In January, the #NFT marketplace OpenSea has seen its trading volume reach an all-time high of $5 billion USD between #Ethereum and #Polygon marketplace. This was higher than the previous monthly peak of $3.4 billion set in August 2021.
As per public #blockchain data given by Dune Analytics, the trade volume was $4.95 billion for Ethereum and over $79 million for Polygon.
January 31, #OpenSea had its highest day, with $233 million USD in NFT trading.
As per public #blockchain data given by Dune Analytics, the trade volume was $4.95 billion for Ethereum and over $79 million for Polygon.
January 31, #OpenSea had its highest day, with $233 million USD in NFT trading.
🌐How did #Polygon become the first to address the major issues associated with #Ethereum?
🔸Do you know? More than 19,000 #Dapps are using Polygon and can process up to 72K transactions per second on each side chain.
🔸Polygon is the decentralized Ethereum scaling platform to create & collaborate with Dapps.
🔸Founded by Anurag Arjun, Jaynti Kanani, Mihailo Bjelic, and Sandeep Nailwal in 2017.
🔸#Matic is a polygon’s native token used to manage and secure the network by staking and interacting with dApps.
🔸As of Apr 2022, Matic was the 18th largest #crypto asset with a market cap of $11.3 bn.
🔸Polygon’s offerings include Zk-based ID platforms, Nightfall solution, wallet, API, Bridge widget, and Bridge API.
🔸Raised $451.5 mn in 7 #funding rounds and made 15 #investments in businesses including Mighty Bear Games, Optic, and Fanclash.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6973247426363097088
🔸Do you know? More than 19,000 #Dapps are using Polygon and can process up to 72K transactions per second on each side chain.
🔸Polygon is the decentralized Ethereum scaling platform to create & collaborate with Dapps.
🔸Founded by Anurag Arjun, Jaynti Kanani, Mihailo Bjelic, and Sandeep Nailwal in 2017.
🔸#Matic is a polygon’s native token used to manage and secure the network by staking and interacting with dApps.
🔸As of Apr 2022, Matic was the 18th largest #crypto asset with a market cap of $11.3 bn.
🔸Polygon’s offerings include Zk-based ID platforms, Nightfall solution, wallet, API, Bridge widget, and Bridge API.
🔸Raised $451.5 mn in 7 #funding rounds and made 15 #investments in businesses including Mighty Bear Games, Optic, and Fanclash.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6973247426363097088
On Tuesday, the #cryptocurrency market saw positive movement, with #Bitcoin, increasing by 1.60% and trading at $24,884.33. #Ethereum also saw a rise of 0.58%, trading at around $1,698.52.
The global cryptocurrency market capitalization reached $1.1 trillion. #Solana saw the highest gains while #Polygon's Matic experienced the biggest losses on Tuesday morning in Asia.
The global cryptocurrency market capitalization reached $1.1 trillion. #Solana saw the highest gains while #Polygon's Matic experienced the biggest losses on Tuesday morning in Asia.
The global market cap of the #cryptocurrency market reached $1.13 trillion, marking a 0.35% increase in the past 24 hours.
While #Bitcoin and #Ethereum managed to climb above $27,000 and $1,800, respectively.
Other popular altcoins, including #Dogecoin (DOGE), #Ripple (XRP), #Litecoin (LTC), and #Polygon (MATIC), also saw modest gains.
While #Bitcoin and #Ethereum managed to climb above $27,000 and $1,800, respectively.
Other popular altcoins, including #Dogecoin (DOGE), #Ripple (XRP), #Litecoin (LTC), and #Polygon (MATIC), also saw modest gains.
CryptoRank, a platform for analyzing and researching the #crypto market, recently released a list of the top 10 #blockchains based on monthly revenue, which represents the fees generated for stakeholders.
As per the report, #Ethereum is the clear leader in terms of monthly revenue generated for stakeholders. #Tron, #Filecoin, #Arbitrum, and #Polygon are also generating significant revenue, while #BNB Coin, #Optimism, #Solana, and #Helium are all showing decent gains.
As per the report, #Ethereum is the clear leader in terms of monthly revenue generated for stakeholders. #Tron, #Filecoin, #Arbitrum, and #Polygon are also generating significant revenue, while #BNB Coin, #Optimism, #Solana, and #Helium are all showing decent gains.
#Polygon (#MATIC) experiences a 3,800% surge in transactions, reaching $100,000. Institutional dominance at 84%, 30-day correlation with Bitcoin at 0.88 #crypto #cryptonews 🔥👇
https://coinpedia.org/news/polygon-price-analysis-institutional-interest-drives-massive-surge-in-matic-transaction-volume/
https://coinpedia.org/news/polygon-price-analysis-institutional-interest-drives-massive-surge-in-matic-transaction-volume/
CoinPedia
Polygon Price Analysis: Institutional Interest Drives Massive Surge in MATIC Transaction Volume
The recent On-Chain Analysis, highlight a significant surge in Bitcoin, Ethereum, and Polygon (MATIC) due to increased institutional demands and whale
#Polygon Labs developer Jarrod Watts raised security concerns about Blast API's centralization and vulnerability in its "3/5 multisig" system. #CryptoNews
https://coinpedia.org/news/blast-network-soars-to-400m-tvl-amidst-centralization-concerns/
https://coinpedia.org/news/blast-network-soars-to-400m-tvl-amidst-centralization-concerns/
CoinPedia
Blast API Under Scrutiny: Security Flaws, Centralization, and More!
In a recent social media discussion, Jarrod Watts, a developer relations engineer at Polygon Labs, raised significant concerns about the security and
Investor Mark Cuban's significant transfer of 2.826 million #MATIC to #Coinbase raises concerns about potential liquidation.
Despite initial staking for profits, the move prompts speculation on losses amid #Polygon's growth. #Cryptonews
https://coinpedia.org/news/mark-cubans-major-matic-price-move-polygon-faces-selloff-speculation/
Despite initial staking for profits, the move prompts speculation on losses amid #Polygon's growth. #Cryptonews
https://coinpedia.org/news/mark-cubans-major-matic-price-move-polygon-faces-selloff-speculation/
CoinPedia
Mark Cuban’s Major MATIC Price Move: Polygon Faces Selloff Speculation
Recent concerns over a potential selloff in Polygon (MATIC) following billionaire investor Mark Cuban depositing millions of MATIC tokens to Coinbase
#Polygon whales accumulate 32 million #MATIC tokens after #Gemini listing, hinting at potential price surge. #CryptoNews
Surge in MATIC accumulation coincides with Gemini's listing of MATIC/GUSD perpetual contract, driving momentum."
https://coinpedia.org/news/will-polygons-matic-skyrocket-to-1-after-big-buys-and-gemini-listing/
Surge in MATIC accumulation coincides with Gemini's listing of MATIC/GUSD perpetual contract, driving momentum."
https://coinpedia.org/news/will-polygons-matic-skyrocket-to-1-after-big-buys-and-gemini-listing/
CoinPedia
Polygon Whales Make Big Moves: Here’s Why MATIC Price Could Surge to $1 Soon!
Blockchain tracker Whale Alert has dropped a bombshell: Polygon whales, the big players on the network, have quietly piled up a whopping 32 million MATIC
#Cryptomarket undergoes significant 6.50% correction, with #Bitcoin leading with 7% loss in 24 hours.
#Polygon price corrects by 9% in 24 hours, indicating bearish week; #MATIC shows 33.77% gain in 30 days.
https://coinpedia.org/price-analysis/matic-price-jumps-33-this-month-whats-next-for-polygon-this-month/
#Polygon price corrects by 9% in 24 hours, indicating bearish week; #MATIC shows 33.77% gain in 30 days.
https://coinpedia.org/price-analysis/matic-price-jumps-33-this-month-whats-next-for-polygon-this-month/
CoinPedia
MATIC Price Jumps 33% This Month! What’s Next For Polygon This Month?
The Polygon price has recorded a correction of approximately 9% within the past 24 hours and 1.5% over the past seven days, indicating a
Discover the potential for a major uptrend as #Polygon (MATIC) teeters on the brink of significant movement.
Get the latest insights into Matic's price analysis.
https://coinpedia.org/price-analysis/polygon-price-analysis-matic-on-the-cusp-of-major-uproar-ahead/
Get the latest insights into Matic's price analysis.
https://coinpedia.org/price-analysis/polygon-price-analysis-matic-on-the-cusp-of-major-uproar-ahead/
CoinPedia
Polygon Price Analysis: MATIC on the Cusp of Major Uproar Ahead
Polygon (MATIC), a top-tier layer two scaling solution built on the Ethereum (ETH) network, is preparing for an inevitable liftoff amid the mainstream
"No Need to Label Solana as Security in Binance Lawsuit"
🔵US #SEC has amended its complaint in the Binance lawsuit concerning third-party crypto asset securities.
🔵The court ruling to classify cryptocurrencies like Solana as securities is no longer necessary at this stage.
🔵This decision follows a recent court order that determined BNB (Binance Coin) is not a security.
🔵The amendment reflects ongoing developments in the SEC's legal actions against #Binance, Binance.US, and Changpeng Zhao.
🔵This provides Partial relief for #Solana, #Cardano, and #Polygon in the SEC complaint.
Source: https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.253.0.pdf
🔵US #SEC has amended its complaint in the Binance lawsuit concerning third-party crypto asset securities.
🔵The court ruling to classify cryptocurrencies like Solana as securities is no longer necessary at this stage.
🔵This decision follows a recent court order that determined BNB (Binance Coin) is not a security.
🔵The amendment reflects ongoing developments in the SEC's legal actions against #Binance, Binance.US, and Changpeng Zhao.
🔵This provides Partial relief for #Solana, #Cardano, and #Polygon in the SEC complaint.
Source: https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.253.0.pdf
#Blockchain's Fastest-Growing Networks
🔹#Polygon leads with a remarkable 1,019% increase in new addresses in the past 30 days, solidifying its status as a top ecosystem.
🔹WETH on Polygon follows closely, growing by 263% as it capitalizes on #Ethereum's adoption.
#Crypto
🔹#Polygon leads with a remarkable 1,019% increase in new addresses in the past 30 days, solidifying its status as a top ecosystem.
🔹WETH on Polygon follows closely, growing by 263% as it capitalizes on #Ethereum's adoption.
#Crypto