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Polygon News
Polygon, a prominent player in the blockchain ecosystem, is making waves with its scalable and efficient solutions for Ethereum. Designed to enhance the functionality of Ethereum’s network, Polygon offers a framework for building and connecting blockchain networks that are compatible with Ethereum. Polygon aims to provide a more user-friendly and accessible platform for decentralized applications (dapps) and decentralized finance (defi) projects.
Top Polygon Stories
$0.236348
24h Volume
$2,126,745
Market Cap
$387,182,066
24h Low/High
$0.236093 /
$0.2432
24h
-2.57%
7d
-4.64%
Latest Polygon News
News
On April 25, POL marked its fifth day of gains, breaking a prolonged downtrend as ecosystem momentum and NFT demand picked up. According to crypto.news, Polygon’s native token, POL (formerly MATIC), surged nearly 20% to an intraday high of $0.26,…
News
Polygon has launched a new incubation/launchpad program to help new projects get off the ground, while rewarding POL stakers with airdrops of those projects’ native tokens. In a press release shared with crypto.news, Polygon (MATIC) has announced the Agglayer Breakout…
MATIC
Polygon
News
Ethereum lost its spot as the top NFT platform from the first time, to its layer 2 Polygon.
News
Despite the modest crypto market recovery, the NFT market sales volume has dropped by 4.7% to $95.9 million. Bitcoin (BTC) has recovered to the $85,000 level. At the same time, Ethereum (ETH) has shown a modest 2.4% recovery in the…
News
Sentient, backed by Peter Thiel’s Founders Fund, has announced Open Deep Search, an open-source AI framework that outperforms Perplexity in reasoning and search capabilities. The launch aims to democratize access to advanced artificial intelligence and fuel web3 innovation through Sentient…
Markets
Polygon price has crawled back in the past few days as the number of active addresses on the chain rises. Polygon (POL) rose to an intraday high of $0.2460, its highest level since March 9 and 24% above its all-time…
News
Polygon co-founder, Sandeep Nailwail’s donation fund, Blockchain For Impact, has surpassed $90 million in funding for healthcare innovation. BFI also pledged another $200 million for future initiatives. According to a press release sent to crypto.news, Blockchain For Impact has allocated…
News
Lumia and Turkish developers SEN Group have built the world’s first crypto real-estate project, Lumia Towers. Polygon’s blockchain is being used to tokenize the towers. Following the announcement, crypto.news had the opportunity to conduct a Q&A with Head of Enterprise…
MATIC
Polygon
News
Blockchain security experts uncovered a malicious mobile app that stole sensitive wallet data from users’ devices, leading to the theft of over $1.8 million in cryptocurrency. A fake app called BOM stole over $1.82 million in crypto by secretly accessing…
Feature
The crypto community is split on stablecoins’ future, with some expecting growth and others worried about regulatory hurdles in 2025. Stablecoins are everywhere. Wealthy businesses and VCs see them as a silver bullet for companies struggling with outdated payment systems.…
USDT
Tether
News
Polygon Labs has partnered with India’s largest telecom operator, Reliance Jio, to integrate blockchain into the company’s existing infrastructure. Jio, which is a subsidiary of Reliance Industries, services roughly 450 million Indians and plans to leverage Polygon’s technology stack to…
News
The international financial center in Abu Dhabi, Abu Dhabi Global Market is collaborating with Polygon Labs in establishing an international token disclosure process for the web3 ecosystem. According to the press release received by crypto.news, the ADGM aims to use…
Project Review
Free-to-play web3 video game Chainers announced a closed playtest for its multiplayer shooter, offering rewards in NFTs and CFB tokens. Chainers.io, which claims to have over 25 million NFTs distributed and a community of more than 350,000 players, aims to…
POL
POL (ex-MATIC)
Markets
Bitcoin (BTC) dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season with over 75% of the top 100 altcoins outperforming Bitcoin consistently. Let’s deep-dive into top 10 beginner-friendly altcoins to buy in December 2024.
News
As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.35…
News
Singapore-based stablecoin infrastructure startup WSPN partners with Polygon Labs to scale WUSD stablecoin use in payments in decentralized finance. Worldwide Stablecoin Payment Network — also known as WSPN — has joined forces with Polygon Labs, the firm behind the Polygon…
Markets
