Ethereum Watch

Polygon network has seen a surge in RWA interest, including a recent ECB trial.  MATIC traction on the price charts has slowed slightly, with $0.51 as a key price level.  Polygon [MATIC] founder Sandeep Nailwal has acknowledged rising Real World Asset (RWA) interest in the Ethereum [ETH] L2 network. His remarks followed the European Central […]

The Dencun upgrade caused volatility for L2 tokens. Activity on Polygon and Arbitrum grew as fees declined, but Optimism failed to benefit. Ethereum’s [ETH] Dencun upgrade was expected to have a massive impact on the Ethereum network and its price. Advertisements However, along with that, Layer-2 networks were also expected to be impacted due to the […]

Advertisements XRP now makes up over 1% of the Grayscale large fund portfolio. Polygon continues to decline after the market crash. Grayscale recently adjusted its extensive portfolio of funds by adding and removing certain digital assets. Ripple [XRP] and Polygon [MATIC] were involved in this rebalancing, but what roles did they play? XRP in, MATIC […]

Advertisements Members of Lido’s governance body are considering a new proposal to discontinue the protocol’s operations on Polygon.  The demand for MATIC has plummeted in the past ten days.  In the wake of Lido Finance’s [LDO] withdrawal from the Solana [SOL] network, a proposal has surfaced among community members to sunset the liquid staking protocol […]

As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks.  With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.”  Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]

Advertisements y00ts’ disclosure of its move to Ethereum has been met with intense debate. NFT sales across blockchains have decreased in the last 30 days. In a surprising turn of events, Polygon [MATIC]-based NFT collection y00ts has made a strategic decision to ignore the possibility of a move back to Solana [SOL]. Instead, it announced […]

Advertisements The sales of Ethereum and Polygon-minted NFTs on OpenSea have fallen to their lowest level this year. Blur continues to overshadow OpenSea in terms of monthly trading volume.  The monthly sales volume of Ethereum and Polygon-based non-fungible tokens (NFTs) on the leading marketplace OpenSea has plummeted to its lowest point this year as July […]

Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, have pledged $100 million to help accelerate COVID-19 research and relief efforts in India.  Advertisements With COVID-19 variants continuing to emerge and spread, and with a very high number of people experiencing long-term symptoms speeding up, research efforts are critical. How The Donation Will […]

Advertisements Aave V2 iteration on Polygon has suffered a temporary halt. AAVE’s buying pressure has climbed in the last week. Aave’s [AAVE] V2 iteration on Layer 2 (L2) network Polygon [MATIC] suffered a temporary halt due to a bug on 19 May. This prevented Aave V2 Polygon users from interacting with Wrapped Ether [wETH], Tether […]

Advertisements Summary: Daily unique addresses on Ethereum Virtual Machine-compatible chains set a new all-time high of 6.77 million last week. Experts and on-chain say expensive gas fees pushed more users to leverage EVM-chain like BNB Chain, Polygon, Fantom, and Avalanche. The hike in gas fees coincides with the Pepe and meme coin fever spreading through […]