Ethereum Watch

May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. Advertisements Despite Polygon’s countless innovative partnerships and bullish news events, its native token […]

MATIC has struggled in the market recently, even during times of recovery. The coin has been unable to clear the resistance at $1.2 in the last couple of weeks and this has seen it take a beating below $1.1 multiple times. However, times may be changing for the cryptocurrency as the token is beginning to […]

The Polygon team officially deployed the zkEVM Mainnet for public use.  Ethereum’s Vitalik Buterin made the first transaction on the network as over 50 projects were in line to join.  Almost six months after its Public Testnet, the Polygon [MATIC] zkEVM Mainnet Beta went live on Monday 27 March. The event, which began at 10 […]

Advertisements Summary: On Friday, Matter Labs launched zkSync Era for users, beating other zero-knowledge developers like Polygon to the punch. The project already opened its so-called “first ZK Ethereum Virtual Machine-compatible” product to developers a month ago. Matter Labs CEO Alex Gluchowski cautioned users to “take it carefully” and not “just ape into it” as […]

The Ethereum-Polygon ERC-20 bridge is the most active, data on January 23 reveals. Advertisements Polygon-Ethereum Bridge Dominant As of January 23, there were $2.18 billion of assets locked in the Ethereum-Polygon ERC-20 Bridge, almost twice the value of assets locked between the Ethereum and Arbitrum bridge which, at the time of writing, stood at $1.36 billion. […]

Polygon announced its partnership with Warner Music Group and yet-to-launch music NFTs platform LGND Music. The network confirmed that it commenced the first batch of one-third vesting and distribution further to its February fundraising.   Blockchain projects seem to be scampering for end-of-the-year wins following the series of problems that have plagued the ecosystem since the […]

It has been quite an interesting week for Ethereum’s community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now. The latter’s native cryptocurrency, MATIC, concluded the week on the back of a significant upside on the charts. Advertisements MATIC’s bulls […]

One of the biggest Ethereum competitors faced network-wide issues, potentially tied to a previous update on the network. This, directly and indirectly affected the native token’s price as per CoinMarketCap. Advertisements Didn’t go down well Binance, the world’s biggest crypto exchange by trading volume announced the temporary stoppage of all Polygon-related deposits and withdrawals as […]

Layer 2 protocols aimed at bringing scalability to the ever-congested Ethereum network have been stealing the crypto show ever since the DeFi summer last year. One platform that especially stood out was Polygon, which has become a go-to for many to for many DeFi proponents looking for low fees and high speed on their transactions. […]

Ethereum’s scalability solution Polygon will implement this network update in its fee model via EIP-1559. According to an official post, this upgrade will introduce a burning mechanism for MATIC and will improve its fee visibility. Advertisements Related Reading | Polygon Expands Its Footprint As Evolving NFT And Gaming Ecosystems Seek Ethereum Alternatives Ethereum introduced EIP-1559 […]