Polygon (POL) experienced a sluggish overall performance in comparison to the wider cryptocurrency market in September.
BlockDAG, with its $1M giveaway, caused a stir in the market, sparking a surge in Polygon prices. As a result, Polygon experienced significant growth, reclaiming its position among the top 20 cryptos during a parabolic run. This growth has been spurred by changing trends in the Blockchain projects shaping the future of
DeFi. Polygon is set to commence a much-awaited swap of
POL token for the longstanding
MATIC. This project experienced a significant price surge following its Binance listing. This upward price trajectory coincided with Assetera launching a secondary tokenized
RWA market on Polygon. With speculations that Polygon may overtake Bitcoin in Q4, there are questions regarding MATIC's continued relevance. The platform has recently experienced a boost in its on-chain activities despite a dip in MATIC prices. Polygon has also unveiled a new grants program with 1B POL to be unlocked over the next decade. There are prospects of some
cryptos experiencing a month-end boost, with MATIC, NEAR, SHIB, & MTAUR being among these. Polygon's recent major upgrade has seen the price of POL surge by 5% even as MATIC struggles with Bearish market conditions. Polygon's future appears promising, with the cryptocurrency expected to bridge all of Web3 to
Ethereum.
Polygon Coin News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Wed, 02 Oct 2024 16:26:57 GMT -
Rating 7
- Innovation 9
- Information 8
- Rumor 3
