0-100 MATIC

100-1k MATIC

1k-10k MATIC

10k-100k MATIC

>100k MATIC

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Zero balance

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Polygon

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). 

Cryptocurrency analysts of Coinidol.com report, Polygon's Ecosystem Token (POL) price fell below the moving average lines on December 19. As a result, the altcoin could fall even further.

Polygon Reaches Its Lowest Price And Faces The $0.50 Hurdle

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: World Liberty Financial teams up with Ethena, Polygon rejects $1.3 billion stablecoin proposal and more

Polygon rejected a preliminary proposal to deploy over $1 billion in stablecoin reserves from the PoS Chain bridge for yield generation.

Polygon rejects proposal to use over $1 billion of bridge stablecoins for yield generation

Ethereum

The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec.

Lido Ends Staking on Polygon; Refocuses on Ethereum

The price of the Polygon Ecosystem Token (POL) has resumed selling pressure after peaking at $0.76.

Polygon Continues Its Decline Below The Low Of $0.58

Lido has announced the discontinuation of its staking services for the Polygon proof-of-stake (PoS) chain, following a community-approved vote in November.

Lido Phases Out Staking Services for Polygon PoS Chain

Lido is winding down its staking service on Polygon due to various challenges, including limited user adoption.

Lido begins phasing out staking service for Polygon PoS chain

Aave

Aave Chan proposed to phase out Aave's lending protocols on Polygon to safeguard the protocol against future security risks.

Aave contributor suggests exiting Polygon amid latter's ‘risky' bridge proposal

The plan uses Morpho Labs' vaults to manage USDC and USDT, targeting a conservative 7% annual return using various strategies.

Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield

The Polygon community is evaluating a proposal to use over $1 billion in stablecoin reserves held on the PoS Chain bridge to generate yield.

Polygon community weighs proposal to deploy over $1 billion in stablecoin on its bridge for yield generation

The price of Polygon's Ecosystem Token (POL) has continued to rise after falling below the 21-day SMA and then rising above it. In the previous price activity, POL reached a high of $0.75 but failed to move higher.

Polygon Is Recovering After A Recent Drop Above $0.55

Smart car project Dimo is migrating to Coinbase's Base to open the door to potentially valuable partnerships and collaborations.

Drive-and-Earn Platform Dimo Swaps Ethereum Networks, From Polygon to Base

The price of Polygon's Ecosystem Token (POL) has recovered from its decline and reached a high of $0.71.

Polygon Reaches The Price Target Of $1.30 And Continues To Rise

The price of the Polygon Ecosystem Token (POL) has continued its upward trend, reaching a high of $0.58.

Polygon Risks Decline When Reaching The $0.60 Mark

The price of Polygon's Ecosystem Token (POL) is still trading above the moving average lines, but below the barrier at $0.47.

Polygon's Ecosystem Token Is On The Rise And Is Targeting The High Of $0.60

The price of the Polygon Ecosystem Token (POL) has resumed its uptrend and has risen above the moving average lines.

Polygon Returns To Trading After Crossing The $0.45 Mark

Arbitrum

Avalanche

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

BlackRock Announces BUIDL Expansion Across Aptos, Arbitrum, Avalanche, Optimism and Polygon

BlackRock has expanded its tokenized money market fund to include several more blockchains.

BlackRock expands its tokenized money market fund to Polygon and other blockchains

The investment giant is bringing its real-world asset fund to Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet and Polygon.

BlackRock Expands Tokenized Fund BUIDL Beyond Ethereum to Five New Blockchains

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRock's tokenized fund BUIDL expanding to Aptos, Arbitrum, Avalanche, Optimism and Polygon

The price of Polygon's Ecosystem Token (POL) is rising after hitting a low above the $0.30 support.

Polygon Recovers And Aims For A High Of $0.40

Newton is a “chain unification network” that simplifies the process of transacting across chains in Polygon's Ethereum-compatible AggLayer.

Magic Labs' Newton Launches to Unify Chains on Polygon AggLayer

Dubbed Newton, the network and wallet solution aims to make using cross-chain dapps as easy as "surfing the web."

PayPal-backed Magic Link and Polygon launch a new cross-chain network aiming to bust ‘blockchain silos'

Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.

In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'

The price of Polygon's Ecosystem Token (POL, ex MATIC) has fallen even lower, breaking through the $0.35 support. POL fell to a low of $0.30, triggering another range move.

News for Polygon Crypto (MATIC)