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Polygon

Polygon

MATIC
$0.49
-7.10%
$0.49 24H Price $0.53

MATIC Price Live Data

Polygon today's live price is $0.49 USD with a 24-hour trading volume of $233,662,256 USD. Polygon has dropped by 7.11% in the last 24 hours. The current ranking is #14, with a live market cap of $4,923,774,028 USD, and a circulating supply of 9,897,778,587 MATIC coins.

Market Cap
-7.11%
$4,923,774,028
Volume (24h)
-14.01%
$233,662,256
Circulating Supply
9,897,778,587 MATIC
Fully Diluted Market Cap
$ 4,974,625,351

MATIC RELATED NEWS

Caste Certificates Based on Polygon Acknowledged by Indian Policy Think Tank

India's public policy think tank, NITI Aayog, has recognized the use of blockchain technology for issuing caste certificates in the Gadchiroli district of Maharashtra. The acknowledgement was made in a joint report with the United Nations Development Programme (UNDP) that highlights 75 best practices and policies for sustainable development goals. The use of blockchain-based certificates can help in easy verification, reduction of fraudulent claims, and improving privacy. This recognition has brought hope to the Indian crypto community for blockchain mass adoption despite the country's strict stance towards crypto.

The Cross-Chain Bridge zkBridge Under Polyhedra Has Been Integrated Into Polygon

On May 29th, Polyhedra Network, a ZK infrastructure startup, announced that its cross-chain bridge, zkBridge, has been integrated into the Polygon network, allowing users to use interoperability supported by zkBridge on Polygon.
NFT

Polygon Co-Founder Says Reddit Has "Cracked the Code" on NFT Adoption

During a recent Reddit AMA session, the co-founder of Polygon praised the social media platform for successfully introducing NFTs to its community through free airdrops and early sales of digital collectibles. He stated that Reddit is the only well-known Big Tech company that has "cracked the NFT code" and has been able to drive a lot of engagement with Reddit NFTs, resulting in the onboarding of 9.7 million users to Reddit's NFT platform. The co-founder also positioned Polygon as a business layer and stated that their long-term vision is to become the "value layer of the Internet" and act as a "business or application layer for crypto." Polygon has also partnered with brands such as Nike, Starbucks, and Sotheby's for NFT collections.

QuickSwap has launched QuickPerps, a decentralized perpetual contract exchange based on Polygon's zkEVM technology.

QuickSwap's new product, QuickPerps, is a decentralized perpetual contract exchange.
NFT

ClubRare and Polygon Collaborate to Launch Groundbreaking Social Commerce Platform for Phygital Goods Collectors and Creators

Polygon has announced a partnership with ClubRare, a Web3 social commerce platform for physical goods, to launch a social e-commerce platform for collectors and creators of "phygital" goods.

Austria’s GreenRock Energy Is Issuing a Tokenized Green Bond Worth €25 Million ($27M) on the Public Polygon Blockchain

Austria's GreenRock Energy is issuing a tokenized green bond worth €25 million ($27m) on the public Polygon blockchain, with the funds to be invested in solar panel businesses and installations. The issuance of the tokens is approved by Germany's BaFin, Austria's FMA and Italy's CONSOB.

Co-founder of Polygon believes Web3 gaming will drive crypto adoption

Sandeep Nailwal, Co-founder of Polygon, believes that Web3 gaming will be a major factor in driving widespread adoption of cryptocurrency. During a Reddit Ask Me Anything (AMA) session, Nailwal stated that gaming is the largest scale opportunity for crypto and highlighted the upcoming debut of some notable games on Web3.

Polygon Daily Address Creation Hits 2-Year High; Bullish for MATIC?

Despite recent declines in the cryptocurrency market, Polygon (MATIC) has seen a surge in the number of new addresses created daily on its Layer 2 blockchain, which aims to help Ethereum with its scalability.

Cardano Struggles with Delays in Swaps, Causing Users to Consider Competitors such as Polygon and Solana

Cardano, a popular smart contract network known for its high transaction speeds and scalability, has been experiencing delays in token swaps on some of its decentralized exchanges. These delays have put a dent in the network's integrity and given its competitors an edge.

Polygon's zkEVM Optimizations Expected to Reduce Fees by 20% and Attract New Users, MATIC Price Increases by 2% in Last 24 Hours

Polygon [MATIC] has announced that it will be reducing fees by approximately 20% in the coming weeks through optimizations to zkEVM. This move is expected to attract new users to the platform. While the fee reduction will take some time, Polygon has suggested a few methods that users can use to reduce fees now, such as tracking Ethereum's trading price and monitoring network activity.

Polygon Partners with De.Fi to Integrate Web3 Antivirus for Enhanced Security Against Hacks and Exploits

Polygon, the Ethereum layer-2 chain, has partnered with De.Fi to incorporate its antivirus into the ecosystem. The collaboration aims to enhance the safety and security of transactions on the Polygon network by offering users a DeFi suite of security tools.

Polygon's zkEVM Activity Lower Than Competitors, MATIC Market Cap and Usage Remain Uncoupled

Polygon's zkEVM activity has been trailing behind other protocols like StarkNet and zkSync Era, which could have an impact on the protocol's future growth. However, despite this, Polygon's usage and MATIC market cap have not been affected. Messari's data shows that the relationship between Polygon's cumulative market capitalization and user base can be categorized into three distinct phases: Growth, Deviation, and Maturation. Recently, MATIC's price has experienced a significant drop, with its RSI indicating that momentum is currently with MATIC sellers.

Mangrove Launches Decentralized Exchange Protocol on Polygon Testnet with Programmable Order Book and Enhanced Limit Order Flexibility

Decentralized exchange protocol Mangrove has launched on the Polygon Testnet, providing a secure and efficient blockchain infrastructure for traders. The launch includes a programmable order book that can improve user trading experiences. Mangrove's mainnet launch is expected soon, along with a new brand logo and assets that represent the company's core values and principles.

Mangrove Launches Decentralized Exchange on Polygon Testnet with Programmable Order Book

Mangrove, a decentralized exchange (DEX), has launched on Polygon's testnet with a programmable order book. The Paris-based firm has raised around $10 million and is supported by major trading and market making players like Wintermute and Cumberland. The company plans to launch on mainnet at the beginning of next month. Mangrove's "advanced limit order" innovation allows traders to propose selling digital assets at a given price while depositing those assets as collateral on a lending platform and generating passive yield. This more flexible version of a limit order allows traders to have a savings account and sell at a certain exit price.

Bug in Aave V2 on Polygon Network Prevents Users from Accessing Over $100M in Assets

A bug in Aave V2, a decentralized finance (DeFi) lending protocol on the Polygon network, has caused users to be unable to interact with around $110 million worth of assets on the platform. The issue is due to an incompatible upgrade to the ReserveInterestRateStrategy contract deployed on Polygon.

Polygon, Solana, Algorand Collaborate on $50M Cross-Chain Investment Fund

Algorand, Solana, and Polygon have collaborated to create a $50 million cross-chain investment fund, the Cross-Chain Ecosystem Investment Fund, managed by Borderless Capital. The fund will invest in startups that utilize the Wormhole cross-chain messaging protocol. The Algorand Foundation, Solana Foundation, and Polygon Ventures are among the participants in the fund, along with other investors. Wormhole is a popular cross-chain messaging protocol that connects liquidity and users across more than 20 blockchain networks. The fund's creation provides more incentive for crypto developers to address Wormhole's cross-chain security challenges.
NFT

Elon Musk’s Recent Tweet About Milday NFT Caused a Spike in Its Value

Elon Musk's recent tweet about Milday NFT caused a spike in its value, similar to what happened with Dogecoin after Musk endorsed it. While established blockchain providers Solana and Polygon are facing challenges, TMS Network is thriving, having increased by 1700% since its presale event.

Web3 Reinvented: Polygon Labs, Sequence Join Forces To Transform Infrastructure

Horizon, the creators of Sequence, have announced a partnership aimed at redefining Web3 infrastructure, which has had a significant impact on Polygon's governance token MATIC, with an increase of nearly 3% in the past 24 hours. The partnership will bolster the infrastructure and signify a positive step forward for the Web3 ecosystem. The seamless integration of Sequence's smart wallet and infrastructure stack on Polygon Supernets will pull business enterprises into the ecosystem. Both Polygon and Sequence will offer credits to incentivize developers to build on the platform, which will have a strong effect on how quickly the Web3 infrastructure will improve.

Earn Alliance Integrates Chainlink VRF for Fair and Transparent NFT Minting in Last Remains Game on Polygon Mainnet

Earn Alliance, a Web3 gaming community and service provider, has integrated Chainlink's Verifiable Random Function (VRF) on Polygon's mainnet to ensure a fair Genesis NFT mint for their battle royale game, Last Remains. This integration provides a secure and verifiable source of randomness. Earn Alliance offers a range of services to Web3 games, including community building, marketing NFT launches, and player onboarding. Their commitment to fair play, transparency, and user experience is evident in their selection of Chainlink VRF and future plans to offer a comprehensive smart contract-free mint service. This partnership sets new standards in the Web3 gaming industry.

Solid World and Masa Launch Carbon Liquidity Pool on Polygon with Airdrop Campaign for Mangrove Restoration Projects

Solid World has partnered with Masa to launch a carbon liquidity pool on the Polygon blockchain, aimed at revolutionizing funding for Mangrove Restoration projects. The initiative seeks to democratize access to funding opportunities and make financing nature restoration accessible to everyone while earning strong sustainable yields. Solid World is inviting new players to its dedicated Web3 community to participate in a rewards airdrop event and earn an exclusive community badge, the “Solid World Whale” SBT. The airdrop offers a prize pool of $4,000, which consists of CRISP-M tokens from Solid World’s CRISP Scored Pool, and a total of 50 lucky winners will each receive $80 worth of CRISP-M tokens on Polygon.

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