According to our current Polygon price prediction, the value of Polygon is predicted to drop by -6.79% and reach $ 0.829033 by December 17, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 27 (Fear). Polygon recorded 12/30 (40%) green days with 4.47% price volatility over the last 30 days. Based on our Polygon forecast, it’s now a bad time to buy Polygon.
According to a 3 December tweet by token terminal, dApp activity on the Polygon network continued to grow over the last few months. Polygon grew its market share in terms of daily active users and outperformed competitors over the course of the last few months. This spike in activity could aid MATIC’s ailing prices. It’s the time for dApp active users – at the time of writing, there were 412,000 daily active users on Polygon’s dApps. The network ranked second…
According to our current Polygon price prediction, the value of Polygon is predicted to rise by 3.48% and reach $ 0.852553 by December 3, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 28 (Fear). Polygon recorded 11/30 (37%) green days with 11.97% price volatility over the last 30 days. Based on our Polygon forecast, it’s now a bad time to buy Polygon.
When we talk about Polygon, we typically mean the Proof-of-Stake blockchain that uses MATIC as its native asset. However, it’s important to mention that the Polygon project is also working on other solutions that address the issue of blockchain scalability. Here’s the current lineup of Polygon’s solutions: Polygon PoS – Proof-of-Stake network that’s compatible with Ethereum Polygon zkEVM – A zero-knowledge (ZK) rollup layer 2 solution for Ethereum Polygon Avail – A blockchain focused on data availability Polygon Edge –…
The Polygon project has seen significant growth thanks to the scalability issues facing the Ethereum blockchain, becoming one of the leading players when it comes to Ethereum-compatible layer 2 solutions. Let’s quickly take a look at some of the most notable milestones accomplished by Polygon: April 2019 – Matic Network holds its token sale on Binance Launchpad February 2021 – Matic Network rebrands to Polygon June 2021 – The Total Value Locked (TVL) of the Polygon blockchain hits $10 billion…
The Polygon crypto price began seeing immense growth in 2021, when congestion and very high transaction fees on Ethereum made it clear that scaling solutions are necessary. With the token rallying throughout the year, the MATIC crypto reached its all-time high in December 2021 at just under $3. Let’s go through some of the biggest price milestones that the MATIC price has seen since its launch in 2019. $0.0026 – The price at which MATIC was sold during its token…
Polygon is a blockchain project that’s aiming to improve blockchain scalability—in other words, it is working on solutions to help users access faster and cheaper blockchain transactions without compromising security. Polygon, which was once known as Matic Network, was established in 2017. The project had a token sale for their MATIC token on the Binance Launchpad IEO platform in April of 2019 and raised approximately $5 million. In February 2021, the team announced they would be rebranding from Matic Network…
