Polygon (also known as
MATIC) has seen significant action over the course of the previous month. A focus has been placed on its transition to the
POL token, including a detailed conversion guide and updates regarding the upgrade's support on platforms like
Coinbase and
Binance. Alongside this, there's been a surge in
on-chain activity, hinting at a possible price reversal and potential for a bullish run. Despite this activity, MATIC dropped to new lows, but the community remains positive about the future of the token.
Featured prominently throughout the past month was the introduction of a
revenue-sharing model, which could potentially mimic similar price trajectories seen by ETH. However, even with these developments, the MATIC to POL swap caused no significant boost in price, with the token still down 61% this past year.
Analysts have also projected an optimistic future for the token, some predicting a rally of up to a 3050% increase in price, while others speculate the potential for MATIC to surge to $0.85. Furthermore, Polygon eyes additional development to increase its
infrastructure robustness and paves the way for a potential zkVM feat with new AggLayer contributor.
MATIC Coin News Analytics from Wed, 29 May 2024 07:00:00 GMT to Thu, 21 Nov 2024 00:35:00 GMT -
Rating 2
- Innovation 6
- Information 6
- Rumor 0
