectory.
Crypto Investors Remain Jittery as Bitcoin Dips to Three-Month Low and Tether Deviates from $1 Peg
June 16 (Cointime) - Bitcoin and major altcoins remained stagnant after a dip to a three-month low, causing concern among crypto investors. Tether's USDT stablecoin was knocked from its $1 peg due to market sell-offs on Uniswap and Curve pools. The US Securities and Exchange mentioned MATIC, the token of the smart contracts platform Polygon, among 19 cryptocurrencies in its lawsuits against Binance and Coinbase.
XRP Investors Disappointed by Lack of Regulatory Clarity in Hinman Docs, Cardano and Polygon Show Resilience Amid Regulatory Uncertainty
June 15 (Cointime) - The release of the "Hinman docs" related to the SEC's case against Ripple Labs did not provide the expected regulatory clarity for XRP investors, leading to a brief surge in value followed by a fall. While the documents shed some light on the SEC's internal communications regarding cryptocurrencies, their practical impact on XRP's legal and regulatory status was minimal.
Polygon Labs Challenges SEC's Proposed Definition of 'Exchange' for DeFi Platforms
The SEC is planning to amend old legislation to include decentralized finance exchanges, but Polygon and other DeFi platforms are objecting to the broad and harmful terminology that doesn't apply to decentralized blockchains. Polygon Labs submitted a response to the SEC's proposed rulemaking, stating that the new proposal threatens the existence of permissionless blockchain networks in the US.
NFT Inspect Launches Twitter-Based NFT Tracking Tool
NFT Inspect, a premier NFT analytics platform, has launched a new Twitter-based PFP tool that allows users to track the movements of a given profile picture NFT as it travels around the social media platform. The application is available as a Chrome extension and a web client, providing information on static Ethereum, Polygon, and Solana NFTs currently circulating on Twitter.
Polygon's zkEVM Platform Experiences Significant Growth in TVL and Transaction Volume, Bucking the Trend of Declining TVL Across Most Blockchains in May 2023
Polygon's zkEVM platform has defied the trend of declining Total Value Locked (TVL) seen across most blockchains in May 2023, experiencing significant growth in both TVL and transaction volume. The platform's unique features, such as scalability, privacy, and interoperability with Ethereum, have made it attractive to DeFi projects.
Polygon (MATIC) Price Attempts Reversal, But Technical Analysis Indicates Prevailing Bearish Sentiment
In the past day, Polygon's (MATIC) price has attempted to reverse its downward trend, gaining over 4% in value. However, on a weekly chart, MATIC has experienced a decline of over 27%, breaching important support levels.
Polygon NFTs Lands on Kraken NFT Marketplace, Trade Reddit Collectible Avatars Today
Polygon NFTs now available on Kraken NFT marketplace
Kraken NFT, the secure marketplace for exploring, collecting, and trading non-fungible tokens (NFTs) with zero gas fees, has added Polygon (MATIC) to its list of supported tokens for NFT trading.